You are here

GR expert has contacts with the CSE

12/09/2003 14:20
Greek stock exchange expert, Demetris Tsimbanoulis is currently having contacts with the CSE authorities to discuss the legislative framework that governs the operation of the three stock exchange markets: the Main, the Parallel and the Alternative.

The CSE’s main aim is to operate the three markets within the current year.

The Main Market will include high-criteria companies (capital adequacy etc), the Parallel will basically be the upgraded existing market and the Alternative will be joined by companies that fulfill ‘fewer criteria’. It is noted that the CSE aims at the creation of a Special Category for companies that are unable to deal with the criteria set by the CSE.