Viennese and Belgrade's stock exchanges signed Agreement on use of index of Serbian stocks - SRX

Starting from today (March 7, 2007), the Viennese and Belgrade's stock exchanges will be working together in the field of the stock exchange indexes. The Manager of Belgrade's Stock Exchange, Gordana Dostanić, and the President of Viennese Stock Exchange, Michael Buhl, have signed the agreement on creation and use of indexes.

( Michael Buhl and Gordana Dostanić)

Index of Serbian stocks - SRX - is the price index pondered by the market capitalization and structured from the most traded stocks at the Belgrade Stock Exchange. SRX, which currently keeps record of eight largest and the most liquid stocks at the Belgrade Stock Exchange, will be today launched in EUR, USD and RSD.

- The two stock exchanges will have much use from Serbian index SRX. The liquidity at the Belgrade Stock Exchange will grow and Viennese Stock Exchange will, once again, prove its worldwide acknowledged index expert knowledge related to east and southeast Europe - said Buhl.

- Having established cooperation with Viennese Stock Exchange through this contract, the Belgrade Stock Exchange will have a chance to gain experience and new professional knowledge in field of development of stock exchange indexes, with the emphasis on their marketing and sales, especially when having in mind that Viennese Stock Exchange develops, calculates and publishes indexes - said Gordana Dostanić.