Podgorica – Montenegrin commission for valuable papers was submitted a demand for issuing of a license to another broker house, Vole Street.
From the commission it was said that the demand was submitted by two physical persons from Budva, and that until now they have been approved to publish public offers of the stocks.
Soon a new broker dealer house World, whose founders are one physical person from Italy and one from Cacak, should start working soon.
In Montenegro at the moment there are 18 broker and 4 dealer houses. Broker dealer are Monte Adria, First Financial and Hypo. Dealer house can buy stocks, stock bonds, and other valuable papers in their name and for their own account, while brokers do that for clients.