11 Martie 2009
RBS could be the first BSEs marketmaker for EUR/RON currency pair
Bucharest Stock Exchange board today announced that RBS Romania will serve as participant to derivative market it runs, reads the press release remitted by the institution. The bank plans to receive the status of official market maker for derivate EUR/RON currency pair at BSE.
If the stock exchange’s board will reach a consensus, Royal Bank of Scotland would be the first marketmaker in derivative segment at BSE, and the first for a currency pair. Broker Cluj and WBS are the only companies that serve as marketmakers for DESNP symbol and DEEBS respectively at Sibiu, both contracts due in March this year.
RBS Romania started its trading activity as participant in Bucharest Stock Exchange earlier this month. The institution has previously received the approval from Central Depositary for participant status in clearing-settlement and RoClear registry system.
Moreover, BSE council has assigned some 9,625 BSE preferred stocks, namely 0.1254% of the stock market’s share capital, to its 22 new stockholders.