Budapest Stock Exchange
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The Budapest Stock Exchange is a relatively new stock exchange headquartered in Budapest, capital of Hungary.
It replaced the unofficial "Budapest Stock Exchange Index" used during the phases of transition from a socialist to a market economy. The exchange presently contains 20 stocks. To qualify for the index, a stock must comply with three out of five requirements. According to The Budapest Stock Index (BUX), these requirements include:
- A certain minimum face value of a stock
- A defined minimum price
- A minimum number of transactions
- A cumulated minimum turnover of 10% of the registered capital during the six months preceding the revision of the index
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