SEE Stock Trading Platform Launches First Two Blue-Chip Indices

SEE Stock Trading Platform Launches First Two Blue-Chip Indices

SEE Link, a stock trading regional platform of Southeastern Europe (SEE) backed by the EBRD, has started to calculate its first two blue-chip equity indices. The indices, SEE LinX and SEE LinX EWI, aim to enhance the visibility of regional markets, according to see-link.net.
SEE LinX is a market capitalization weighted index adjusted for the free-float of each constituent, while SEE LinX EWI is an equally weighted index with the same constituents.
Both indices, lauched on 1 April, are composed of the 10 most actively traded companies listed on the three participating exchanges: Bulgaria’s Advance Terrafund REIT, Sopharma and Monbat; Croatia’s Atlantic Grupa, Ericsson Nikola Tesla, Hrvatski Telekom, Podravka, and Valamar Riviera; Macedonia’s Komercijalna banka and Alkaloid.
SEE Link was founded by the stock exchanges of Bulgaria, Croatia and Macedonia with support from the European Bank for Reconstruction and Development (EBRD). The platform became fully operational with last week’s launch of an order-routing system.
The trading network will help integrate domestic stock markets with a combined equity market capitalisation of 30 billion US dollars allowing for order routing of almost 400 stocks listed on the three exchanges, SEE Link has said in a statement. The system aims to increase liquidity and improve access for investors and local brokers.

Sofia News Agency

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.