Ljubljana electronic system for securities trade used at NEX Montenegro stock market will increase number of its buyers and it will provide more favorable price of stocks, has been estimated at today#s presentation of this institution. "Software that Ljubljana#s stock market will officially give to NEX Montenegro stock market on Friday will provide for clients to present their requests for trade form far-away locations, to automatically conclude transactions, to electronically go through reports on trade and send them. Brokers# firms CG, Monte Adria and Holder Broker,, which are members of the new stock market, will be electronically connected to the Central depositing agency (CDA) and they will be able to follow exchange of stocks for money in transactions they realized for their clients", said director of the New stock market Mladen Bojanic. He has emphasized that the electronic system is completely transparent and it means that it displays all the requests for purchase and sale of securities. The deal is finished when the request are paired and balancing of transaction, that is transfer of securities from the account of seller to the account of a buyer and transfer of money vie versa will be done by CDA in three days time. All the concluded deals with number of stocks and their price will be displayed at the computers# screens", he explained. "The new stock market enables for firms to get loan more favorable then the bank credit buy issuing debtors securities that is securities and commercial bills. We hope that even the government#s bills will soon find its place on NEX Montenegro", said Bojanic. He has announced that the broker#s firm ONYX broker cannot trade with stocks at this stock market since not being member of NEX Montenegro. Trade at this stock market is enabled exclusively for its members and concerning the fact that ONYX broker has not so far submitted the demand for becoming its member, it will not be provided for it to participate in stock market dealing", explained Bojanic. He has said that brokers# firms will pay 0,08% of the total value of a transaction to this stock market for the services provided. This stock market was established on 20 September last year while it obtained working license on 8 November. Its founders are brokers# firms CG, Holder and Monte Adria broker, privatization Funds Atlas Mont and MIG, Atlas and Montenegrin Commercial bank and the Business association of brokers.