Bucharest Stock Exchange Is Aligning Its Trading Program To The Ones Of Other Important European Stock Exchanges

Starting May 21, 2015, Bucharest Stock Exchange (BVB) will extend the trading program by 30 minutes, till 18:30, for shares, ETF and fund units markets, aligning in this way its’ trading hours with the ones of other important European stock exchanges.

The new trading program will be as it follows:

1.        For the Regular market:
a)        Trading model “continuous trading”

b)        Trading model „auction” – applied for shares

2.        For the Deal market:

Bucharest Stock Exchange, together with the market participants, Central Depository and other stakeholders of the Romanian capital market, successfully implemented during 2014 and 2015 ytd a series of market infrastructure updates. These changes have brought, among others, a new trading program, a radical upgrade of the post-trading area, by the implementation of the T+2 settlement cycle and the separation of the trading and post-trading systems, which ensured a real participation of the Central Depository in the European T2S project, as well as by the removal of any limitations as to the size of orders (removal of odd-lot segment), the introduction of new types of orders and of two settlement cycles, instead of one only.