Luxembourg Stock Exchange

In the year 1927,the Luxembourg Stock Exchange was created. Since the time Luxembourg Stock Exchange was founded it has been successful in acquiring a particular ability of trading and listing in securities from an extended chain of areas. With more than four thousand issuers across 100 countries and more than eighty years of experience Luxembourg Stock Exchange copes with capital market players` demands through better services and outputs along with secure fast and flexible processes. The Luxembourg Stock Exchange entered into an understanding with Euronext in November 2000.

The broad listing opportunities are offered through two ways in Luxembourg stock Exchange . They are:

• The main market in the European Union list of regulated markets is the Main Regulated Market or Bourse de Luxembourg. A European passport is offered by Luxembourg Stock Exchange who looks to expand their chance for international investors.
• The Euro MTF market or the exchange-regulated market ,inaugurated in the year 2005 for those issuers who do not want European Union Passport and for those also who do not set up financial information according to IFRS or equal accounting standards.

No restrictions are applied on the security types to be listed on both the exchange regulated market and the main market. The issuers in accordance to their chosen market, just need to follow the requirements that it comprises of. Official responsibilities are applicable for listings in both markets.

Key features and requirements needed to get enlisted in Luxembourg Stock Exchange main market:

• A system of training along with a lasting execution place while trading. Transparency features for both pre and post trades for the securities enlisted in accordance with IFRS.
• Simple and easy method for offers of securities across the border.
• The prospectuses should be looked after by the CSSF.

Key features and requirements needed to get enlisted in Luxembourg Stock Exchange , exchange regulated market:

• Luxembourg Stock Exchange in association with MiFID directive operate MTF or Multilateral Trading Facility
• Conditions for listing are very much the same compared to the main market of Luxembourg Stock Exchange with same fees for listing.
• Trading systems are the same with a lasting execution venue keeping the pre-trade and post-trade transparency.
• The Luxembourg Stock Exchange has two stock indexes. They are:
• Luxembourg Stock Price Index is adjusted for normal transactions other than dividends.
• Luxembourg Stock Return Index is adjusted for payments in dividends and including the dividends that are paid to the current market.