Seulbyeni Stock Exchange
| File:SSX.png | |
| Type | Stock Exchange |
|---|---|
| Location | Seulbyeni City, Anikatia |
| Founded | 1894 |
| Key people | Charles Leung(CEO) David Kwong (Chairman) |
| Currency | Anikuro |
| No. of listings | 1,775 (May 2014) |
| Market cap | ₳3.822 trillion (May 2014) |
| Indices | SSX Composite |
| Website | ssx.co.ank |
The Seulbyeni Stock Exchange (SSX; Anikatian: 슬볘니 증권 거래소; Seulbyeni Jeung-gwon Geolaeso), is a stock exchange located in the Seulbyeni Islands. It is one of the leading eastern stock exchange in terms of market capitalization behind the Anikatian National Exchange Group, and one of the largest in the world behind. As of 30 May 2014, the Seulbyeni Stock Exchange had 1,775 listed companies, 815 of which are from mainland Anikatia, 822 from Seulbyeni and 138 from abroad, Seulbyeni Exchanges and Clearing is the holding company for the exchange.
History
Records of securities trading in Seulbyeni date back to 1870s. In 1894 when the Association of Stockbrokers in Seulbyeni was established, Seulbyeni had its first formal stock market. It was renamed The Seulbyeni Stock Exchange in 1924. By 1976, Seulbyeni had four stock exchanges in operation. There were subsequently calls for the formation of a unified stock exchange. The Stock Exchange of Seulbyeni Limited (the Exchange) was incorporated in 1980 and trading on the Exchange finally commenced in 1988. The 1991 Seulbyeni Islands Crisis led to chaos on the markets and the exchange was closed until the conflict had ended. As part of the agreements with the Arthuristan government the new leaders of the DSRA enforced little changes onto the system and instead allowed it to contiune as before. During this period the exchange lead the Anikatian economy. Today, in order to meet the challenge from technological advances, globalisation of the international financial markets and the needs of the increasingly sophisticated investors both locally and overseas, fundamental reform of the existing market structure is needed. According to the reform plan announced in March 2002, the Exchange, the Seulbyeni Futures Exchange and their clearing houses will merge into a new holding company, the Seulbyeni Exchanges and Clearing Limited. The new holding company will ultimately seek a listing on the Exchange.