Luxembourg Stock Exchange

The Luxembourg Stock Exchange (French: Bourse de Luxembourg) is a stock exchange based in Luxembourg City, in southern Luxembourg.

The Exchange is located at 35A boulevard Joseph II. The Chairman of the Board is Frank Wagener and the President of the Executive Committee and Chief Executive Officer is Robert Scharfe.

The Exchange has pre-opening sessions from 07:15am to 09:00am and normal trading sessions from 09:00am to 05:35pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.

Bonds

It specialises primarily in the listing of international bonds, in which it is ranked first in Europe, with 26,684 debt securities listed on the Exchange as of 2013. The Luxembourg Stock Exchange was the first exchange to list a Eurobond, with the issue of Italian Autostrade bonds in 1963, and, to this day, Luxembourg has maintained a dominant position in European bond issues, with approximately 40% of all cross-border securities in Europe being listed in Luxembourg. Seventy countries list at least some of their sovereign debt in Luxembourg, whilst Luxembourg is also a market for debt from the EBRD, European Commission, European Investment Bank, and World Bank.

Stock exchange

A stock exchange or bourse is an exchange where stock brokers and traders can buy and/or sell stocks (also called shares), bonds, and other securities. Stock exchanges may also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets, with buyers and sellers consummating transactions at a central location, such as the floor of the exchange.

To be able to trade a security on a certain stock exchange, it must be listed there. Usually, there is a central location at least for record keeping, but trade is increasingly less linked to such a physical place, as modern markets use electronic networks, which gives them advantages of increased speed and reduced cost of transactions. Trade on an exchange is restricted to brokers who are members of the exchange. In recent years, various other trading venues, such as electronic communication networks, alternative trading systems and "dark pools" have taken much of the trading activity away from traditional stock exchanges.

Luxembourg

Coordinates: 49°45′N 6°10′E / 49.750°N 6.167°E / 49.750; 6.167

Luxembourg ⁱ/ˈlʌksəmbɜːrɡ/ (Luxembourgish: Lëtzebuerg; German: Luxemburg), officially the Grand Duchy of Luxembourg, is a landlocked country in western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France to the south. It comprises two principal regions: the Oesling in the north as part of the Ardennes massif, and the Gutland ("good country") in the south. With an area of 2,586 square kilometres (998 sq mi), it is one of the smallest sovereign states in Europe (about the same size as the English county of Northamptonshire). Luxembourg had a population of 524,853 in October 2012, ranking it the 8th least-populous country in Europe.

As a representative democracy with a constitutional monarch, it is headed by a grand duke, Henri, Grand Duke of Luxembourg, and is the world's only remaining grand duchy. Luxembourg is a developed country, with an advanced economy and the world's highest GDP (PPP) per capita, according to the United Nations in 2014. Its central location has historically made it of great strategic importance to numerous powers, dating back to its founding as a Roman fortress, its hosting of a vital Frankish castle during the Early Middle Ages, and its role as a bastion for the Spanish Road between the 16th and 17th centuries.

Green Exchange

The Green Exchange is a sustainable and green retail and office development project in the Logan Square community area of Chicago, Illinois that is designed to house eco-friendly businesses and organizations. Developers of the building have been awarded LEED Platinum status for their rehabilitation of a historic landmark four-story manufacturing facility originally built in 1914. The retail and office space is open to the public and is intended to serve as an important Midwest destination for green consumers.

History

Green Exchange occupies the former Frederick Cooper Lamp Company building, built in 1914, and originally home to the Vassar Swiss Underwear Company. Cooper bought the building in 1967 and in 2005, relocated to China. In 2004, Cooper announced it was closing down the factory in Chicago. In order to keep the building from being turned into condominiums, the Logan Square Neighborhood Association (LSNA), a grass-roots community organization, organized neighbors, veteran Cooper workers, and the U.S. Green Building Council to form the Cooper Lamps Task Force. As Cooper began to lay off workers during the summer of 2005, the Task Force negotiated for severance benefits from the owners and applied for enhanced job-training from the city. With the support of 1st Ward Alderman Manuel Flores for a jobs-focused use for the plant, the building was sold to Baum Development, LLC, a triple bottom line commercial developer who agreed to pursue a use for the building that would create jobs.

Exchange

Exchange may refer to:

Places

Business and economy