RBS Bank (Romania) SA was granted the Market Maker status for the EUR/RON Futures contract traded on the BVB Derivatives Market. RBS Bank (Romania) SA is the first credit institution authorized as a Market Maker on a currency futures contract listed on the Romanian capital market.
Furthermore, the credit institution was authorized by the Bucharest Clearing House (CCB) to act as an individual clearing member and settlement bank, thus making RBS Bank (Romania) SA the first credit institution to carry out operations involving financial derivatives in the Clearing- Settlement System operated by CCB.
The date when RBS Bank (Romania) SA starts operating as a Market Maker on the Derivatives Market will be announced shortly. On this date, the Derivatives Market Makers Offer: 20% – 30% will come into force, offering market makers registered on currency futures discounts of 20% and 30% to the monthly invoice payable to BVB for Spot Market transactions.
L.D.