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Implementation Of The Trading System Of The Belgrade Stock Exchange With The Support Of The Luxembourg Government And The Assistance Of The Luxembourg Stock Exchange

Date 28/10/2005

The Luxembourg Government decided several years ago to contribute to the financing of a project aimed at implementing a trading system and a stock exchange distribution platform at the Belgrade Stock Exchange.

The Luxembourg Stock Exchange has been given the responsibility to conduct the implementation of the two-stage project. The first stage, ie the implementation of a remote access network, has now been completed and the project is now entering its second stage.

Under a cooperation agreement signed with the Government, the responsibilities of the Luxembourg Stock Exchange cover the monitoring of the technical specifications defined for the Belgrade trading system, whose infrastructure is a replicate of that of the Luxembourg Stock Exchange. In addition on top of its technical assistance, the Luxembourg Stock Exchange carries out a close monitoring of the financial aspects of the project.

This first contribution in its history to a major technical project abroad is evidence of the expertise of the Luxembourg Stock Exchange.