Which instruments and in which period can securities be traded on the Banja Luka Stock Exchange?

On the Banja Luka Stock Exchange, you can trade a multitude of financial instruments, such as the highest quality stocks issued by issuers such as Telekom Srpske a.d. Banja Luka, companies from the Electric Power Industry of the Republic of Srpska, Banja Vrućica a.d. Teslić, Boksit a.d. Milići, share-units of open-end investment funds, government, municipal and corporate debt instruments, etc.

These financial instruments are traded every working day within the official market, in the period of regular trading from 09:30 to 13:00.

Financial instruments that do not meet the conditions for listing on the official exchange market are traded every working day at 12:00, or at 13:00 if the price deviation from the last price is more or less than 3.00% (+/- 3, 00%).

Securities of issuers that are late with financial reporting are traded every Thursday, while securities of issuers that are in bankruptcy proceedings are traded exclusively on Fridays.

What is the best way to trade in relation to the amount of commission I pay?

Take advantage of the opportunity to trade with the lowest commissions by using the eTrader and mTrader electronic trading platforms, which allow you 24-hour access to all information regarding your portfolio, real-time market conditions, review of executed and unexecuted orders and more.

The fee for electronic trading is significantly lower compared to other trading methods and amounts to 0.40% (minimum 5 KM). To this commission are added the commissions of the Central Securities Depository (which currently amounts to 0.015%) and the commission of the Banja Luka Stock Exchange (which currently amounts to 0.10% for shares and 0.02% for bonds).

If you want to actively trade on the Banja Luka Stock Exchange, you will definitely need real-time market insight. Fees for this service are:

Legal Entities

Individuals

What type of documentation do I need for opening a trading account?

If you are an individual, you need the following documentation:

• Copy of identification document and
• Bank account confirmation

If the purchase and sale of financial instruments is done through a proxy, it is necessary to submit a certified power of attorney. You can download the power of attorney form here

If you are a domestic legal entity, it is necessary to provide us with the following documentation:

• a copy of the decision on entry in the court register
• a copy of the report of the Statistical Office containing the applicants identification number (Statistics)
• a copy of the contract on opening a business account in the bank (or state the number of the account in the bank on the memorandum)
• a photocopy of a valid identity card of an authorized representative (director or persons listed as authorized persons in the court decision)
• state the exact information of the company: address, telephone numbers, fax number, email,
• state the address, fathers name and contact telephone number of the person authorized to represent

If you are a foreign legal entity, it is necessary to provide us with the following documentation:

• a copy of the decision on entry in the court or other register of business entities (certified by the competent authority of that state)
• copy of the report of the Statistical Office (if any)
• a copy of the contract on maintaining a business account in the bank
• a certified photocopy of a valid passport of the person authorized to represent
• list the exact information of the company: address, telephone numbers, fax number, email,
• state the address and contact telephone number of the person authorized to represent.

If the mentioned documentation is not in one of the official languages ​​used in Bosnia and Herzegovina, a translation of the same is necessary.

For more information on segments and trading methods, as well as the types of orders that can be issued on the Banja Luka Stock Exchange, click here