Position of the warsaw stock exchange compared to the lse group and ceeseg (the first decade of the 21st century – selected parameters) Cover Image

Position of the warsaw stock exchange compared to the lse group and ceeseg (the first decade of the 21st century – selected parameters)
Position of the warsaw stock exchange compared to the lse group and ceeseg (the first decade of the 21st century – selected parameters)

Author(s): Urszula Banaszczak-Soroka
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: capilization; turnover; liquidity; stock exchange

Summary/Abstract: The beginning of the 21st century was a time of significant changes, which had an effect on stock exchanges in all regions of the world. Investors were under the influence of two slumps (2001 and 2007) on the one hand, and on the other they were optimistic because of the 2003-2007 bull market. Another characteristic trend were the numerous alliances and acquisitions of stock exchanges, including the creation of the CEESEG – a strong group of exchanges gathered around the Vienna Stock Exchange, which was the direct competitor of the WSE. The fusion of the stock exchanges in Vienna, Ljubljana, Prague and Budapest made the WSE’s struggle for supremacy in the region even harder. The analysis of parameters such as capitalization, value of turnover, liquidity ratio and concentration shows that the WSE is still behind the CEESEG.

  • Issue Year: 2013
  • Issue No: 3 (16)
  • Page Range: 51-63
  • Page Count: 13
  • Language: English