The Sarajevo Stock Exchange or SASE (Bosnian: Sarajevska berza) is a stock exchange which operates in Sarajevo, Bosnia and Herzegovina. The Sarajevo Stock Exchange (SASE) was founded on 13 September 2001 and commenced trading on 12 April 2002, as a central marketplace for trading in securities in the Federation of Bosnia and Herzegovina, which together with Republika Srpska, makes up the post-war Bosnia and Herzegovina. The SASE was founded as a joint-stock company. It had eight founding members. According to the Securities Law, SASE members can only be legal entities - brokerage houses whose sole activity is trading in securities, with headquarters in Bosnia and Herzegovina. The founding capital of the exchange was BAM 200.000 (1 BAM = 0.51 €). More information...
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