Stock Exchanges
Official Website: Prague Stock Exchange (PSE)
Efforts to create a stock exchange date back to the reign of the Empress Maria Theresa but success was not achieved until 1871. Initially, both securities and commodities were traded at the Prague Exchange. It enjoyed great success in the sugar trade, becoming a key market for the whole Austro-Hungarian Empire.
After World War I, commodity trading declined, so only securities were traded. For the Prague Exchange, the interwar period became the era of its greatest boom. The Prague Exchange even surpassed the Vienna Exchange in importance. This period of prosperity was interrupted by the arrival of World War II, bringing an end to trading at the Prague Exchange for more than 60 years.
After the fall of Communism, the desire to reopen the exchange awakened. With the first trades made on the floor of the renewed exchange on April 6, 1993, the Prague Stock Exchange began its modern history.
