Yesterday the board of the Bucharest Stock Exchange participated in a meeting where the decision was taken to allow trading on the Stock Exchange of shares of companies from non-member states using the alternative trading system. Practically, following this decision, the shares of some companies from other countries will be listed on the Bucharest Stock Exchange, and the companies Apple, Google and Yahoo! were given as examples. but the list is purely exemplary. However, to buy shares of these companies, you must first have a broker who must buy them from the American stock exchange and transfer them to the alternative system also used by the Bucharest Stock Exchange.
In the meeting on Wednesday, January 18, the Council of the Bucharest Stock Exchange (BVB) decided to adopt changes to the BVB-system operator Code that would allow the trading of companies from non-member states on the BVB's alternative trading system. The changes to the Code will enter into force after their approval by the National Securities Commission. The transactions with the shares of the American giants Apple, Google and Yahoo! are possible on the Bucharest Stock Exchange, the first step in this direction having already been taken after the Central Depository connected to the counterpart institutions in the American capital market.
Today I told you that a share of the Apple company can be bought on the American stock market for $430, so if you are interested in investing, it would be good to have some serious amounts ready.
