Profile of the Exchange
The
Prague Stock Exchange is the biggest organiser of the
securities market in the Czech Republic. By law it is a
joint stock company. It is based on the membership
principle, meaning that only licensed securities dealers who
are members of the Exchange have access to the Exchange’s
system and are entitled to make trades.
In June
2001 the Exchange was affiliated as the
Associate member of the Federation of the
European Securities Exchanges (FESE) and from 1
May 2004 it became the full member of FESE in
connection with accession of the Czech
Republic into the European Union.
In May 2004 the U.S. Securities and Exchange
Commission (the
U.S. SEC) officially granted the status of a
"designated offshore securities market" to the
Prague Stock Exchange and included it into the
list of offshore exchanges reliable for
investors.
Further information: