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Romanian Commodities Exchange is officially
established as a privately owned company on November 20, 1992, while
the first trading session takes place on December 10, 1992. RCE
functions as a joint stock company and is organized in accordance with
the rules of traditional exchanges in the world. The RCE ownership
structure is made up of 120 shareholders including: commercial banks,
investment, brokerage and foreign trade companies. After strongly promoting a commodities exchanges law in Romania, RCE finally functions under a specific legal framework, by the issuance of Law no. 357/2005 in December. RCE has as main field of activity the management of public interest markets and develops, accordingly to the new law: • sale and procurement procedures for commodities, services and works on auction market; • transactions on spot and forward markets, on specialised floors for cereals, oil, oil products, coal, energy etc; •sales and procurements of commercial receivables on receivables market; •training on Exchange topics and courses/events on risk and project management, derivatives, management, investments and consultancy through BRM Business Consulting - educational division of the RCE. The Romanian Commodities Exchange's purpose is to provide practical solutions in a transparent, correct and reliable way. The RCE is constantly evolving, changing technology, introducing new products to meet market demands for price-risk management instruments. The RCE will continue striving to improve not only cost-efficiency and convenience, but also fairness and transparency of its market. Today, we are more faithful to our first goals: care about the quality of our services, the capacity to anticipate and innovate and our success through our shareholders and clients' success. Our objectives for the future are strengthening our well-established markets, stabilizing our trading volume and increasing liquidity. To be able to achieve these goals, we will continue to rely on the contribution and trust of the RCE members and clients. |
Contact: Mr. Mircea FILIPOIU, President & CEO Mr. Răzvan TUDOR, Marketing & Communication Director Piaţa Presei Libere, Nr. 1, Sector 1, 013701, Bucureşti Tel.: +40 21 317 4560 Fax: +40 21 317 2878 E-mail: bursa@brm.ro; pr@brm.ro Website: www.brm.ro |