Belgrade Stock Exchanage announced amendments to its Rules of Business Operation and obtained approval for the implemented amendments from the Securities and Exchange Commission (SEC) of Serbia. The main change is related to the implementation of new trading system with the FIX protocol, BelexFIXAPI Module, that enables the BELEXFIX official trading system to be launched after comprehensive testing. Such system will enable market participants faster market approach, quicker order placing via the Internet and safer trading process.
BELEXFIX was initially decided to be the official trading system of the BELEX on 14 April, 2008. It consists of several modules. Trading module is the key module and consists of two existing trading methods, the continuous and single price auction methods, as well as numerous additions to enhance trading process. The Listing module is used for registration of various market materials, while the Information module generates various reports fitting clients needs.
Changes to BELEX Rules of Business Operation will come into force on 8 January, 2010.
D.C.