Regulated market is a trading segment managed by the Zagreb Stock Exchange in which it is possible to trade listed instruments.
Transparency involves the submission of all the information stipulated by law and Exchange Rules concerning the issuer and the listed financial instruments which may affect the price of the respective instruments.
Regulated market is divided into the following segments:
- Prime Market
- Official Market
- Regular Market
Prime Market is the most demanding market segment with regard to the requirements set before the issuer, especially in relation to transparency. Regular Market commits the issuer to submit only a minimum of information stipulated by the Capital Market Act while the Exchange Rules stipulate additional requirements applicable to the Official and the Prime Market (more: Rules and regulations).
In addition, when listing instruments on the regulated market, it is generally necessary to prepare a Prospectus, aimed at providing the information which may be required for the purpose of instrument evaluation by investors.