Top-ranked Swiss Capital brokered RON447 million worth of deals, triggering a 21.3% market share in Feb 2024. TradeVille came in second, with brokered deals worth RON353 million and a 15.7% market share. The third place is held by BT Capital Partners, the brokerage and investment banking arm of lender Banca Transilvania (TLV), with brokered deals worth RON240 million and a 10.7% market share.
The top ten stock market brokers accounted for 91.8% of the market in Feb 2024, amid deals worth over RON2 billion, lower than RON3 billion reported in January 2024. However, in February 2023, the top ten most active brokers at the Bucharest Stock Exchange reported combined deals of RON1.06 billion, double year-over-year.
BRK Financial Group (BRK) – the only stock broker listed on the local stock exchange – reported brokered deals worth RON227 million and a 10.1% market share. At the same time, the brokerage division of Banca Comerciala Romana (BCR) intermediated RON210 million worth of deals and had a 9.4% market share. BCR places second since the start of 2024 onwards, with deals worth over RON1 billion and a 19.6% market share.
The second half of the ranking lists Wood & Company Financial Services, with brokered deals worth RON190 million and an 8.5% market share), Alpha Bank Romania (RON121 million worth of deals and a 5.4% market share), Raiffeisen Bank International (RON99 million worth of deals and a 4.4% market share), IFB Finwest (RON85 million worth of deals and a 3.8% market share) and Prime Transaction (RON55 million worth of deals and a 2.5% market share).
Alpha Bank made it into the top ten in February after placing 11th in January. Instead, Goldring exited the ranking as it fell to the 11th spot in February after placing 10th in January.
In 2023, the top ten most active brokers at the Bucharest Stock Exchange intermediated RON46.7 billion worth of deals against the backdrop of Hidroelectrica’s IPO, the Fidelis government bond program and dividends distributed by companies such as Fondul Proprietatea (FP), OMV Petrom (SNP) and Banca Transilvania.