English
The Central Depository has interconnected with the similar institution of South Africa, Strate Limited, which will allow Romanian investors to settle their trades involving the financial instruments that it manages. Strate Ltd performs settlements for trades involving stocks and bonds listed on the Johannesburg stock exchange, as well as settlement for the derivatives market and for money market securities, according to a press release of the Central Depository.
The move of the Central Depository comes as the management of the Bucharest Stock Exchange is hoping that in April, the triple listing of the real estate investment fund NEPI (New Europe Property Investments) will take place in Bucharest, London and Johannesburg, and the interconnection of the Romanian depository with its South-African peer was a preliminary requirement for the listing to take place.
Right now, the Central Depository has cross-border connections with 18 countries (South-Africa, Austria, Belgium, Czech Republic, Denmark, Switzerland, France, Germany, Greece, Ireland, Luxemburg, Great Britain, Holland, Poland, Spain, United States of America, Sweden and Hungary) and offers its members the ability to settle international trades in 11 currencies (Swiss Franks, Czech Crowns, Danish Crowns, Euros, Sterling Pounds, Hungarian Forints, Polish Zloty, Swedish Crowns, USD, South African Rand and lei - at the moment cross border settlements in lei can take place only through Clearstream Banking Luxembourg).
Euro
Dolar SUA
Franc elveţian
Liră sterlină
Gram de aur
