Alpha Finance on top

Alpha Finance, Alpha Bank’s brokerage firm, topped the brokers’ ranking last month, leaving the usual leading brokerage firms behind. The massive transactions involving Petromidia’s shares on the Bucharest Stock Exchange last month, which had Alpha Finance as the broker of the main seller, are the reason for this ranking. The company brokered the sale of 8% in Petromidia, held by another entity in the group, Rompetrol Bucharest. Petromidia becoming available for trading did not result in a change at the top position, though. The second most important Petromidia seller was SIF Transilvania, which had retained Brasov-based Actinvest as broker. That company was ranking fifth last month due to its 268bn ROL transactions and 11th in this year’s ranking. ZF