Montenegro Stock Exchange
The Montenegro Stock Exchange (MNSE) ( Montenegrin: ''Montenegroberza AD'') is a stock exchange located in Podgorica, Montenegro. It is Montenegro's only stock exchange. The MNSE was founded 1993, and is a member of the World Federation of Exchanges, Federation of European Securities Exchanges and Federation of Euro-Asian Stock Exchanges. As of 10 January 2011 it fully incorporated NEX Stock Exchange, also in Podgorica, forming a single Montenegrin capital market. Trading on the MNSE consists of short and long term securities, six investment funds, bonds, and shares from government funds portfolios. The MONEX20 and MONEXPIF are the principal stock indices of the Montenegro Stock Exchange. The Montenegro Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges. History Montenegro Stock Exchange was established in June 1993, pursuant to the Law on Money and the Capital Market. The first shareholders of the Stock Exchange were the state itself and four national ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Podgorica
Podgorica (Cyrillic script, Cyrillic: Подгорица, ; Literal translation, lit. 'under the hill') is the Capital city, capital and List of cities and towns in Montenegro, largest city of Montenegro. The city was formerly known as Titograd (Cyrillic script, Cyrillic: Титоград, ) between 1946 and 1992—in the period that Montenegro formed, as the Socialist Republic of Montenegro in honour of Marshal of Yugoslavia, Marshal Josip Broz Tito. The city was largely destroyed during the bombing of Podgorica in World War II and accordingly the city is now dominated by architecture from the following decades of communism. Further but less substantial damage was caused by the NATO bombing of Yugoslavia, 1999 bombing by NATO forces. The surrounding landscape is predominantly Mountain range, mountainous terrain. The city is just north of the Lake Skadar and close to coastal destinations on the Adriatic Sea. Historically, it was Podgorica's position at the confluence of the Ribn ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Montenegro
) , image_map = Europe-Montenegro.svg , map_caption = , image_map2 = , capital = Podgorica , coordinates = , largest_city = capital , official_languages = Montenegrin , languages2_type = Languages in official use , languages2 = , ethnic_groups = , ethnic_groups_year = 2011 , religion = , religion_year = 2011 , demonym = Montenegrin , government_type = Unitary parliamentary republic , leader_title1 = President , leader_name1 = Milo Đukanović , leader_title2 = Prime Minister , leader_name2 = Dritan Abazović (acting) , leader_title3 = Speaker , leader_name3 = Danijela Đurović , legislature = Skupština , sovereignty_type = Establishment history , established_event1 = Principality of Duklja , established_date1 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Publicly Owned Company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develop ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Montenegrin Language
Montenegrin ( ; cnr, label=none, / ) is a normative variety of the Serbo-Croatian language mainly used by Montenegrins and is the official language of Montenegro. Montenegrin is based on the most widespread dialect of Serbo-Croatian, Shtokavian, more specifically on Eastern Herzegovinian, which is also the basis of Standard Croatian, Serbian, and Bosnian. Montenegro's language has historically and traditionally been called either Serbian or Montenegrin. The idea of a standardized Montenegrin standard language separate from Serbian appeared in the 1990s during the breakup of Yugoslavia, through proponents of Montenegrin independence from the State Union of Serbia and Montenegro. Montenegrin became the official language of Montenegro with the ratification of a new constitution on 22 October 2007. Language standardization In January 2008, the government of Montenegro formed the Board (Council) for Standardization of the Montenegrin Language, which aims to standardize the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World Federation Of Exchanges
The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the trade association of publicly regulated stock, futures, and options exchanges, as well as central counterparties (CCPs). It represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Its market operators are responsible for operating the key components of the financial world. It was founded in 1961 and is based in London, United Kingdom. Members To be a member, exchanges must adhere to the WFE Membership Criteria. Candidates are selected following a peer review. As of April 2019, the WFE had 70 members: * Abu Dhabi Securities Exchange * Amman Stock Exchange * Athens Stock Exchange * Australian Securities Exchange * B3 Brasil Bolsa Balcão * Bahrain Bourse * Bermuda Stock Exchange * BME Spanish Exchanges * BSE India Limited * Bolsa de Com ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Federation Of European Securities Exchanges
