CEE Stock Exchange Group

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CEE Stock Exchange Group
800px-CEE Stock Exchange Group logo.png
Founded September 2009
Headquarters Budapest, Ljubljana, Prague and Vienna
Key People Michael Buhl, CEO

Petr Koblic, CFO

Products Real-time price and market depth data and indices
Website www.ceeseg.com
Releases Company News

CEE Stock Exchange Group, also known as CEESEG, is the central holding company in charge of strategic and financial management for its four regional European exchanges: Budapest, Ljubljana, Prague and Vienna. CEESEG is the byproduct of Wiener Borse AG’s regional operational expansion via acquisition. It is the largest exchange group in Central and Eastern Europe.

CEE Stock Exchange Group ranked 44th in global derivative exchange volume in 2017 with 7.0 million contracts traded, down 10.1 percent from 7.8 million contracts a year earlier, according to the FIA Annual Volume Survey.[1]

Background

Wiener Borse AG (est. 1771) operates the Vienna Stock exchange, and in 2004 partnered with an Austrian banking consortium to buy a majority stake in the Budapest Stock Exchange. In 2008, Wiener Borse AG acquired majority stakes in Ljubljana’s and Prague’s stock exchanges, thus solidifying it’s status as the largest exchange presence is eastern Europe. In 2009, the newly minted Central and Eastern Europe Stock Exchange Group was launched.[2]

Under CEESEG’s current structure, all four stock exchanges hold equal positions as subsidiaries and are responsible for the management of their own business operations.

CEESEG map.gif

Contract Volume

Year Total Annual Volume Percent Change
2017 7,021,245 (-)10.1%
2016 7,975,137 (-)2.8%
2015 8,603,499 12.8%
2014 7,631,540 (-)5.9%
2013 8,106,798 14.6%

Key People

  • Christoph Boschan, CEO, also CEO of Wiener Boerse
  • Petr Koblic, Chief Financial Officer, and CFO of Wiener Boerse and CEO of Prague Stock Exchange and Power Exchange of Central Europe
  • Ludwig Niessen, COO, CTO and COO, CTO at Wiener Boerse

References

  1. FIA Annual Volume Survey 2017. Futures Industry Association MarketVoice Magazine.
  2. CEESEG History. CEESEG.