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Article: Hungary: The Hungarian Stock Exchange Tomorrow

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The Hungarian Stock Exchange Tomorrow

JOZSEF ROTYIS, DEPUTY MANAGING DIRECTOR, BUDAPEST STOCK EXCHANGE

Three months have passed since the foundation of the Budapest Stock Exchange, and the first difficulties have been overcome successfully. Within stock exchange transactions trading in stock has become determinative, with transactions initially based on a single kind of security (IBUSZ stocks) gradually being replaced by a more balanced structure of trading. As a result of this, trading is now based on 5 or 6 kinds of stock, and this number is rapidly increasing. The stock-exchange regulations have also been drafted, providing rules for quotation and trading and ...

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