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Strategic Priorities for Stock Exchanges in New EU Member States

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  • Camilleri, Silvio John

Abstract

This study discusses the strategic priorities and challenges for securities exchanges in new EU member states, with a special reference to the internationalisation of securities markets. The ways in which exchanges are responding to such challenges and other possible courses of action are identified. These concepts are then appraised in relation to the Malta Stock Exchange, one of the smallest exchanges of the new EU member states. The inherent size of this exchange reveals that the Malta Stock Exchange is somewhat insulated from the internationalisation process, yet future strategies must be well planned in order to ensure competitiveness and profitability.

Suggested Citation

  • Camilleri, Silvio John, 2006. "Strategic Priorities for Stock Exchanges in New EU Member States," MPRA Paper 62494, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:62494
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    Cited by:

    1. Camilleri, Silvio John & Falzon, Joseph, 2013. "The Challenges of Productivity Growth in the Small Island States of Europe: A Critical Look of Malta and Cyprus," MPRA Paper 62489, University Library of Munich, Germany.

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    More about this item

    Keywords

    Emerging Financial Markets; Stock Exchange Development; Malta Stock Exchange;
    All these keywords.

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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