FESE Admits Two New Corresponding Members: Bucharest Stock Exchange (BSE) And Zagreb Stock Exchange (ZSE)

FESE Admits Two New Corresponding Members: Bucharest Stock Exchange (BSE) And Zagreb Stock Exchange (ZSE)The Bucharest Stock Exchange was re-opened in 1995 and has since then made considerable efforts as to the establishment, development and consolidation of the exchange infrastructure. It has currently 65 companies listed in its two major tiers of equity trading. Listing requirements for these segments differ in the areas of economic performance, transparency and corporate governance.

The Zagreb Stock Exchange was re-established in 1991. ZSE is the premier stock and debt securities trading institution in Croatia. Issuers can list their securities either in Quotation I or Quotation II, depending on which set of listing requirements their securities meet. Since its re-opening, the Zagreb Stock Exchange has maintained a close working relationship with the Federation.

Corresponding Membership is open to leading market operators from European countries that are not yet in formal accession negotiations with the EU. Moreover, Exchanges from accession countries may apply for Corresponding Membership as a step towards their Associate FESE Membership. Candidates must fulfil a number of quality criteria set up by the Federation. Corresponding Exchange status is granted following an evaluation process by the Federation.