Jump to content

Commodity Exchange Bratislava

From Wikipedia, the free encyclopedia
Commodity Exchange Bratislava, JSC
TypeJoint stock company
LocationBratislava, Slovakia
FoundedDecember 8, 1992; 31 years ago (December 8, 1992)
Key peopleĽudovít Scholtz (President of the Exchange Chamber)
CommoditiesEmissions, agricultural and diamonds
Websitewww.kbb.sk

Commodity Exchange Bratislava (CEB) (Slovak: Komoditná burza Bratislava, a.s. (KBB) is a Slovakian commodities exchange that is the only commodity market for trading commodities in Slovakia. The exchange is based in Bratislava.

Primary markets on the exchange are emissions trading, agricultural trading and diamond trading. CEB was the first exchange that has started non-stop online trading and clearing.

History

[edit]

Commodity Exchange Bratislava was formerly known as BMKB, then BCE until it was renamed as CEB. It was established in accordance of the Ministry of Economy of the Slovak Republic in 1992.

Web services

[edit]

Commodity Exchange Bratislava runs project EUAMarket.com.[1] Traders can use algorithmic trading on the exchange using web services using a dedicated programming language or via API.[2]

Security

[edit]

CEB uses several guarantee systems, and settling company to provide additional security.

  • Guarantee system 1 - collateral 2% of the contract value
  • Guarantee system 2 - full payment or delivery before an order
  • OTC market - no guarantees, only contact information is exchanged

Settlement

[edit]

A dedicated settlement company provides additional security as two independent companies are required to sign the outgoing transaction. The settling company at CEB is LINNA.[3]

References

[edit]
  1. ^ "Commodity Exchange Bratislava". Archived from the original on 2012-02-22. Retrieved 2010-01-23.
  2. ^ "EUAMarket Web services - CEB - knowledge base". en.wiki.kbb.sk. Archived from the original on 2 March 2012. Retrieved 22 May 2022.
  3. ^ "Extract from the Business Register the Slovak Republic".
[edit]