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BELGRADE STOCK EXCHANGE [BELEX]

Belgrade Stock Exchange [BELEX]

Belgrade Stock Exchange [BELEX] is one of the oldest stock exchange in Belgrade, Serbia located in the Hotel Bosna Building, was founded in November 21, 1894 and starts functioning on 2nd January 1895. In September 2004, Belgrade Stock Exchange was accepted into the Federation of Euro – Asian Stock Exchanges.

The Serbian Trading Association take initiative for development of passing Stock Exchange law in 1830’s, but the National Assembly adopted the law on 3rd November 1886, but the law was proclaimed by the king of Serbia Milan M. Obrenovic on November 21st 1894. The Belgrade Stock Exchange was considered one of the best organized financial institutions and one of the oldest exchanges in Europe and the prices established on the Exchange were the referent prices for products on other European exchanges.

 

 

 
BELGRADE STOCK EXCHANGE


HISTORY OF BELGRADE STOCK EXCHANGE

History of Belgrade Stock Exchange

The Exchange is located on the bank of the River Sava, mainly the trading sessions were held in two rooms, one for currency, money and other room for goods this developed as commodity trading.  More and more companies and securities are listed in the Stock exchange it accelerated the development of the Belgrade Stock Exchange.  In 1934 Stock Exchange moved its offices into the new building on the King’s Square no.13.

Belgrade stock Exchange had some bad time also, in 1953 it was closed because the reason the Stock exchange did not fit the socialist economy of the country, Most of the famous traders and bankers disappeared or convicted as enemies. So the exchange lost the key people and lost the track, Stock Exchange building destroyed by war attacks.

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