Raiffeisen Bank Romania (RBRO) has concluded an agreement with the Bucharest Clearing House regarding settlement bank operations fortransactions on BSEs derivatives market.
Bucharest Clearing House acts as a central counterparty and clearing house for the transactions concluded on the Derivatives Market administrated by the Bucharest Stock Exchange, which saw its first trades in derivatives in 2007.
Following the authorization, RBRO is now able to offer settlement services for intermediaries performing derivative transactions on BSE.