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SEE Link, the joint trading platform of currently seven stock exchanges in Southeastern Europe (SEE), intends to deploy an innovative solution for settling cross-border trades developed by Vienna-based Raiffeisen Bank International (RBI). Its unique solution enables SEE Link to overcome settlement and asset servicing challenges caused by different currencies and legislations across participating countries. Representatives of the platform’s founding members, the Zagreb Stock Exchange, the Bulgarian Stock Exchange and the Macedonian Stock Exchange, and Skopje-based SEE Link itself signed a Memorandum of Understanding to that end with RBI in Vienna today.

“RBI is highly interested to see growing activity on the stock exchanges in Southeastern Europe and therefore welcomed the creation of SEE Link in 2014. We are delighted to provide the platform with our settlement and asset servicing solution. Members of participating stock exchanges will in the future be able to trade and settle trades executed on SEE Link. Furthermore, our international clients will gain easy excess to those markets through our GSS Operations Center”, explained Attila Szalay-Berzeviczy, Head of RBI Group Securities Services.

“This Memorandum of Understanding establishes the path for a very important additional piece of the puzzle of our regional order-routing infrastructure. We are very pleased that RBI would offer its services to the regional market participants in the future in addition to the current setup. We believe that this will facilitate the challenging process of cross-border settlement in SEE and further attract new investors from outside the region”, said Ivan Steriev, president of the Supervisory Board of SEE Link and CEO of the Macedonian Stock Exchange.



         

       
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Daily Report 7/19/2018

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The Twitter page of the Macedonian Stock Exchange Inc. (MSE) only promotes the content published on www.mse.org.mk, www.mse.com.mk и www.mse.mk (Official web page data) and is in no way MSE’s official channel of communication with the public or MSE’s official information system for informing the public of issuers and type of Securities traded on MSE; price, volume and value of the Securities traded in the market; any data related to the trading activities on the MSE and any other information relevant to the operations of the MSE.

MSE doesn’t manage the technical infrastructure for distribution of the Official web page data to MSE’s Twitter page and therefore MSE shall not be liable or responsible for any inaccuracy and incompleteness of the Official web page data published on MSE’s Twitter page. The complete Official web page data can be found only on www.mse.org.mk, www.mse.com.mk and www.mse.mk.

MSE shall not be liable or responsible for the content published and opinions expressed by users on its Twitter page. The users themselves take full responsibility for what they publish.

MSE reserves the right to delete comments and posts, as well as to block the users who have published such comments and post on MSE’s Twitter page, if MSE under its sole discretion finds such comments and post to be:
• unlawful, offensive, poorly educated, manipulative and misleading, use words, symbols or anything that incites or represent messages of violence, discrimination, profanity, or contain threats or intimidation of any kind
• violating copyright, trademark or other rights of third parties
• publishing private information of any person in violation of the law on personal data protection
• containing spam and advertising