Until 2020 the Central and Eastern Europe (CEE) Stock Exchange Group (CEESEG) was a holding company comprising the stock exchanges of
Vienna
en, Viennese
, iso_code = AT-9
, registration_plate = W
, postal_code_type = Postal code
, postal_code =
, timezone = CET
, utc_offset = +1
, timezone_DST ...
and
Prague
Prague ( ; cs, Praha ; german: Prag, ; la, Praga) is the capital and largest city in the Czech Republic, and the historical capital of Bohemia. On the Vltava river, Prague is home to about 1.3 million people. The city has a temperate ...
. The holding company was the strategic and financial leader and also responsible for the administration of the equity interests, while the day-to-day operation of the exchanges were taken care of locally by the two subsidiaries. In 2020 the Vienna Stock Exchange decided to simplify its group structure. In order to reduce expenses and costs, Wiener Börse AG merged with the former group holding company CEESEG AG. The Prague Stock Exchange is now a 99.54% subsidiary of Wiener Börse AG.
The CEESEG emerged as the outcome of a series of acquisitions of Central European stock exchanges by the Vienna Stock Exchange after the fall of the Iron Curtain. In addition to the investees under the umbrella of the holding company, the Vienna Stock Exchange also built up a network of cooperation exchanges in the region of Central and Southeast Europe. The cooperative ventures are mainly in the area of IT (shared trading system), the dissemination of exchange data and the calculation of exchange indices. These synergy effects and the common brand make it possible for the local markets to network with international customers better.
See also
*
Wiener Börse (Vienna Stock Exchange)
*
Prague Stock Exchange
Prague Stock Exchange (PSE; cs, Burza cenných papírů Praha (BCPP)) is the largest and oldest securities market organizer in the Czech Republic. After a 50-year hiatus brought about by World War II and the Communist regime, it was reopened in ...
External links
Press release: Vienna Stock Exchange simplifies group structureWebpage of Vienna Stock ExchangeWebpage of Prague Stock ExchangePress release: CEESEG sells stake in Ljubljana Stock ExchangePress release: CEESEG and OeKB sell stakes in Budapest Stock Exchange
{{Stock market
Stock exchanges in Europe
Financial services companies established in 2010