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Monday, January 10, 2005

ROL futures contracts traded in Budapest

The Budapest Stock Exchange (BET) introduced, at the beginning of this year, trading of futures contracts based on ROL quotas versus other foreign currencies, such as the euro (EUR), dollar (USD) and the Hungarian forint (HUF).

The move turns BET into the first stock exchange outside Romania where such ROL operations take place.

In Romania, the futures transactions based on the foreign currencies are performed only by the Monetary Financial and Commodities Exchange from Sibiu. The company is expected to merge with the Bucharest Stock Exchange (BVB) this year.

Posted by Iulia Rasoiu : 1/10/2005 10:22:00 am