Member Exchanges

Ljubljana Stock Exchange

www.ljse.si  
Tel : 386.1 471 0211
Fax : 386.1 471 0213

 

Representatives

President of the Management Board : Mr. Heinrich Schaller

Member of the Management Board : Mr. Andrej Sketa

  • * - Half trading day (Short trading day)   |
  • ** - To replace a public holiday that falls on a Sunday   |
  • *** - Close early   |
  • **** - Will close at 1.00pm
  • ο - Subject to the appearence of the moon   |
  • † - Subject to change   |
  • (I) - Weekends in Iran : Every Thursday & Friday
  • (II) - Weekends in Israel : Every Friday & Saturday   |
  • (III) - In Malaysia, Saturday & Sunday are non-trading days

Types of Securities TradedName of Trading Systems (cash and derivatives)Trading Hours
Bonds
Government
Bank
Corporate		BTS (order-driven, screen based, remote electronic trading system, continuous trading, auction trading, block trading)

Regular trading on BTS : 9.30-13.00

Shares Block trading on BTS : 8:00 - 15:00
Close-end funds  
Open-end funds  

ETFs

Treasury bills

  

Supervisory Body

ATVP (Securities Market Agency)

Name of Clearing & Settlement Organization

KDD (Central Securities Clearing Corporation)

Settlement Cycle

Regular trading on BTS : T+2
Block trading on BTS : from zero to three business days following the execution of the trade
 

Name of Central Securities Depository

KDD (Central Securities Clearing Corporation)

Commissions on Transactions levied by Exchange

Shares and certificates 0.03% -  0.08% (depending on the group for the payment of the minimum monthly fee) 
Bonds 0.03%

Short-term Securites 0.002%

Open-end Funds 0.015%-0.04% (depending on the group for the payment of the minimum monthly fee)
The maximum buyer as well as seller fees for a single trade is EUR 100.

Taxes on Dividends, Interests

Individuals:
-dividends and interest rates: 20% witholding tax
-capital gain: 20% witholding tax, 15% if security is held more than 5 years, 10% if held more than 10 years,
5% if held more than 15 years and 0% if held more than 20 years

Corporations:
-taxable as other revenues: in 2008 the tax rate is 22% and will fall to 20% by 2010 
-no witholding tax

2008 Share ownership thresholds (%)

When share capital higher than EUR 4.000.000 or number of shareholders above 250:
When bidder alone or with the persons acting in concert reach 25% of the voting rights of a particular issuer,
he is obliged to make a public takeover bid for purchase of the rest of the shares. After the previous takeover
bid was successfully terminated the bidder is also obliged to give takover bid for every consecutive 10% of voting rights.
The obligation to give takeover bid terminates, when bidder, who already carried out a successful takeover bid,
acquires at least 75% of the voting rights of a particular issuer.

Short selling (Yes / No)

No

Short selling conditions (if any)

Only possible in the timeframe required for settlement (T+2)