BSSE celebrates 35th anniversary

The Bratislava Stock Exchange celebrates 35 years since its establishment. During this time, it has executed trades totalling €312 billion.

35 years of the Bratislava Stock Exchange

The Bratislava Stock Exchange marks 35 years of its existence.

35 years
of the stock exchange in Slovakia
€312.5 bn
total trading volume
15 March 1991
official founding date
6 April 1993
first trade on the exchange

The Bratislava Stock Exchange marks the 35th anniversary of its establishment, representing an important milestone in the development of the Slovak capital market. The first trade was carried out with a bond issued by Všeobecná úverová banka. Throughout its history, the exchange has had only one female CEO, who served for thirteen years. Since its establishment in 1991, the exchange has become an important part of Slovakia’s financial infrastructure and has played a significant role in the transformation of the economy and the development of the capital market.

The Bratislava Stock Exchange was officially founded on 15 March 1991, when it was registered in the Business Register. The first simulated trading took place a few months later, in December 1991. A historic milestone occurred on 6 April 1993, when the first trade was executed – involving a bond issued by Všeobecná úverová banka (VUB).

From the start of trading in 1993 until the end of 2025, the total trading volume on the exchange exceeded €312 billion, specifically €312,455,313,672.

Throughout its history, the exchange has been led by eight chief executive officers who contributed to its development during different stages of the capital market’s evolution. During its 35-year history, the exchange has had only one female CEO Mária Hurajová, who also served the longest term, remaining in office for 13 years. Since 2021, the current CEO has been Lukáš Bonko.

Over the years, the exchange has gradually introduced new instruments, technological solutions and trading rules. Significant steps included the introduction of the Slovak stock index SAX in 1994, the launch of online trading, and later the implementation of European financial market legislation.

“The Slovak capital market has the potential to play a greater role in financing domestic companies. Our ambition is to create conditions for its further development and for broader participation of investors. A natural direction for the future is closer regional cooperation, stronger integration with the European capital market and the creation of opportunities for both issuers and investors.”

Lukáš Bonko
CEO of the Bratislava Stock Exchange

The exchange is a member of the Federation of European Securities Exchanges (FESE) and participates in a cooperation project involving eight exchanges under the auspices of the European Bank for Reconstruction and Development (EBRD). The initiative focuses on the development of capital markets in the region, deeper integration of market infrastructures and strengthening cooperation between European exchanges and central securities depositories.

The exchange is also part of the EuroCTP project and is among its shareholders. Its objective is to create a unified European consolidated tape that will improve the availability of price and trading volume data, increase market transparency and support more informed investment decision-making.

Looking ahead, it will be crucial for the Slovak capital market to strengthen its position within the single European market, build partnerships at the international level and represent the region’s voice within the European financial ecosystem.

Milestones in the History of BSSE

1990
decision to establish the Bratislava Stock Exchange
1991
establishment of the exchange and registration in the Business Register
1993
start of trading on the exchange
1994
introduction of the SAX equity index and launch of online trading
1996
introduction of the SDX bond index
2009
Slovakia adopts the EURO
2017
transition to a new trade settlement system within Target2-Securities
2018
implementation of MiFID II rules
2024
full membership in FESE
2024
signing of a memorandum on regional cooperation with the EBRD and Central European stock exchanges
2025
becoming a shareholder in EuroCTP, a provider of consolidated market data in Europe
2025
countries participating in the capital markets integration initiative signed a memorandum of cooperation

Interesting Facts About BSSE

First trade
was executed with a VUB bond
Only woman lead BSSE
Mária Hurajová
Longest-serving CEO
Mária Hurajová led the exchange for 13 years
First CEO
Zdenko G. Alexy, a world-renowned heraldist
8 CEOs
have led the exchange over the years
Stock Exchange Club
revival of expert discussion tradition in 2025

Galery

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