Budapest Stock Exchange
What is the Budapest Stock Exchange?
The Budapest Stock Exchange is the premier venue for stock trading in Hungary. Its long and illustrious history was interrupted for more than 40 years when the country was under Communist rule. It is today one of the leading exchanges in central and eastern Europe.
Where have you heard about the Budapest Stock Exchange?
As an investor, you may take an interest in the economies of the former Communist bloc and the often-dynamic companies to which they have given birth. If so, the Budapest Stock Exchange is certain to have featured in your enquiries as to investment opportunities.
What you need to know about the Budapest Stock Exchange.
Founded in 1864, the Budapest Stock Exchange was a key centre for trading equities, bonds and foreign currency in the mighty Austro-Hungarian Empire. Despite the empire's defeat in the First World War, trading continued to boom, but the market was closed between 1948 and 1990.
Today, the exchange says that its main goal 'is to become the financial centre and primary trading venue of Hungarian securities' and to compete successfully for the business of securities-issuing companies. It adds: 'As the key institution of the domestic financial market, the stock exchange provides various economic entities with an opportunity to raise capital in an open market and offers investors effective investment opportunities.'