How BVB tries to increase liquidity on all markets
ACTMedia - 25 Mai 2011
The board of BVB approved the extension of the trading session by 15 minutes up to 16 :45 in the context where the North-American capital market represents the main reference on the international financial market. « As the last years revealed the increase of sensibility of the domestic stock exchange market to foreign factors, the board appreciated as appropriate the extension of the trading session at BVB to overlap the NYSE trading schedule. In this way, there is the possibility offered to investors in BVB to react to the opening of the North-American stock exchange.
The information coming from the North-American financial markets is today most important for all investors, including for those who are present on the capital market in Romania » the BVB press release says.
The board approved the new indicators for the Deal market which will come into force after the approval of the amendments to BVB code and approval by CNVM. These aim at the diminishing of the minimal limit for a Deal trading on Rasdaq at 100,000 lei or the minimal limit in the case of Deals-BVB depending on the average value on the respective symbol : 250,000 lei for average liquidity less than 1 million and 1 million lei for average liquidity over this level.
At the same time, a discount programme for intermediaries on the derivatives market was approved, as well as the reduction of the commission for tradings on shares for market-makers on derivaties or a list of tariffs for services and products furnished by BVB for dissemination of information.
On the ETF segement there will not taken taxes and commissions for the first six months since the ETF launching. At the same time, the council approved the admission to trading of the municipal bonds issued by the Timis county.
Sursa: http://www.actmedia.eu
Tags: market
trading
liquidity
bvb
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