Adrian Tanase, BVB: OPCOM intends to contribute by 20% of the capital of the future CCP

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OPCOM intends to contribute 20% of the capital of the future Central Counterpart, said Adrian Tanase, general manager of the Bucharest Stock Exchange, according to Financialintelligence.ro.

According to him, the CCP (project approved by BVB shareholders) will increase market liquidity, because it will allow the trading of derivative products: „The stock market has an inefficiency in functioning as a secondary market because of the lack of financial instruments. For derivatives, CCP is mandatory at European level.”

Adrian Tanase also said that it has a deadline by the end of the month to find shareholders for the CCP, up to a minimum capital of 16 million euros.

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