Foreign investors' brokers on top

The top two brokers among those most active on the Bucharest Stock Exchange in January were two companies known to work with institutional investors mainly.

ING Securities, the brokerage company of the financial group ING, handled 47 million euros in deals, accounting for 11% of the market, while Raiffeisen Capital & Investment, Raiffeisen Group’s brokerage firm ranked second with 7.3% market share and 30 million euros in trades. Actually the over 30% increase of the Stock Exchange since the beginning of the year was first all caused by the trades conducted by the foreign investment funds. Still, the most important thing about trades this year is that more and more individuals, both Romanian and foreign began investing on the Stock Exchange. The top performer among the brokers that work especially with Romanian investors was Cluj-Napoca-based SSIF Broker. It came out third, with over 28 million euros in trades and 6.8% market share. ZF