The Albanian Financial Supervisory Authority (FSA) has issued a license to the first privately owned securities exchange in Albania, expected to start operating in the fall of 2017.
The main activities of the securities exchange will be: trading bonds, securities and other financial instruments, the implementation of a multilateral trading platform, as well as education, promotion and providing information to interested groups.
During the first year of operation, the transactions will be focused on trading government securities, as well as trading stocks of companies that emerged from Albania’s privatization processes.
The Albanian Securities Exchange will enable companies, Government and Local Government to get access to international financing mechanisms, supported by technology and human expertise. Transparency and better corporate governance will be required from the participating parties.