BSE and Moldavia Stock Exchange (MSE) signed a protocol of technical assistance, to provide MSE access to BSE’s electronic trading platform Arena, in order to prepare the interconnection of the two markets, according to a Bucharest Stock Exchange (BSE) publication.
The protocol of technical assistance is the first step in providing MSE a license to operate the Arena stock exchange application. The implementation of the Arena trading system at MSE is the beginning of a close collaboration between the two stock exchanges, underlined Stere Farmache, General Manager of BSE.
In 2006, a bilateral agreement was signed by the two bourses in order to develop a common strategy for the benefit of the financial sectors within the two neighbouring countries.