|Address||34-36 Carol I Boulevard, 14th Floor, Sector 2, Bucharest, 020922, Romania|
|Telephone||+40 21 307 95 02|
|Fax||+40 21 307 95 19|
|Contact Person|| Stefan Musgociu|
|FEAS Membership Status||Full Member: Joined FEAS in 2003|
The Bucharest Stock Exchange (BVB) is building competitive capital markets in the Central-Eastern Europe. We are providing financing opportunities for companies looking to raise funds on the Romanian capital market. BVB has witnessed an increasing flow of capital in the recent past, coming from retail and institutional investors, both national and international. The Romanian capital market has embarked on an ambitious development journey and the future growth perspectives are optimistic.
Bucharest Stock Exchange’s mission is to transform the capital market in an active financing tool of the Romanian economy.
BVB is aiming to shape one of the most comprehensive markets in Central-Eastern Europe by creating attractive opportunities both for companies and investors in a dynamic and transparent environment.
BVB will continue to offer its support to the successful closing of privatization process of the state owned companies, list new private companies and increase number of active investors. Key objectives are to transpose international best practices into the local market and to upgrade to the Emerging markets status.
|Regulator||Romanian Financal Supervisory Authority|
|Instrument List||Equity / Corporate Dept / Government Debt / Rights / Warrants / Fund Unites / Certificates|
|Trading Hours/Sessions||Pre-opening||09:45 – 10:00|
|Open||10:00 – 17:45|
|Pre-Closed||17:45 – 17:50|
|Trading at last||17:50 – 18:00|
|Order Types||Limit Order / Market Order / Unpriced Order / Hidden Order / Contingent Order / Cross Order / Stop Orders / If Touched Orders / IOC / FOK / Day Order / GTD / Open order|
|Margin Buying/Short Selling||Yes|
|Settlement Types||BIS Model 1 / BIS Model 2|
|Settlement Currency||RON / EUR|
|Clearing/Netting||Net & Gross Basis|
|Cross-border Transactions||4 dual listings through GDRs in London|
|Cross-border Links||Indirect links with 20 CSDsthrough Citybank NA London branch,|
Direct link with Clearstream banking SA Luxembourg
|Anti-money laundering Requirements||Based on law 129/2019 implementing the EU anti money laundering directive|
|IOSCO Membership||Yes (ordinary member)|
|Days||Monday / Tuesday / Wednesday / Thursday / Friday /|