BURSA E PENTRU OAMENI and for this the Bucharest Stock Exchange (BVB) continues to bring solutions to stimulate retail investors to trade, and one of these solutions targets the reduction of trading fees.

Thus, starting from Monday, July 6, 2015, BVB introduces a new program for Market Makers meant to stimulate the trading activity. One of the most important component of this program is targeting to stimulate the clients of the Market Maker to execute more intraday trades on the shares on which their broker is Market Maker.

As part of the new program and as an incentive for stimulating the liquidity, the Market Makers could receive incentives for the trades carried out on their account, if they fulfill certain obligations regarding the buy and sell orders they placed.

The new program brings also a new approach regarding the Market Makers, so a broker can choose whether it will be a Classic Market Maker, or a Super Market Maker for a certain share. The Super Market Maker will place trading orders (buy/sell) for a bigger volume of shares and for a more extended period of time than the ones placed by the Classical Market Maker, and it will pay half of the trading fees applied to the Classic Market Maker.

The liquid shares of BET-XT index, as well as Erste Bank (EBS) and Ropharma (RPH) shares are the ones for which a broker can act as Market Maker, but if requested, BVB can include on the list other shares from BETPlus index. BVB will assess, after minimum 6 months, the program in order to adjust/ extend it accordingly.

Thus, through this new feature introduced by BVB, investors will find easier a counter party whether they want to buy, or sell shares for which there is a Market Maker.

More information about the new program and the parameters for Market Makers can be accessed on BVB's website.

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Bucharest Stock Exchange runs markets for shares, bonds and other instruments, through regulated platforms and alternative systems, and provides a wide range of services to participants of financial markets. Bucharest Stock Exchange is a public company, listed on its own market since 2010. For more information refer to www.bvb.ro.

For further information for media, please contact:
Stefan Musgociu, PR Specialist, +40.730.255.030, stefan.musgociu@bvb.ro

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