Los Angeles, CA, August 29, 2012 --(PR.com
)-- 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.