Montenegro Stock Exchange

As of 10 January 2011, it fully incorporated NEX Stock Exchange, also in Podgorica, forming a single Montenegrin capital market.

Following the adoption of the Law on Securities, pursuant to its terms, the Montenegro Stock Exchange was recapitalized through the issue of new shares.

In the period from 1994 to 2000,the Montenegro Stock Exchange traded mostly gyro money and short-term securities, as it was allowed by the existing legislation.

In this manner, following the adoption of the aforementioned Law, in Montenegro Stock Exchange are trading long-term debt and equity securities.

In this period, the activities on the Montenegro Stock Exchange were running very low (due to the failure to meet the legal requirements for trade in securities).