
THE BOARD OF THE BSE, ONCE AGAIN DISREGARDED BY THE CEOKing Sobolewski and Queen Tănăsoiu
ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 1 septembrie 2014
A decision with major implications when it comes to the execution of trades on the Romanian stock market - the move to the two-day settlement cycle ("T+2", instead of "T+3"), starting on October 6th,- seems to have been made by two people - Ludwik Sobolewski, the CEO of the Bucharest Stock Exchange, and Adriana Tănăsoiu, the CEO of the Central Depository (DC), even though the brokers who were consulted by them told them that the market is not ready and have proposed postponing this measure until January 1st, 2015 (according to a letter sent by the Association of Brokers).