It prepared the regulatory framework and internal rules and regulations and consequently achieved new results. The development of the Exchange enabled the building of the Exchange own offices, as it needed modern working conditions, adequate premises, new technical possibilities, modern means of communication, laboratories, functioning of the Exchange court, etc. In 1934, the Exchange moved into the new building on the King's Square no. 13. The turnover increased, the business results were better, each day the Exchange was visited by 100–150 persons and the quotations were printed in 1000 copies, in three languages. This was the most intensive period until the great world crisis, which affected the Serbian economy as well. In the last days of the Exchange existence, Prime Minister of the Government of the Kingdom of Yugoslavia, university professor Milan Stojadinović, was appointed President of the Exchange. One of the last meetings of the Exchange board of directors was held on 28. March 1941. The Exchange lasted until 1953, when it was formally abolished by the Decision of the Presidium of the Serbian government. A number of famous traders, bankers and members of the Exchange disappeared during the war, or were convicted either as enemies of the regime or simply as unwanted persons. Thus the Exchange lost the people who had founded it and enabled its work. Many of them were deprived of their property and a large part of documentation and material from the old Exchange building was destroyed. With a change in the general climate and the beginning of the economic reforms, after adoption of the Law on the capital market in 1989, the Founding Assembly of the Yugoslav Capital Market, established by 32 biggest banks from the territory of former Yugoslavia, was held. In 1992, the Yugoslav Capital Market changed its name to the Belgrade Stock Exchange. In the 1990s, the trading material mostly consisted of debt instruments of companies, government bonds and the like. Although the first share trade was carried out in 1991 (companies Sintelon and Auto kuća Kikinda), it was only in 2000 that a significant step forward was made, when shares from the previous privatization processes were included in secondary trading. In 1996, the Belgrade Stock Exchange traded in commodity-commercial notes of the Commodity Reserves with the underlying in corn, maize, sugar and oil, while the first municipal bonds were traded on the Exchange in 2000, as well as the first