Equity and ING brokers on top

The deals whereby US-based investment fund QVT Fund took over more than 10% in Asirom decided the top two companies in the ranking of RASDAQ brokers in November. The top spot in the ranking went to Equity Invest brokerage firm, with 12 million euros in traded volume. Equity brokered the deal for businessman Tiberiu Bica Postelnicu, who sold more than 10% in Asirom for which he collected 9.5 million euros. The broker of QVT Fund, the buyer of the 10% stake, was ING Securities, according to information the market, which came out second in the ranking with 9.7 million euros in total transactions. “The better part of the volume in November is, indeed, due to the transactions brokered for businessman Tiberiu Postelnicu, whereby he sold (shares) in Asirom,” stated Gabriel Gheorghe, Equity Invest deputy general manager. The Asirom transactions enabled Equity Invest to make a spectacular leap compared with October, when they occupied the fourteenth place, with a 1.8% market share. ZF