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The CEE Stock Exchange Group (CEESEG) can look back at a busy and successful year 2010. In January 2010, the four stock exchanges of Vienna, Budapest, Ljubljana and Prague were integrated as subsidiaries into the holding company, CEESEG AG. In March, the first medium-term project - the bundling of data vending operations for the entire Group - was completed with the integration of the price data of the Prague Stock Exchange into the data dissemination system of the Vienna Stock Exchange. Twenty-one customers were acquired for the four CEESEG stock exchanges and the seven other stock exchanges of the data alliance.
CEESEG achieved another milestone in December with the implementation of the trading system Xetra® on the Ljubljana Stock Exchange. With this changeover, now two of the four stock exchanges of CEESEG use the Xetra® trading system. Prague and Budapest will follow with the changeover.
At year-end, the CEESEG accounted for almost half of total market capitalization and around one-third of total trading volume in equities in Central and Eastern Europe, making it the largest stock exchange group of the region. The success of the Group is based on the good results of each of the partner exchanges.
Budapest Stock Exchange
As of 31 December 2010, market capitalization on the Budapest Stock Exchange was EUR 20.9 billion, and average monthly equity turnover EUR 1.7billion. Last year, there was one IPO on Budapest Stock Exchange – CIG Pannonia – and five listings without public offering as well as ten capital increases.
Ljubljana Stock Exchange
As of 31 December 2010, equity market capitalization on the Ljubljana Stock Exchange was EUR 7bn, and average monthly equity turnover EUR 41m. There was one new listing, Agrogorica d.d, in 2010 as well as 5 capital increases. LJSE admitted to membership two new international trading members.
Prague Stock Exchange
As of 31 December 2010, market capitalization on the Prague Stock Exchange was EUR 55.03 billion, and average monthly equity turnover EUR 1.28 billion. There was one IPO on the Prague Stock Exchange – Fortuna – and one listing without raising capital as well as five capital increases.
Furthermore, in July 2010, the Prague Stock Exchange started operation of its 100% subsidiary, the new Central Securities Depository Prague, which features many innovations and extensive services.
Vienna Stock Exchange
As of 31 December 2010, market capitalization on the Vienna Stock Exchange was EUR 91.86 billion, and average monthly equity turnover EUR 3.05 billion. In the previous year, the Vienna Stock Exchange acquired seven new trading members. There are now 55 international banks admitted to trading on the Vienna Stock Exchange that account for almost 65% of equity turnover. There were no IPOs on the Vienna Stock Exchange in 2010, but six companies were included in trading on the Third Market and six capital increases were carried out.
