Belarusian Currency and Stock Exchange

The Belarusian currency and stock exchange (BCSE) (Russian: Белорусская валютно-фондовая биржа) is a currency and stock exchange based in Belarus.

Belarusian Currency and Stock Exchange
Белорусская валютно-фондовая биржа
TypeOpen joint-stock company
Location48A Surganova Street, Minsk, Belarus
Founded20 July 1998 (1998 -07-20)
OwnerNational Bank of the Republic of Belarus
Key peopleAndrei Aukhimenia (President)
CurrencyBelarusian ruble (BYN)
Websitewww.bcse.by

History

The exchange was formed in 1998 in accordance with the Decree of the President of Belarus from 20th July 1998 №366 “On perfection of system of state regulation of the stock market”. The founders of the stock exchange were the National Bank of the Republic of Belarus (a controlling share holding), State Property Fund of the Ministry of Economics of the Republic of Belarus and a number of large banks of the Republic of Belarus. The Belarusian Currency and Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges.

Management

The supreme body of management of the Belarusian currency and stock exchange is the General meeting of shareholders. The structure of the BCSE shareholders, except for its founders, includes banks, broker/dealer subsidiaries of the republic, etc. The Management of the BCSE between the General meetings of shareholders is carried out by the Supervisory council.

BCSE carries out functions of organization of trades, function of the operator of settlement-clearing system, settlement depository, an information centre and also carries out registration of the transactions concluded on the over-the-counter market.

gollark: > “No! ElGr cells are a scientific miracle!” cries biologist Jack Ponta, jiggling a beaker full of purplish goop as he waves his arms in exasperation. “These cells have been a breakthrough; not only in testing cures for cancer, but also in understanding how cancer develops and functions! All these years later, these cells keep chugging along, outliving all the others! Who knows, with these cells, we might even one day unlock a path to immortality! Are you going to let bureaucracy get in the way of SCIENCE?”
gollark: > “We thought my poor grandmother’s remains had been buried in accordance with her wishes,” growls Elizabeth’s direct descendant, Catherine Gratwick. “Can’t you let her rest in peace? This is her body that you’re messing with. You can’t just irradiate and poison her; you must ask me first! How would you like it if your family’s remains were exhumed and mutilated? You must never use cells from deceased people without the explicit pre-mortem consent of the patient or their relatives. As for granny - I insist that all remaining samples of her be buried, and that you financially compensate her family for the pain and grief you have caused!”
gollark: > Two generations ago, scientists took a biopsy of a tumor from a cancer patient named Elizabeth Gratwick, who died soon after. Without her knowledge or consent, these cells were preserved in the laboratory and proved to be exceptionally stable in replication. As stable cancer cell lines are highly useful for medical research, “ElGr cells” have been sent to and used by scientists all over the world. However, objections are now being raised by Elizabeth’s descendants.
gollark: Now I need to answer a question!
gollark: And top 1% for crime.

References
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