The Bucharest Stock Exchange (BSE) was authorised by the Romanian National Securities Commission (RNSC) to establish a derivatives market.
The National Company for Clearing, Settlement and Depository (NCCSD) also was authorised to establish the Bucharest Clearing House (BCH).
“RNSC decisions successfully fulfilled our team of specialists’ effort to bring BSE to a new level of development, very important for the European capital market integration,” says Stere Farmache, general manager of the Bucharest Stock Exchange. “Establishing the derivatives market represents a target assumed through the Bucharest Stock Exchange strategy of development and an event that investors were waiting for in order to diversify the range of investment products of Bucharest Stock Exchange with risk covering instruments.”