Skip to main content

Budapest Stock Exchange (BSE)

posted onNovember 20, 2017

The Hungarian Stock Exchange, the ancestor of today’s Budapest Stock Exchange (BSE) started its operation on 18 January 1864 in Pest on the banks of the Danube. When the exchange was launched, there were 17 equities, one debenture, 11 foreign currencies and 9 bills of exchange listed. By the turn of the century, there were already 310 securities traded on the exchange; by the beginning of World War I, this increased to almost 500. The Hungarian Stock Exchange had been operating as one of Europe's leading exchanges for 80 years, however, in 1948 it was disbanded after the nationalizations.

The first official milestone in the history of the newly created Budapest Stock Exchange was the government’s decision to give green light for the preparation of the Securities Act of 1989. The draft bill was submitted to Parliament in January 1990 and came into force on 1 March. At the same time that the bill came into force on 21 June, 1990, the BSE held its statutory general meeting and the Exchange re-opened its doors.

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. In January, 2010, BSE became a member of the CEE Stock Exchange Group. On 20 November 2015 the Hungarian National Bank (Magyar Nemzeti Bank – MNB) concluded a sales contract with the Austrian CEESEG AG and Österreichische Kontrollbank AG, the entities that to date held a 68.8 per cent ownership in the Budapest Stock Exchange (BSE). With this transaction the MNB obtained controlling ownership in the national stock exchange. The BSE is member of the World Federation of Exchangesand the Federation of European Securities Exchanges.

The four main activities of the stock exchange:

‎Listing services
The BSE allows economic entities to acquire the financial resources required for their expansion in a cost-effective way. In addition, the BSE provides access to the dynamically growing assets of domestic institutional investors and to domestic investor savings. The exchange also provides investors with the simplest access to the global investor community.

‏Trading services
The BSE acts as the main platform to trade financial instruments. Currently, over 40 domestic and foreign broker companies take part in the exchange trading.

‎Dissemination of market information
The Exchange supplies real-time and accurate trading data of its listed securities and provides news services on issuers and section members. 

Product development
The BSE provides a trading opportunity for financial innovations, and offers a wide and constantly growing product range for investors on the futures and option markets. Index futures and options are calculated directly by the exchange. Investors seeking hedging opportunities or gearing can select from a wide array of individual stocks and currency, interest rate and commodity derivatives.

Phone: +36 1 429 6700 
Fax: +36 1 429 6800 
Postal address: H Budapest, P.O. Box 24.

line black 1300
line black 1300


By Newsroom

Kyoto is the iconic tourist spot of Japan and its best season is spring in April. All over the city clouds of beautiful cherry blossoms bloom and draw visitors from every corner of Japan and the world; every evening the trees are lit and give a truly enchanting display.  

By Newsroom

Sorrento, perched picturesquely on a plateau above the sea with spectacular views over the Bay of Naples, has been a popular tourist destination for almost two centuries. This beautiful seaside community makes a great base for visiting the Amalfi Coast, Capri and Pompeii. 

By Newsroom

April isn’t actually spring in Argentina — it’s fall. Which happens to be harvest season for the hundreds of vineyards that call Mendoza home. Every March through May, the region attracts more than 70,000 wine lovers to witness the gathering of the grapes in one of Argentina’s most prolific winemaking zones. 

By Newsroom

Maramures is probably the most wonderful hidden secret of Romania. Like walking into a fairy tale or stepping back into medieval Europe.  Maramures has the most UNESCO monuments in the country. But besides the monuments, you’ll love the welcoming people, scenery and gastronomy. 

By Newsroom

Madagascar, a huge island nation off the southeast coast of Africa, is home to thousands of animal species – like lemurs – found nowhere else, plus rainforests, beaches and reefs. Miles and miles of stunning coastline wrap around the island.  Turtles visit the beaches, dolphins and whales appear in its waters revelling in the crystal clear water of this wonderland. 

By Newsroom

With over 14 miles of idyllic beaches, a range of modern resorts and accommodations, excellent shopping, dining and nightlife, Cancun is one of Mexico`s most popular destinations and one which keeps visitors coming back again and again.

By Newsroom

The most popular island holiday destination in the Indonesian archipelago is home to an ancient culture that's known for its warm hospitality.Exotic temples and palaces set against stunning natural backdrops 


Kyoto, Japan: The cherry blossoms create one of the most spectacular spring sights in the city


Sorrento,Italy: Cobblestone streets, small, rocky beaches and picture-perfect views of Mount Vesuvius and Naples 


Mendoza, Argentina: Loved for its tree-lined streets, sunny days, Malbec wine and restaurants and spas


Maramures, Romania: Widely regarded as the country's most traditional region


Madagascar, Africa: One of the most jaw-dropping and fascinating wildlife hotspots


Cancun, Mexico: Surrounded by clear Caribbean waters it has much more to offer than its party-town reputation might suggest.


Bali, Indonesia: Stunning beaches, scenic rice paddies and deep sense of spirituality draw millions of foreign visitors