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Deltastock is the first foreign broker to become Market Maker on SIBEX

Aug 27 2012
By
Forexbrokerz.com
Deltastock is the first foreign broker to become Market Maker on the Sibiu Stock Exchange (SIBEX) in Romania. The company established a Bucharest branch back in 2007 and is now planning on expanding its activity in the country.
 
Bucharest, Romania (27 August 2012) – Deltastock, a leading Forex & CFD Broker in the online trading industry, has been admitted on the regulated market of derivative financial instruments, managed by the Sibiu Stock Exchange (SIBEX). The company is also to become the first foreign Market Maker admitted on the SIBEX market in Romania. Deltastock aims to provide Market Maker services to Romanian investors using the experience obtained in the last 14 years by offering a wide range of financial services on OTC markets.
 
“Deltastock is the first foreign broker to become a Market Maker on SIBEX. This decision is a natural continuation of our activity in Romania since 2007, when we were the first foreign CFD broker to open an office in the local market,” said Nikolay Nedkov, CEO of Deltastock. “We are confident in the potential of the capital market in Romania and we believe that local investors' appetite for derivative trading will continue to grow in the coming years. In the beginning, we will focus our activity on quoting WTI Oil Futures. We are also planning to increase the number of instruments offered by Deltastock in the near future and are currently working together with SIBEX to achieve that goal. We believe that our experience in derivative trading will be beneficial for the market, and hope to increase the market’s liquidity and provide better trading conditions for all participants."
 
The Sibiu Stock Exchange (SIBEX) was established in 1994 and is the leader on the exchange-traded derivatives market in Romania. It is licensed by the Romanian National Securities Commission (CNVM) and offers its customers trading in futures, options, and CFDs on currencies, indices, and shares.
 
 
About Deltastock:
 
Deltastock is a global Forex & CFD Broker founded in 1998, serving clients from over 100 countries worldwide. The company offers integrated online trading services to clients from all segments, leveraging on technology and innovation, while adopting the best ethical practices. Online services: trading Forex; spot Gold and Silver; CFDs on Brent and WTI Crude Oil, Agricultural, and Financial Futures; CFDs on Shares, Indices, and ETFs listed on the major world stock exchanges.
 
Deltastock is regulated by the Bulgarian Financial Supervision Commission (FSC) under the EU Directive on the Markets in Financial Instruments (MiFID) and is registered with the regulatory authorities of most EU countries.
 
The company is licensed as a financial services provider with the Financial Services Board (FSB) of South Africa. The company is registered with the Bulgarian National Bank and upholds the highest standards and business practices.
 
TAGS: deltastock  sibex  market maker  romania  exchange 

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