Muris Cicic, head of the supervising board of the Sarajevo Stock Exchange and Zlatan Dedic, general director of the bourse, signed in Vienna a memorandum of understanding with representatives of the Vienna Stock Exchange, ONASA reported. The memorandum foresees cooperation of the two bourses in the activities of trading with new bourse products, including the exchange of data demanded by institutional and small investors, the policy of licensing indexes and the joint set up of the market of derivatives for SASE, said SASE representatives.
The agreement includes wider market promotion for potential investors, as well as the exchange of experience on market supervision, listing of new traders and harmonization of standards of corporative management.