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Bucharest Stock Exchange share holders approved 10% cut off from transaction commissions

de A.C.
Luni, 19 mai 2008, 21:57 English | Business

Bucharest Stock Exchange (BVB) shareholders approved in a meeting on Monday a 10% cut off commissions for public trading offers, a press release of the institution remitted to informs. In case the average daily liquidity of the Stock Exchange will reach 16 million euro, shareholders will cut off another 5% from the commissions. 

The decision was taken given the fact that the average daily shares traded on the BVB were estimated to amount to 14 million euro. The decrease will be applied for initial and secondary public offers for sell and purchase and for trading preference rights.

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