1. STOCK EXCHANGES TROUGH THE PROJECT SEE LINK
LINKING OF REGIONAL
STOCK EXCHANGES TROUGH THE PROJECT SEE LINK
Ahmed Hodžić Sarajevo Stock Exchange
Contact phone:
Contact

2. THE NUMBER OF POPULATION, GDP PER CAPITA, ECONOMIC JUSTIFICATION OF STOCK EXCHANGE OR ECONOMIC SUSTAINABILITY
Stock Exchanges
Population
GDP per capita (EUR)
Annual turnover 2016 (EUR)
% Share turnover
Sarajevo stock Exchange
&
Banjaluka Stock Exchange
3.704
18,49%
15,31%
Zagreb Stock Exchange  
10.338
25,01%
Belgrade Stock Exchange  
4.760
17,34%
Montenegro Stock Exchange
4.348
5,51%
Macedonian Stock Exchange  
3.926
2,32%
Ljubljana Stock Exchange
17.445
15,98%
Total
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

3. STOCK EXCHANGE AS FINANCIAL INSTITUTION I
HISTORY– TRANSITION BUM
CERTIFICATES – SHAREHOLDERS SECURITIES
DEBT SECURITIES AS ALTERNATIVE SORCE OF FINANCING
DEVELOPED STOCK EXCHANGES TODAY HAVE COMPLETE INFRASTRUCTURE REQUIRED FOR OPERATING THE PROCES OF CONNECTING SUPPLY AND DEMAND OF SECURITIES: BANK, RVP, CCP, SPECIALIZED STOCK EXCHANGES.
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

4. ASPECTS TO CONNECTING COALITIONS JOINING ASOCIATIONS FEDERATIONS
UNIONS
INTEGRATIONS
E-TRADING LINK
JOINT PLATFORM FOR TRADING
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

5. WHAT IS THE BENEFIT – ADD VALUE
EFFICIENT AND COMPETITIVE MARKET
INCREASE IN THE TRADE RULE
OPTIMAL PORTFOLIO CREATION
APPROACH TO THE MAXIMUM NUMBER OF INVESTORS FOR EMITTERS
INCREASE OF LIQUIDITY
ATRACTIVITY OF PLATFORM FOR INVESTITORS
SMALLER COSTS AND LARGER REFUNDS
EXCHANGE OF EXPERIENCE AND DEVELOPMENT
SINERGY EFFECT
NEW INVESTMENTS AND POSSIBILITY OF DIVERSIFICATION
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

6. TRADE PHASE– PHASE I WILL KNOWLEDGE STAFF FINANCE
AGREEMENT ON ESTABLISHING COMMON PLATFORM FOR TRADING (SEE LINK platform)
IS IT SUFFICIENT FOR ESTABLISHING QUALITY PLATFORM?
IT IS NOT.
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

7. Seven markets One market. One goal.
Ljubljana Stock Exchange
Zagreb Stock Exchange
Banjaluka Stock Exchange
Sarajevo Stock Exchange
Belgrade Stock Exchange
Bulgarian Stock Exchange
Macedonian Stock Exchange

8. SEE LINK – HISTORICAL MILESTONES
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

9. SEE LINK platform
FOUNDERS: Macedonian, Zagreb and Bulgarian Stock Exchange.
New members: Belgrade Stock Exchange, Ljubljana Stock Exchange, Banjaluka Stock Exchange, Sarajevo Stock Exchange.
At the access stage: Montenegro Stock Exchange, Athens Stock Exchange.
The idea behind this cross-border initiative is to integrate regional markets without merging or corporate integration, using only technology that will allow investors easier and more efficient access to these markets through a local broker.
SEE Link indexi (SEE LinX and SEE LinX EWI) The indices are composed of the 16 most actively traded regional companies listed on five participating exchanges: 5 from Croatia, 4 from Slovenia, 3 from Bulgaria and 2 from Macedonia and Serbia.
The project is funded by the EBRD (
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

10. SEE Link order-routing system now supports trading for total of seven markets, with a combined equity market capitalization of more than US$ 52 billion and over 1200 securities eligible for trading. A total of 32 investment companies (brokerage houses) are licensed to trade via SEE Link.
The system aims to increase liquidity and improve access for investors and local brokers.
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

11. POST TRADE PHASE – PHASE II
CONSOLIDATION AND SUPPORT OF ALL CAPITAL AND OTHER INSTITUTIONS PARTICIPANTS
RVP: CALCULATION AND  ALIGNMENT
CONNECTION & IT
LAW & REGULATIONS
MEMBERS AND MUTUAL COMMUNICATION
COMMISSION FOR SECURITIES: HARMONIZATION OF RULES
CBBH: LAW ON BUSINESS OPERATIONS
REGIONAL BANK - PARTICIPANT IN PROCESS OF CALCULATION AND ALIGNMENT IN REGIONAL MARKET
International Conference on Regional Market, Statistics Development and Investment Opportunities, Sarajevo 06-08/11/2017

12. Thank You for Your attention
Ahmed Hodžić Sarajevo Stock Exchange
Contact phone:
Contact