The New Securities Stock Exchange or NEX Stock Exchange (NEX) was a
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 th ...
located in
Podgorica,
Montenegro
)
, image_map = Europe-Montenegro.svg
, map_caption =
, image_map2 =
, capital = Podgorica
, coordinates =
, largest_city = capital
, official_languages = M ...
. The NEX Stock Exchange was founded 2001. It was one of two principal stock exchanges in Montenegro, the other being the
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 Exchan ...
, 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
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. Mon ...
*
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 ...
*
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 France-headquartered stock exchange compo ...
External links
NEX Montenegro official site
References
Economy of Montenegro
Stock exchanges in Europe
Defunct stock exchanges
{{Montenegro-stub