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Swiss Capital tops broker chart

07.12.2004, 00:00 9



Stock broker Swiss Capital, the existence of which was unknown to many investors on the capital market several months ago, has become the star of Bucharest Stock Exchange brokers, grabbing the top spot in terms of the value of the trade handled. The company brokered trade worth 17.3 million euros last month, gaining it a market share of over 12%. Swiss Capital thus outran securities firms such as Raiffeisen, ING and Cluj-based SSIF Broker, the main brokers in the trading conducted by Romanian investors since the beginning of the year. Swiss Capital had its operating licence suspended by the National Securities Commission (CNVM) this March because its share capital had fallen below the minimum required amount on the capital market. It was later bought by a broker who until then had worked for another company, Eugen Gunescu, who now owns 92%. ZF



 

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