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SРTУOБРCИKКEАXCHANGE

THE MACEDONIAN STOCK
EXCHANGE AND THE STOCK
EXCHANGES FROM THE
REGION

Evita Ivanova The connection of the stock the project SEE Link, however the in-
exchanges from the region terest for its expansion occurred before
The author is a Director of the the marking of the official beginning of
Sector of Administrative-Financial On 29.03.2016, the project for re- the project when the Belgrade and the
Affairs and Public Relations in the gional diversion of the trading orders Ljubljana stock exchanges confirmed
Macedonian Stock Exchange AD SEE Link became operational. In this their intent to join SEE Link. Then ap-
Skopje manner, the longstanding idea to con- plications to join the project were deliv-
nect the stock exchanges from South- ered by the stock exchanges from Ath-
east Europe became a reality. With this ens, Banja Luka and Montenegro.
project, which is financially supported
by the European Bank for Reconstruc- Trading potential
tion and Development, a regional infra- Currently through the SEE Link plat-
structure was created which provides
cross-boundary trading of securities form, the Macedonian, Bulgarian and
which are listed in the Macedonian, Croatian securities markets have been
Bulgarian and Croatian stock exchange. integrated, and their total market capi-
These are the three stock exchanges talization exceeds 30 billion dollars and
which started and successfully realized it provides exchange of trade orders for

Currently through the SEE Link platform, the Macedonian, Bulgarian and Croatian
securities markets have been integrated, and their total market capitalization
exceeds 30 billion dollars and it provides exchange of trade orders for more than 400
securities which are listed in the three stock markets
42 September 2016