The OPCOM Stock Exchange will become independent and will provide sophisticated instruments, such as derivatives, told energynomics.ro sources in the market. Thus, OPCOM will have a central counterpart, established together with the Bucharest Stock Exchange, which will ensure the fluidity and liquidity of the transactions. As a matter of fact, the BSE has already initiated the procedure for setting up its own Central Counterpart entity, a fact mentioned in the euro adoption plan needed to secure derivative transactions.

„It’s a good idea, especially in conjunction with the idea of making a central counterpart with the Stock Exchange. It’s a good thing. The stock exchanges must always be independent – as a general principle,” commented Martin Moise, Vice-President of PATRES.

The BSE has already allocated 10 million euros to the new entity, which would manage offsetting of stock exchanges and allow for short sales or margin sales. The OPCOM market is currently subordinated to the network operator, Transelectrica.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.