On Wednesday, 7,899 futures contracts traded on the derivatives market, surpassing the previous record of 2,847 contracts traded on June 29 2010, the Bucharest bourse said in a statement.
Today’s contracts added up to over 13 million lei (a little over EUR3 million), the market operator said. The record was mainly due to trades on gold futures contracts with maturity in October and December 2011 (GLD11OCT and GLD11DEC), it added.
“The development of the Derivatives Market is currently one of the most important projects of Bucharest Stock Exchange. Launching new derivatives on commodities, with Market Maker, has proven to be a good decision, the proof being the trades concluded on these instruments,” said Valentin Ionescu, General Manager of the Bucharest Stock Exchange. (EUR1=RON4.321)