Belarusian Currency and Stock Exchange

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Belarusian Currency and Stock Exchange
Type open joint-stock company
Location 48A Surganova Street, Minsk, Belarus
Founded 1998 (1998)
Owner National Bank
Key people Andrei Aukhimenia (President)
Currency Belarusian ruble
Website web.archive.org/web/20071031121130/http://www.bcse.by/

The open joint-stock company 'Belarusian currency and stock exchange' (Russian: Белорусская валютно-фондовая биржа) was formed in 1998 in accordance with the Decree of the President of Belarus from July 20, 1998 №366 “On perfection of system of state regulation of the stock market”. The founders of the stock exchange were the National Bank of the Republic of Belarus (a control share holding), State Property Fund of the Ministry of Economics of the Republic of Belarus and a number of large banks of the Republic of Belarus.

Management[edit]

The supreme body of management of open joint-stock company “Belarusian currency and stock exchange” is General meeting of shareholders. The structure of BCSE shareholders, except for founders includes banks, the broker/dealer subsidiaries of republic, etc. The Management of BCSE between the General meetings of shareholders is carried out by the Supervisory council.

BCSE carries out functions of organization of trades, function of the operator of settlement-clearing system, settlement depositary, information centre and also carries out registration of the transactions concluded on the over-the-counter market.

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