Prague Stock Exchange (PSE) is the largest and oldest organizer of the securities market in the Czech Republic. After a fifty-year break caused by World War II and the Communist regime, it was reopened in 1993. It resumed the activities
of the Prague Commodities and Stock Exchange founded in 1871.
Trading on PSE is conducted via licensed securities traders who are also the Exchange members. These are primarily the major banks and brokerages. If a common investor decides to invest in the Exchange, he/she needs to contact one of the
PSE and its subsidiaries form the PX Group. In addition to the Exchange, the most important members in the Group are POWER EXCHANGE CENTRAL EUROPE (PXE) and Central Securities Depository Prague (CSD Prague). Established in 2007, PXEoffers trading in Czech, Slovak, Hungarian, Polish and Romanian electricity and operates the CEGH Czech Gas Futures Market in cooperation with the Austrian Central European Gas Hub AG (CEGH). PXE also offers end consumers the opportunity to find the best electricity supplier by means of electronic auctions. CSD Prague, which has a dominant position in the area of settlement of securities trades on the Czech capital market, keeps the central register of dematerialised securities issued in the Czech Republic and allocates an international identifier (Legal Entity Identifier – LEI, initially pre-LEI) to legal entities and international security identifying numbers (ISIN) to investment instruments.
PSE is a member in the CEESEG, which also includes Vienna Stock Exchange (Wiener Börse).
PSE is a member of the Federation of European Securities Exchanges (FESE), and the US Securities and Exchange Commission (US SEC) included PSE on its list of exchanges safe for investors by granting it the status of “Designated Offshore Securities Market”.