A federation (also known as a federal state) is a political entity characterized by a union of partially self-governing provinces, states, or other regions under a central federal government (federalism). In a federation, the self-governing status of the component states, as well as the division of power between them and the central government, is typically constitutionally entrenched and may not be altered by a unilateral decision, neither by the component states nor the federal political body. Alternatively, a federation is a form of government in which sovereign power is formally divided between a central authority and a number of constituent regions so that each region retains some degree of control over its internal affairs. It is often argued that federal states where the central government has overriding powers are not truly federal states. For example, such overriding powers may include: the constitutional authority to suspend a constituent state's government by invo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Federation Of Euro-Asian Stock Exchanges
The Federation of Euro-Asian Stock Exchanges (FEAS) is a non-profit international organization comprising the main stock exchanges in Eastern Europe, the Middle East, and Central Asia. The purpose of the Federation is to contribute to the cooperation, development, support and promotion of capital markets in Eurasia, although membership in the Federation is open to markets internationally. It was established on 16 May 1995 with 12 founding members. Currently, the FEAS has 43 members which include stock exchanges, post trade institutions, dealers associations, and regional federations from over 30 countries. The Federation's headquarters are located in Yerevan, Armenia. Membership Full members Full members of the Federation of Euro-Asian Stock Exchanges, include: * - Armenia Securities Exchange and the Central Depository of Armenia * - Sydney Stock Exchange * - Belarusian Currency and Stock Exchange * - Cyprus Stock Exchange * - Egyptian Exchange and thMisr for Central Clearing, D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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NEX Stock Exchange
The New Securities Stock Exchange or NEX Stock Exchange (NEX) was a stock exchange located in Podgorica, Montenegro. The NEX Stock Exchange was founded 2001. It was one of two principal stock exchanges in Montenegro, the other being the Montenegro Stock Exchange, also in Podgorica. In January 2010, stockholders in NEX approved a merger with the Montenegro Stock Exchange, initially expected to take place within two to three months. However, the two were technically merged as of 31 December 2010, with their systems jointly operating since 10 January 2011. Thus, NEX Stock Exchange ceased to exist as a legal subject. The merger consolidated and simplified securities trading in Montenegro. See also *Economy of Montenegro *List of stock exchanges *List of European stock exchanges In the European region, there are multiple stock exchanges among which five are considered major (as having a market cap of over US$1 trillion): *Euronext, which is a pan-European, Dutch-domiciled and Fra ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economy Of Montenegro
The economy of Montenegro is currently in a process of transition, as it navigates the impacts of the Yugoslav Wars, the decline of industry following the dissolution of the Yugoslavia, and economic sanctions imposed by the United Nations. Montenegro joined the World Trade Organization on 29 April 2012. Montenegro joined the North Atlantic Treaty Organization on 5 June 2017. The accession of Montenegro to the European Union is planned for 2025. History As a relatively small principality founded in 1852, Montenegro's economy was originally wholly based in agriculture, but it began developing an industrial economy at the turn of the 20th century. Growth was hampered by its small population, lack of raw materials, an underdeveloped transport network, and a comparatively low rate of domestic and international investment. The first industrial enterprises built in Montenegro were wood mills, an oil refinery, a brewery, salt works, and electric power plants. Economic developmen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Stock Exchanges
This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges. There are sixteen stock exchanges in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club". These exchanges accounted for 87% of global market capitalization in 2016. Some exchanges do include companies from outside the country where the exchange is located. Major stock exchanges Major stock exchange groups (the current top 21 by market capitalization) of issued shares of listed companies ("MIC" = market identifier code). * Note: "Δ" to UTC, as well as "Open (UTC)" and "Close (UTC)" columns contain valid data only for standard time in a given time zone. During daylight saving time period, the UTC times will be one hour less and Δs one hour more. **Applicable for non-closing auction session shares only. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |