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Belarusian Currency and Stock Exchange

  

Latest News

  •   The Luxembourg Stock Exchange has listed the first international bond from the Republic of Belarus
  •   BCSE and WSE held a joint seminar in Minsk
  •   NASDAQ OMX visit to BCSE
  •   Memorandum of cooperation between BCSE and WSE
  •   Belarussian CSE Future Outlook

     Official 12 Month Statistics
    Export table to MS Excel
      US$ Millions # Shares Millions
    Total Volume Avg. Daily Volume Total Volume Avg. Daily Volume
      Stocks
    8/2009 5.0233 0.2392 1.0363 0.0493
    9/2009 5.8586 0.2663 2.9004 0.1318
    10/2009 3.7989 0.1727 8.7151 0.3961
    11/2009 3.5366 0.1684 2.2861 0.1089
    12/2009 2.0959 0.0953 1.3536 0.0615
    1/2010 1.0199 0.0537 0.1255 0.0066
    2/2010 1.3787 0.0689 2.4932 0.1247
    3/2010 10.2637 0.4665 10.5015 0.4773
    4/2010 2.7062 0.1289 6.2093 0.2957
    5/2010 3.8463 0.1832 8.0745 0.3845
    6/2010 8.1818 0.3719 4.1012 0.1864
    7/2010 27.6221 1.2556 573.4724 26.0669
    TOTAL 75.3320 0.2954 621.2690 2.4363
      Bonds
    8/2009 1,384.5447 65.9307 35.4844 1.6897
    9/2009 1,556.0429 70.7292 39.5242 1.7966
    10/2009 1,382.3516 62.8342 35.9808 1.6355
    11/2009 981.2425 46.7258 21.7169 1.0341
    12/2009 1,297.9051 58.9957 30.8081 1.4004
    1/2010 824.5894 43.3994 19.2703 1.0142
    2/2010 654.7062 32.7353 17.0921 0.8546
    3/2010 756.0080 34.3640 18.3377 0.8335
    4/2010 1,121.6061 53.4098 22.4026 1.0668
    5/2010 771.0211 36.7153 15.8530 0.7549
    6/2010 587.0509 26.6841 10.7030 0.4865
    7/2010 609.7813 27.7173 12.1346 0.5516
    TOTAL 11,926.8499 46.7720 279.3077 1.0953
      Other
    8/2009 0.0000 0.0000 0.0000 0.0000
    9/2009 0.0000 0.0000 0.0000 0.0000
    10/2009 0.0000 0.0000 0.0000 0.0000
    11/2009 0.0000 0.0000 0.0000 0.0000
    12/2009 0.0000 0.0000 0.0000 0.0000
    1/2010 0.0000 0.0000 0.0000 0.0000
    2/2010 0.0000 0.0000 0.0000 0.0000
    3/2010 0.0000 0.0000 0.0000 0.0000
    4/2010 0.0000 0.0000 0.0000 0.0000
    5/2010 0.0000 0.0000 0.0000 0.0000
    6/2010 0.0000 0.0000 0.0000 0.0000
    7/2010 57.3755 2.6080 1.9891 0.0904
    TOTAL 57.3755 2.6080 1.9891 0.0904
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     5 Year Statistical Comparison
    Export table to MS Excel
      2006 2007 2008 2009 YTD 2010
    Number of Companies 182 155 1752 1785 1860
    Market Capitalization (US$*) 0 0 0 0 0
    Total Vol.-Stocks (US$*) 0.0101 3.6673 95.3594 44.3236 55.0187
    Total Vol.-Stocks (# Shares*) 0.0054 0.4138 31.5141 67.3927 604.9775
    Avg. Daily Vol.-Stocks (US$*) 0.0005 0.0146 0.3754 0.1738 0.3743
    Avg. Daily Vol.-Stocks (# Shares*) 0.0003 0.0016 0.1241 0.2643 4.1155
    Total Vol.-Bonds (US$*) 254.1413 4659.6965 9008.4389 14809.0222 5324.763
    Total Vol.-Bonds (# Shares*) 5.7458 105.5691 197.6256 388.5136 115.7933
    Avg. Daily Vol.-Bonds (US$*) 12.7071 18.4909 35.4663 58.0746 36.2229
    Avg. Daily Vol.-Bonds (# Shares*) 0.2873 0.4189 0.7781 1.5236 0.7877
    Total Vol.-Other (US$*) 0.0006 0 0 0 57.3755
    Total Vol.-Other(# Shares*) 0 0 0 0 1.9891
    Avg. Daily Vol.-Other (US$*) 0 0 0 0 2.608
    Avg. Daily Vol.-Other (# Shares*) 0 0 0 0 0.0904
    Monthly Avg. Turnover Ratio 0 0 0 0 0
    Index 108.37 117.64 119.03 121.04 133.55
    Currency/US$ 2150.46 2150 2200 2863 2974
     * in millions
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    Practices & Procedures
     Trading
    Days Stock Market (SM), Currency Market (CM) Furtures Market (FM) Monday-Friday
    Hours CM: 10-12:00
    FM: 14-16:00
    SM: GS(government securities: 9:30-15:45, NGS: 10:30-12:20
    Auctions (Ministry of Finance) 10:30-15:30, REPO Auctions 9:30-15:45; Simple Auctions 10:30-12:20
    Market segmentation Currency Market; Futures Market;
    SM: GS: GSTB (DGSTB) Interest GSTB (IGSTB), DGLTB, IGLTB
    NGS: equities, bonds, local bonds, bills of exchange
    System CM: Automated electronic system (AES) "Foreign Currency Trades"
    FM: AES "Futures Market Instruments Trades"
    SM: GS & NGS - AES "Exchange" depository and settlement system link data disemination
    Mechanisms CM: Fixing. FM: continuous double auction
    SM: GS: double continous auction, fixed price REPO, simple auction
    Market-maker/ Specialists SM: STB and GSTB market
    Instruments CM: USD, RUB, EUR, UAH, AUD, GBP, DKK, ISK, CAD, LVL, LTL, NOK, PLN, SEK, CHF, EEK, JPY
    FM: FSUSD, FSEUR, FSIR
    SM: GS: DGSTB, IGSTB, DGLTB, IGLTB, STB NB RB, Double continous auction
    NGS: Equities bonds locala bonds, bills of exchange, continous double auction
    Currency CM: Currency lot-foreign currency, adjoint currency-local currency (BYR)
    SM: Local currency (BYR)
    Real time information FM: Yes
    SM: Yes (total volum of funds and bonds reservations; characteristics of bids submitted to trading system withing the trade session; total turnover of (BYR)/ in items; trade turnover toward each quoted bond issue in Byr/in items; total number of transactions
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     Clearing & Settlement
    Central Depository SM: Yes
    Period SM: T+0
    FM: T+0
    CM: T+1
    Registered Data not available
    Settlement SM, FM, CM - Book Entry
    Clearing SM, FM ,CM - yes, netting
    DVP SM, FM, CM - yes
    Clearing Institution BCSE
    Risk Sharing SM: yes (money & securites reservation)
    FM: yes (margin providing)
    CM: yes (money reservations)
    Margin/Lending Data not available
    Custodians Banks, BCSE members, other professional participants having the licence on depository activity
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     Taxes
    Cash Dividends N/A
    Interest Income CM: within settlements with usage of transit accounts of the National Bank - 0.015 %, between trade participants - 0.005 %, with usage of republican and local budget funds - 0.0001 %.
    FM: 0.001% of transaction amount.
    SM: 0.0001% (for budget funds securities); 0.01% (before redemption transaction, for GS & SNB RB); 0.005% (before redemption transaction, for GS(L)TB & STB NB RB); 0.005% (for 1-3 days REPO); 0.01% (for more than 3 days REPO transactions).
    0.025% (for first level quotation list NGS, except bonds of legal entities);
    0.05% (for second level quotation list securities, except local executive authorities securities); 0.01% (for second level quotation list local executive authorities securities); 0.05% (for out-of-list securities).
    0.01% (for bonds transactions (legal entities), with settlement codes S-T+0, S-T+n, NS);
    0.005% (for 1-3 days REPO bonds transactions) with settlement code S-REPO); 0.01% (for more than 3 days REPO bonds transactions)
    Capital Gains N/A
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     Structure & Regulations
    Legal open joint stok company, legal entity
    Regulation self
    Securities market regulations BCSE
    Trading rules CM, FM ,SM: Exchange followed by the Superviosry Council approval
    Surveillance CM: National Bank
    FM: National Bank, Securities Department of the Ministry of Finance
    SM: Securities Department of the Ministry of Finance
    Corporate actions Data not available
    Trading halts regulations CM: stipulated by the Order of Foreign Currency Trades holding.
    FM: stipulated by the Order of Futures transactions holding.
    Investor protection Data not available
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     Foreign Participation
    Foreign investors Allowed in accordence with Belarusian legislation.
    Investment limitations Data not available
    Repatriation Data not available
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     Minimum Listing Requirements
      List A
    Minimum Paid-In Capital 1st Level Quotation List A Euro 10 mil
    2nd Level Quotation List A Euro 1 mil (Euro 10 mil for banks, Euro 5 mil for non banks)
    Years of Business Activity at least 3 for 1st Level Quotation List A
    at least 1 year for 2nd Level Quotation List A
    Minimum # of Shareholders At least 1000 (only for equities) for 1st Level Quotation List A
    At least 500 (only for equities) for 2nd Level Quotation List A
    Minimum Years of Positive Financial Results 2 years for 1st and 2nd Level Quotation List A
    # Prior Years Audited Financial Accounts 3 years for 1st and 2nd Level Quotation List A
    Special Requirements 1st Level Quoatation List A - one owner can not have more than 75% of stock
    Additional Special Requirements For all Listing Levels:
    -securities issued by Belarusian residents, shall be issued & registered in accordance with Belarusian legislation
    -seurities issued by non-residents shall be admitted to circulation in Belarus in accordance with Belarusian legislation
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  •  Contact Information
    Director Pavel Tsekhanovich
    tsekhanovich@bcse.by
    Address 48a, Surganova Str., 220013 Minsk, Belarus
    Telephone +375 17 209 41 03
    Fax +375 17 209 41 10
    Email office@bcse.by
    Contact Person Olga Blusson
    blusson@bcse.by
    +375 17 209 41 03
    +375 17 209 41 10
    Website http://www.bcse.by
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     Calendar of Holidays
    2010 Public Holidays for Belarus
    No data available
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     Market Capitalization & Index
    Export table to MS Excel
      Market Capitalization US$ Millions Index
    8/2009 0.0000 120.4500
    9/2009 0.0000 120.6800
    10/2009 0.0000 120.8100
    11/2009 0.0000 120.8800
    12/2009 0.0000 121.0400
    1/2010 0.0000 108.7300
    2/2010 0.0000 109.8600
    3/2010 0.0000 117.0000
    4/2010 0.0000 123.1200
    5/2010 0.0000 130.2900
    6/2010 0.0000 134.7500
    7/2010 0.0000 133.5500
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     Featured Charts

    Volume (US$ Millions)


    Index
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     Related Links
    Websites and pages of interest, related to Belarusian CSE. (Links will open in a separate window.)

    Ministry of Economy

    Ministry of Finance

    National Bank

    Official Belarus Export Information

    Securities Central Depository

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