Romanians will be able to invest in US and European indices directly from the Bourse
Raiffeisen Centrobank, the parent company of domestic brokerage
Raiffeisen Capital & Investment (RCI), is very close to listing
on the Bourse nine securities with the aid of which investors will
be able to bet on the upward and downward trend of several
categories of commodities and of the main foreign indices. The
management of the Bucharest Stock Exchange announced it has already
admitted to trading nine individual issues of structured products,
which are certificates having as an underlying asset the ROTX,
EuroSTOXX50, S&P500, DAX indices, as well as gold and Brent
crude oil. "We believe there will be interest in these
certificates, as clients get used to this class of securities. For
instance, Raiffeisen Centrobank alone has over 1,500 issued
certificates. There have been investors wanting to trade these
securities, but a hurdle was the fact that they were not listed on
the domestic market (and implicitly they were not RON denominated),
and domestic brokers haven't promoted them too much, either. They
were little known," says Camelia Păduraru, a representative of the
sales and trading department of Raiffeisen Capital &
Investment.