FEAS Yearbook FEAS Yearbook 2017 | Page 19

Organization Overview

Belarusian Currency and Stock Exchange (BCSE) is the trading platform serving the three main segments of the organized financial market of the Republic of Belarus (currency, stock and futures market).

BCSE carries out the following activities: organization of trading, clearing and settlement activities, activities on electronic document system (SED) and information services.

In addition, BCSE performs the function of supporting indicative quotations on assets traded outside the trading floor, and acts as a central registrar of information about OTC securities transactions.

The main purpose of BCSE is to promote the formation of fully organized financial market that meets its members’ needs, providing the government with effective market mechanisms for monetary and fiscal policy implementation, for performing supervisory and regulatory functions.

Mission

To become the main power on the way of reforming the Belarusian organized financial market and to make it the basic source of investments for Belarusian enterprises.

Main goal

To form a highly efficient organized financial market in Belarus to meet the requirements of its professional participants, private and foreign investors, and the state. Up-to-date technologies, client orientation, outreach services are the defining factors to achieve this purpose.

Corporate Action

Dividends are paid annually in accordance with the decision of General Meeting of Shareholders by transferring the money to the Shareholders’ account.

There are three Committees created by the Supervisory Counsel – Risk; Audit; Strategy and Payments.

Yearbook 2017

Belarusian Currency and Stock Exchange

Mr. Andrei Aukhimenia

Chairman of BCSE

Key Highlights of the year 2016 2017

Changes and developments in 2017

•Launching SWAPs, conversions in the currency market.

•Prolonging the trading sessions in the currency market.

•Introducing the first market maker in the currency market.

Launching "Exchange-Online" product to monitor the currency trading in real time.

•Launching silver futures.

•Launching deposit auctions in the money market.

•Organizing a specialized trade sector for securities of small and medium-sized businesses.

•Monetizing listing services.

•Cooperation Memorandum between BCSE and Baku Stock Exchange.

Plans for 2018

•Organizing REPO trades in securities basket.

•Expanding the range of futures market instruments

•Monetizing clearing and settlement services.

Established: 1998

Chairman: Mr. Andrei Aukhimenia

Address: 48a, Surganova str., 220013 Minsk,

Republic of Belarus

Contact Name: Ms. Olga Blusson

Email: [email protected]

Website: www.bcse.by

About Belarusian Currency and Stock Exchange

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