Trading on the integrated Budapest stock exchange

Fodor, Lóránt – Szabó, Imre László

Keywords: exchange integration, system of guaranties, derivatives market, gold contract with time limits

The maintenance and strengthening of competitiveness is the fundamental interest of both country and capital market. An outcome of this challenge is the integration of stock exchange in 2005. Market participants may connect to this up-to-date distance trading system (MMTS I-II) from any point on the world via an open interface, including individuals, institutional investors, agricultural producers or even speculators. To exploit the opportunities afforded by the exchange in making successful hedging or options deals (in the hope of price insurance) farmers and food processors have to be aware of the significant changes that have occurred (and still occurring) in the operations of the exchange. It is at present a strategic goal of Budapest Stock Exchange to remain on long term the determining institution in the development of domestic money and capital markets. Consequently it serves commercial enterprises requiring resources and the widest possible circle of investors.

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