Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Budapest Stock Exchange

Budapest Stock Exchange Definition

The Budapest Stock Exchange is a relatively new stock exchange headquartered in Budapest, capital of Hungary.

It replaced the unofficial "Budapest Stock Exchange Index" used during the phases of transition from a socialist to a into a market economy. The exchange presently contains seventeen stocks. To qualify for the index, a stock must comply with three out of five requirements. According to The Budapest Stock Index (BUX), these requirements include:

  • A certain minimum face value of a stock
  • A defined minimum price
  • A minimum number of transactions
  • A cumulated minimum turnover of 10% of the registered capital during the six months preceding the revision of the index

RELATED CATEGORIES
Exchanges




Submit a Definition



Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z