BSE to introduce derivative trading on September 14

The Bucharest Stock Exchange (BSE) will start trading derivative financial instruments on September 14 and the first product of this type is the BET Index Futures contract, with BET, BSE’s benchmark index, as the underlying asset. “The start of the derivatives market is an event investors that want risk hedging instruments developed by the BSE to be added to the investment product range have been waiting for. This is a target included in BSE development strategy,” stated the general manager of the BSE, Stere Farmache. Market operations with derivative financial instruments can be carried out in the domestic currency or in foreign currencies and the Bucharest Stock Exchange Board will be the one to decide on the introduction or withdrawal of a derivative financial instrument on the derivatives market.