The new option, during which offers are accepted and executed only at the closing price of the stock, will be introduced on May 5.
“We are advancing with the reform of the trading structure by introducing new mechanisms and solutions. With the introduction of the trading-at-last, investors will have the opportunity to execute transactions at stable prices,” said Ludwik Sobolewski, chief executive of the Bucharest Stock Exchange.
The run-off or trading-at-last follows the pre-close period and lasts for 10 minutes.
Also as of May 5, the pre-open trading will 15 minutes shorter, while the continuous trading will be extended by the same period.