Warsaw Stock Exchange has became a shareholder in the Romanian monetary and derivatives exchange Bursa Monetar Financiara si de Marfuri in Sibiu (BMFMS).
Teodor Ancuta, chairman of BMFMS, said that he believes the partnership will allow the Romanian exchange to fulfil its ambitions. We were looking for and we found a reliable partner that could help us to expand our activities, said Ancuta. We hope that together with the WSE we will succeed in building an important institution for the regional financial environment, he added. Ancuta insists that the deal represents a turning point for the Romanian economy.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you