On 15th June 2016 the General Assembly of the Federation of European Securities Exchanges (FESE) unanimously approved the application of Budapest Stock Exchange to become a Full Member. The Membership will commence as of 1st July 2016.

Richárd Végh, CEO of the Budapest Stock Exchange, said: “The Budapest Stock Exchange is honoured to become a Full Member of the Federation of European Securities Exchanges again. I would like to thank the FESE General Assembly for their positive vote. We have been a Member of FESE for a number of years, more recently under the CEESEG umbrella, re-joining FESE as a separate entity was one of our key priorities as we fully appreciate the value it brings to our organisation

Speaking on behalf of FESE Members, Deirdre Somers, President of FESE, said: “we are delighted to welcome the Budapest Stock Exchange as a Full Member of our Association again. I strongly believe that the Budapest Stock Exchange will as always provide a valuable contribution to our organisation’.

The FESE General Assembly also unanimously agreed the appointment of Mr Lauri Rosendahl and Mr Petr Koblic to the FESE Board for a term of 3 years (until June 2019).

Read the full press release here.