October 2023
3
services, and ancillary services.
Nikos Porfyris, the Chief Operating Officer, took the stage to provide a deep dive into the wide array of products and services offered by ATHEX. He expounded on regulated markets and products, including listing services, admission to trading services, and organized lending and borrowing markets. Nikos outlined the essential services related to securities, derivatives, and power markets. He also stressed the significance of transparency reporting from issuers and the pivotal role ATHEX plays in securities accounts.
As Director of the Listing Division, Peggy Papastavrou introduced the myriad benefits, markets, rules, and regulations pertaining to listing on the Athens Stock Exchange. She underscored the Exchange's commitment to providing a supportive environment and personalized assistance throughout the listing process. Peggy navigated through the listing requirements for the regulated market, highlighting key criteria such as shareholders' equity, profitability, free float, tax audit, corporate governance compliance, and the minimum value of shares offered.
Stepping into the domain of trading on ATHEX, Loukas Apostologlou, Head of Members & Network Management Unit, enlightened the participants on various aspects of regulated equities markets, derivatives markets, alternative markets, and multilateral trading facilities. He elucidated the ATHEX trading system, highlighting its order-driven market with the participation of market makers and the principles of anonymous trading. Additionally, Loukas shared key data on market making in ATHEX's equities and derivatives markets.
The stage was set for Theodoros Zarros, the Chief Technology Officer, to delve into the realm of technology. He underscored ATHEX's role as a technology provider for the Greek capital markets and beyond. Theodoros emphasized their state-of-the-art, zero-latency, zero-downtime IT infrastructure. Their journey through emerging technologies and the deployment of cloud services marked a significant leap forward. He also touched upon their provision of colocation services, making ATHEX a certified Trust Service