The Registration for the First Real-Life Trading
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PRESS RELEASE September 21, 2016 THE REGISTRATION FOR THE FIRST REAL-LIFE TRADING COMPETITION AT BVB, CONDUS DE RANDAMENT, STARTED TODAY Bucharest Stock Exchange (BVB) has launched the first real trading competition in Romania called Condus de Randament (Driven by Return). The registration started today and the competition will begin on October 17th, 2016 and end on February 17th, 2017, using the mechanisms and rules of trading on the Bucharest Stock Exchange. The goal for the participants is to gain the highest return on their portfolio. Raiffeisen Bank is BVB’s Main Partner to this project. The return on the investment of the competition participants will be calculated by taking into consideration trades done with shares of one or more of 25 listed companies, which are included in the BET-XT index, namely: Albalact (ALBZ), Antibiotice Iasi (ATB), Banca Comerciala Carpatica (BCC), BRD – Groupe Societe Generale (BRD), BRK Financial Group (BRK), Bursa de Valori Bucuresti (BVB), Conpet (COTE), Societatea Electrica (EL), Electromagnetica (ELMA), Fondul Proprietatea (FP), IAR Brasov (IARV), Impact (IMP), Romcab (MCAB), Romcarbon (ROCE), SIF Banat Crisana (SIF1), SIF Moldova (SIF2), SIF Transilvania (SIF3), SIF Muntenia (SIF4), SIF Oltenia (SIF5), Romgaz (SNG), Nuclearelectrica (SNN), OMV Petrom (SNP), Transelectrica (TEL),Transgaz (TGN) and Banca Transilvania (TLV). There is no minimum investment required in order to enter the competition. Therefore, the participants are free to apply the investment strategy of their choice, as long as they meet the requirement of performing buy-side transactions worth at least 30,000 lei by February 17th, 2017, the last day of the competition. ‘For the first time in the history of the Romanian capital market we are launching a real-life trading competition with one aim in mind – to further promote to the wide audience that investing on the Bucharest Stock Exchange is an attractive opportunity, especially after this year, when Romanian companies have distributed the highest dividends in the world, on average 8% for BVB’s main index BET. With the launch of Condus de Randament we provide the investors a dedicated infrastructure that gives them a step-by-step guideline for beginning (or continuing) the investment journey and, while at the same time, providing them even more motivation to invest at BVB’, said Lucian Anghel, President of Bucharest Stock Exchange. ‘Condus de Randament is open for everyone – for people with experience or without in investing. For beginners and more knowledgeable. For those with savings or for those with no savings at all, because we will show that the stock exchange is a great style of life and a great opportunity to enrich our lives and big financial resources are not needed for this’, said Ludwik Sobolewski, CEO at Bucharest Stock Exchange. The competition is open to any Romanian resident who is at least 18 years old on September 21st, 2016 (inclusive). For entering the competition, the participants have to open a brokerage account with one of the partner intermediaries and register for the competition on the dedicated website, www.condusderandament.ro. The intermediaries that are partners to the competition are: Raiffeisen Bank, Prime Transaction, Estinvest, BT Capital Partners, Super Gold Invest, Muntenia Global Invest, Intercapital Invest, Piraeus Bank, Tradeville. Participants who already have an account open with one of these intermediaries are also eligible to enter the competition. BUCHAREST STOCK EXCHANGE runs markets for shares, bonds and other instruments, through regulated platforms and alternative systems, and provides a wide range of services to participants of financial markets. Bucharest Stock Exchange is a public company, listed on its own market since 2010. For more information refer to WWW.BVB.RO For further information: Bogdan A. Mugescu, PR Specialist, +4.0765.346.715, [email protected] ‘The stock exchange needs more investors in order to increase liquidity, while investors need alternatives in the current low interest rate environment. The purpose of the contest launched today, Condus de randament is to draw the individual investors’ attention to opportunities offered by stock investments as an alternative to place their savings. Contestants will find that luck has nothing to do with success in the financial markets. In the medium term, investors may see stock markets rewarding those who diligently do their homework’, said James Stewart, Vice-President Treasury and Capital Markets, Raiffeisen Bank. After four months of competition, top twenty participants who generated the biggest returns will receive the following awards prepared by the Bucharest Stock Exchange together with its partners: 1st place: Dacia Duster Laureate, glacier white, 1.6 petrol engine, 105 HP, 4x4, EURO6. The car will be provided with all necessary registration documnets, CASCO and RCA for a period of 12 months from the date of dispatch. CASCO and RCA are offered by Destine Broker; 2nd place: shopping voucher at online store emag.ro worth EUR 3,000, offered by eMag; 3rd place: premium 5-days holiday in Sibiu, offered by Happy Tour; 4th place: Smart X -Board Scooter, offered by Evolio; 5th place: Vector Watch Luna Rose Gold, offered by Vector; 6th place: Vector Watch Silver Moon, offered by Vector; 7th – 16th places: Premium 12 months subscription to Avocatnet.ro, provided by Avocatnet.ro; 17th – 20th places: Piggybank „Fluent în Finanțe”, offered by the Bucharest Stock Exchange. For beginning investors, the Bucharest Stock Exchange has prepared 10 online lessons as well as an Investment KIT that can be ordered free of charge from the dedicated website www.condusderandament.ro and will be delivered at the participants home address, thanks to Poșta Română. For beginners, the Bucharest Stock Exchange has prepared an online course 10 lessons and Investment KIT, which can be requested free of charge by completing a form on the official Contest www.condusderandament.ro and delivered at the Romanian Post. Partners of Condus de Randament are Raiffeisen Bank, eMag, Happy Tour, Evolio, Poșta Română, ACCA, Dacia, Destine Broker, Vector and Avocatnet.ro. The media partners are: Prima TV, Adevărul, Money.ro, mediaTRUST. BUCHAREST STOCK EXCHANGE runs markets for shares, bonds and other instruments, through regulated platforms and alternative systems, and provides a wide range of services to participants of financial markets. Bucharest Stock Exchange is a public company, listed on its own market since 2010. For more information refer to WWW.BVB.RO For further information: Bogdan A. Mugescu, PR Specialist, +4.0765.346.715, [email protected] .