BVB Council approves new financial instruments for trade

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The Bucharest Stock Exchange (BVB) Council has approved the extension of the offering of financial instruments traded on the BVB to include structured products.
Structured products are financial instruments that can be backed by a wide range of support assets (stock index, currency index, gold, oil, any commodity and combinations of financial assets and instruments).

As a rule, such instruments are issued by a financial institution the likes of investment bank under a prospectus and are adjusted to the risk profile of various investors according to the varied types of the products and the assets backing them.

The BVB Council also approved amendments of stock regulations concerning the rules for special term sales included in the BVB Code, in an attempt to increase efficiency and extend the procedure aimed at curtailing from three to one day the deadline for carrying out contracts backed by collaterals which object is any of the securities traded on the BVB.

BVB Council approves new financial instruments for trade
The Bucharest Stock Exchange (BVB) Council has approved the extension of the offering of financial instruments traded on the BVB to include structured products.
Structured products are financial instruments that can be backed by a wide range of support assets (stock index, currency index, gold, oil, any commodity and combinations of financial assets and instruments).

As a rule, such instruments are issued by a financial institution the likes of investment bank under a prospectus and are adjusted to the risk profile of various investors according to the varied types of the products and the assets backing them.

The BVB Council also approved amendments of stock regulations concerning the rules for special term sales included in the BVB Code, in an attempt to increase efficiency and extend the procedure aimed at curtailing from three to one day the deadline for carrying out contracts backed by collaterals which object is any of the securities traded on the BVB.

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