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This article deals with an evaluation of the stock exchanges of the Central and Eastern Europe Stock Exchange Group (CEESEG), which comprises four stock exchanges. The individual stock exchanges of the CEESEG are characterized using the main stock indicators and we also compare their development and achievements. The stock exchanges are evaluated in terms of their market capitalization, liquidity and volatility. Correlation coefficients are used to express the dependence of the indices of the monitored stock exchanges with the Dow Jones Euro Stoxx 50, which is an important indicator of the European capital market. The obtained results complement the knowledge of this interesting segment of the European capital market and can be used by both retail and institutional investors. [ABSTRACT FROM AUTHOR]

One of many possibilities how to gain new resources for the economic development of the company is initial public offering (IPO). The initial public offerings help to strengthen the importance of the capital market and consequently also the economic development of a particular country. One of the most dynamic markets as regards the number of IPOs is considered to be the Polish capital market. The aim of the article is to determine general factors influencing the decision of the issuer to place its issue at a particular market, and then these factors will be applied to the Prague Stock Exchange and Warsaw Stock Exchange and we will analyse the reasons of the difference in the number of the IPOs performed. [ABSTRACT FROM AUTHOR]