Athens Exchange

Coordinates: 37°59′25″N 23°43′43″E / 37.99028°N 23.72861°E

Athens Exchange
Χρηματιστήριο Αθηνών
Type Stock Exchange
Location Athinon Avenue 110, Athens, Greece
Founded1876
OwnerHELEX Group
Key peopleIakovos Georganas (Chairman)
Socrates Lazaridis (CEO)
CurrencyEUR
No. of listings258
Websitewww.helex.gr

The Athens Stock Exchange or ASE or ATHEX (Greek: Χρηματιστήριο Αθηνών or ΧΑΑ) is a stock exchange located in Athens, Greece. There are five markets operating in ATHEX: regulated securities market, regulated derivatives market, Alternative market, carbon market (for EUAs) and OTC market.[1] In the regulated securities market investors can trade in stocks, bonds, ETFs and other related securities.

ATHEX has over 30 indices. The six main indices are: Composite Index (GD), FTSE/Athex Large Cap (FTSE , also known as FTSE 25), FTSE/Athex Mid Cap Index (FTSEM), FTSE/Athex Market Index (FTSEA), FTSE/ATHEX Global Traders Index Plus (FTSEGTI) and FTSE/ATHEX Factor-Weighted Index (FTSEMSFW).[2]

History

The building in Sofocleous Street that used to accommodate the Athens Exchange until 2007

The Athens Stock Exchange started trading in 1876. Its day to day running has been assigned to Hellenic Exchanges - Athens Stock Exhange S.A., whose shares are listed on the exhange (Athex: EXAE). The derivatives market started trading in August 1999. In 2002 the Athens Stock Exchange and the Athens Derivatives Exchange merged to form the Athens Stock Exchange.

Location

Until 2007, the exchange was located on Sofocleous Street, in the central business district of Athens. For this reason the Exchange and Sofocleous St became synonymous with each other. It is now located in its new headquarters at 110 Athinon Street, also called Kavalas Street. The exchange's trading hours are from 10:00am to 05:20pm Monday to Friday, and is closed on Saturdays, Sundays and holidays declared by the Exchange in advance.[3]

Companies

Companies listed on the exchange are regulated by the Hellenic Capital Market Commission.[4] The Securities Market has 244 stocks and the Alternative Market has 14 stocks (8 April 2015).[5] The 244 stocks of the Securities Market are divided into five categories: Main Market (145 stocks), Low Dispersion (11 stocks), Surveillance (38 stocks), Under Suspension (46 stocks) and Under Deletion (4 stocks).[5] For a list of the companies see: List of companies listed on the Athens Exchange .

Other information

The Bloomberg code for the Composite Index is ASE ; this index was launched on 31st January 1980.[6] [7]

References

  1. ↑ Athens Exchange Group: Markets
  2. ↑ Athens Exchange Group: Indices
  3. ↑ Market Hours, Athens Exchange via Wikinvest
  4. ↑ "ANNUAL REPORT 2009" (PDF). Hellenic Republic Capital Market Commission. Retrieved 2011-06-07.
  5. ↑ 5.0 5.1 Athens Exchange Group:Products:Stocks
  6. ↑ Overview of index GD (helex.gr)
  7. ↑ ASE:IND
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