Category: ALSE News

Photo of Artan Gjergji and Ludwig Nießen signing the contract.

Vienna/Tirana, 17 June 2019

The Albanian Securities Exchange and the Vienna Stock Exchange have signed a market data cooperation agreement. Financial information providers, so-called data vendors, can access market data from Albania via the Vienna Stock Exchange’s central data feed. Market data from Albania can potentially reach more than 18,000 end users in about 60 countries in real-time. The one-stop shop solution reduces the administrative, legal and IT work for clients to a minimum. The Vienna Stock Exchange globally disseminates data from 11 markets on one feed: Updates on securities from Albania, Austria, Bosnia and Herzegovina, Croatia, Czech Republic, Hungary, Kazakhstan, North Macedonia, Serbia and Slovenia, as well as trading data of the Energy Exchange Austria (EXAA).

“With the support of Swiss SECO and World Bank, Albania has drafted new investment and capital market laws to bring the Albanian legislation in line with EU directives. In addition, the Bank of Albania and the Albanian Financial Supervisory Authority are working on jointly licensing and supervising the central depository on nongovernment securities, which is expected to give a strong push to trading in Albania. Joining Vienna Stock Exchange’s established data feed will be a big asset to building more trust in the domestic market and help the promotion of Albania’s stock market within Europe,” says Artan Gjergji, CEO of the Albanian Securities Exchange. “Our cooperation with the Albanian Securities Exchange demonstrates how two stock exchanges can benefit from each others strengths and possibilities. We are proudly sharing our knowledge and technology to help amplify the international visibility and the further alignment to EU standards of an important market in the Balkan region,” says Ludwig Nießen, COO & CTO of the Vienna Stock Exchange.

To read the Vienan Stock Exchange press release, click here

About the Albanian Securities Exchange

“Albanian Securities Exchange” (ALSE) is the only securities exchange currently operating in Albania. It started as an ambitious project in 2014, financially supported by domestic banks and financial institutions, to succeed with the license from the Albanian Financial Supervisory Authority in July 2017. ALSE is a classic organized market for securities in Albania, which officially opened doors for trading in February 2018, offering market professionals a fully automated electronic trading platform. Today, instruments traded on the ALSE cover all classes of securities except for derivatives. The mission of Albanian Securities Exchange is to provide an efficient and transparent exchange market with fair pricing mechanisms, which will enable Albanian companies to raise capital and contribute to the development of the Albanian economy.

For more information about Market Data on 13.06.2019 click

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For more information about Reported Transaction (OTC) on 12.06.2019 click

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For more information about Market Data on 06.06.2019 click

On May 5^th, 2019, an open lecture with the topic on “Financial Markets and the Albanian Securities Exchange (ALSE)” was held at the premises of at Economic Faculty of Tirana University. Present at this event were the students and academic staff of the university’s Economic Faculty.

The ALSE’s Chief Executive Officer, Mr. Artan Gjergji made a presentation of the ways of organization and operation of the money & capital markets, as well as stock exchange including the financial instruments traded there. Furthermore, Mr. Gjergji gave detailed information to the students regarding to market operators together with the means to be used by investors interested to invest on the Exchange.

At the end of the open lecture, a Memorandum of Understanding (MoU) was signed between Mr. Artan Gjergji and the Dean of Economic Faculty at Tirana University. Prof. Dr. Dhori Kule. This MoU gives an opportunity to the students for internships, mutual open lectures as well as on the enrichment of FEUT’s library with the Albanian Securities Exchange’s publications.

Such activities have been part of the top priority work Albanian Securities Exchange is doing to raise the public awareness towards financial education and securities industry, with a special focus on economic faculty students at domestic public and private universities.

For more information about Reported Transaction (OTC) on 03.06.2019 click

For more information about Market Data on 30.05.2019 click
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On 30^th of May, 2019, Albanian Securities Exchange held for the first time, with senior students of New York High School Tirana, an open lecture regarding the capital market and stock exchange. Through this activity, ALSE aims to further increase financial education by including also the senior students of high schools, as part of educational curriculum regarding the basis of economy.
During this lecture, ALSE’s experts explained to students the basic concepts of investment, securities, demand and supply of funds, financial intermediaries and the stock exchange.
Starting from the interest shown in this lecture, ALSE has as objective to expand more the collaboration with public and private high schools, in the framework of financial education in Albania.

For more information about Reported Transaction (OTC) on 29.05.2019 click

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