Miroljub Ristic

• Provided strategic advisory to top-tier management, driving the development and execution of innovative capital markets solutions. Led the full-cycle migration to the OASIS trading platform, a transformative upgrade to Serbia’s national market infrastructure. Spearheaded the design and launch of new financial instruments, next-gen trading protocols, and modernized operational frameworks to enhance efficiency, transparency, and liquidity. Directed cross-functional efforts to align regulatory, institutional, and technological stakeholders, positioning the market for long-term growth and integration with global financial systems.

Oversaw all business segments of the Belgrade Stock Exchange during a highly challenging period, ensuring operational stability and strategic continuity.

• Led as Project Manager for the Serbia: IPO Go! Program, supported by the EBRD, focused on educating and preparing domestic companies for IPOs and capital raising through the stock exchange.
• Led as Project Manager for migration to the OASIS trading platform, a transformative upgrade to Serbia’s national market infrastructure
• Engaged in high-level policy dialogue with government officials, regulators, and key market stakeholders to promote capital market development and improve access to finance for Serbian companies and SMEs - which resulted in National Capital market development Strategy
• Developed and implemented strategic plans to achieve overall company objectives, resulting in improved market share and revenue growth.

Directed a team of four, overseeing daily operations, including planning, supervision, and coordination.

Conducted business and trading analysis to optimize performance and inform strategy.

Developed and implemented new trading rules, methods, and solutions to enhance efficiency.

Led testing and rollout of innovative trading systems and processes.

Managed new product launches, listings, index operations, data management, and dissemination.

Provided trading and surveillance support to ensure operational integrity.

Spearheaded marketing, PR, and educational initiatives for the Belgrade Stock Exchange.

Designed, produced, and delivered educational programs to elevate industry knowledge.

Main achievements:
- Introducing market maker functionality,
- Creation and implementation of trading model with circuit breakers,
- Vienna Stock exchange data dissemination agreement.
- Introduction of new types of trading orders (Iceberg, Immediate-Or-Cancel, Fill-Or-Kill)
- Recurring organization of the BELEX International panel conference and regional Investor conference which brought together top regional companies and institutional investors with AUM of 100 billion EUR.

Day to day operations of data dissemination, index calculation, reporting and regular presentation of exchange data to all stakeholders.

Main achievements:

- Leading role in designing the market structure, trading procedures, business analysis and QA process for the creation of new stock exchange trading system BELEXFIX.

- Leader of the team which produced the data reporting infrastructure within the exchange.

- Managed creation and operation of verification and testing procedures, which resulted in zero faults in trading due to software errors since implementation 15 years ago and no disruptions to trading due to trading mechanisms changes.

- Preparing research materials, statistical bulletins and ad-hoc reports for the local and international capital markets;

- Team leader in targeting, negotiating and finalizing the first ever official listings in Serbia.

- Leading role in international project of set up of the first internationally branded and tradable index family for sub Balkan (ex-yu) region - Dow Jones STOXX.

Market Surveillance Department’s role is to track trading patterns in order to discover and sanction market manipulation.

- Managing trading sessions and monitoring trading operations and their compliance with applicable legislation, reviewing of trading information and providing trading reports and bulletins to various parties.

- Reviewing BELEX regulation and providing appropriate recommendations.

- Undertaking necessary studies and reports to develop BELEX business rules.

- Operational index management - calculation monitoring, rebalancing, corporate actions processing, indices launching and termination;

- Product and process improvement - analysing business needs and requirements, preparing functional specifications

Main achievements:

I was solely responsible for the creation of: methodology, rules, calculation procedures and construction of first tradable stock market index in Serbia – BELEX15.