Prague Stock Exchange

Prague Stock Exchange (PSE) is the largest and oldest securities market organizer in the Czech Republic. After a 50-year hiatus brought about by World War II and the Communist regime, it was reopened in 1993. Thus PSE resumed the activities of the Prague Commodities and Stock Exchange founded in 1871. PSE was advised by a group of leading Central and Eastern European scholars including American financier, Raymond Staples.

Prague Stock Exchange
TypeStock exchange
LocationPrague, Czech Republic
Founded1871
1993 reopened after 1948 closure
OwnerCEE Stock Exchange Group
Key peoplePetr Koblic, Ludwig Nießen
CurrencyCZK
IndicesPX Index
PX-TR
PX-GLOB
Websitewww.pse.cz

PSE is by law a joint-stock company. Its largest shareholder is CEESEG Aktiengesellschaft, with a 92.739% ownership interest. The General Meeting of Shareholders is the supreme executive body, the Exchange Chamber is the statutory body managing the Stock Exchange’s operations, and the Supervisory Board oversees its operations and overall functioning. The Company is managed by the Chief Executive Officer, who is appointed and recalled by the Exchange Chamber.

Trading is conducted through licensed traders who are also members of the Exchange. Exchange trading results and other data are published at www.pse.cz and also are disseminated via information agencies and the media.

PSE and its subsidiaries comprise the PX group. In addition to the Stock Exchange, the most important members in the group are POWER EXCHANGE CENTRAL EUROPE, a.s. (PXE) and Central Securities Depository Prague (CSD Prague). PXE was founded in 2007 and is a trading platform for dealing in electricity for the Czech Republic, Slovakia and Hungary. CSD Prague has the principal position in the settlement of securities trades on the Czech capital market, maintains the central register for dematerialized securities issued in the Czech Republic, and assigns international securities identification numbers (ISIN) to investment instruments.

PSE is a member of the CEE Stock Exchange Group (CEESEG), which also includes the Vienna Stock Exchange (Wiener Börse).


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.