How the Romanian bourse would look like if it went beyond the stone age

Bourse brokers and operators have grown bored with waiting for the Romanian capital market to reach a development level that should allow them to introduce Romanian high-performing trading products and have been importing an ever rising number of foreign successful products that are easy to implement and that have immediately had the expected success with Romanian investors.

The absence of some instruments crucial for the development of the two Romanian bourses during this period, such as global accounts, margin trading and short selling, has pushed operators to develop a parallel capital market over the past year, which benefits from all the advantages of mature bourses and is made from products that already exist internationally.

The best example is that of the Dow Jones futures contract, which in less than a year from launch, has managed to become the most traded product on the Sibiu bourse (Sibex).

It is not only Sibex that has imported trading instruments, but the Bucharest Stock Exchange as well, which has this year launched structured products, urged by Erste and Raiffeisen brokers.