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ARTICLE · 28 NOVEMBER 1997

Czech News - October 1997 - Trading With Derivatives

Czech RepublicAccounting and Audit
During the first quarter of 1998 the RM syst‚m will operate a system for dealing with certain derivatives, prepared in co-operation with the Austrian Stock Exchange. A system for dealing with derivatives is also under preparation at the Prague Stock Exchange.

However, according to Stock Exchange dealers, the effect of trading with the derivatives is still not completely clear from the legal and tax point of view.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information on the above, please contact Mr Richard Fletcher by telephone on +420 2 2440 1300 or E-mail directly to [email protected]

You may also wish to read through related material on the Czech Republic provided by Arthur Andersen. You can view the entire archive via the Internet on Business Monitor Online (http://www.businessmonitor.co.uk), or via your online provider by entering "Arthur Andersen" and "Business Monitor" as a free text search.

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