Stock Exchange Palace, Budapest

4.1
#564 of 1,069 in Things to do in Budapest
Budapest Stock Exchange is the 2nd largest stock exchange in Central and Eastern Europe by market capitalization and liquidity. It is located at 7 Liberty Square, Budapest, Hungary, in the central business district of the city, known as District V. Previously, from 1864, during the Austro-Hungarian Empire it was located in the Budapest Stock Exchange Palace building, until a large trading floor was necessary. The exchange is controlled by listed issuers, by Hungarian private investors and by the central bank. The BSE is member of the World Federation of Exchanges and the Federation of European Securities Exchanges. The Budapest Stock Exchange accounts for all the turnover in the Hungarian market and a large share of the Central and Eastern European market. In 2007, BSE agreed to move to abolish floor trading, the trading today takes place via the Xetra system, with redundant floor brokers taking on the role of market-makers. Xetra is the reference market for all exchange trading in Hungarian equities and exchange traded funds. The prices on Xetra serve as the basis for calculating the BUX, the best-known Hungarian share index. Xetra has 60 per cent market share throughout Europe with over 200 trading participants from 16 European countries, plus Hong Kong and the United Arab Emirates are connected via Xetra. Xetra trading at Budapest runs from 09:00 to 17:00 with closing auction from 17:00-17:05, and post-trading trading times until 17:20. BSE was introduced a pre market trading from 08:15 to 08:30 and an opening auction call from 08:30 to 09:00.
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Stock Exchange Palace Reviews
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4.3
TripAdvisor
  • Cheaper than anywhere else the stock Exchange Palace is a great place to exchange for a good price, even if you have asked for only 40 of the 100 lights.
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  • The stock exchange Palace stands St Stephen's Basilica and the Kossuth in the heart of downtown Budapest half-way between the Lajos Platz on the western edge of the freedom square. From the Metro station Arany Janus is you utca from walking in less than five minutes. The building was designed in 1905 by architect Ignác Alpár in the style of Historicism. After the exchange for the end of the second world war has been resolved, the State television channel came here under. Currently, the House in a commercial and office building will be converted. If it is even finished, it is certainly more attractive than it is now. The basic substance is definitely super.
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Google
  • Nice, well maintained park and building.
  • The Gedeon Richter plc. Trading here and the recent history of the drug in the new cariprazine drug. On average, it takes 12 years to develop a new pharmaceutical product, not all countries can do that. (Book on the subject: Dr. György Keseru: Chemistry of Medicine Research, academic publishing house, 2012.)
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