Brokerage companies lay off staff amid Stock Exchange crisis - Azi

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Prime Transaction, Confident Invest and GM Invest - three medium-sized brokerage companies on the Stock Exchange, have closed ten agencies over the last two months, and have laid off around 25 brokers, according to reports published in the weekly bulletins of the National Securities Commission.

Brokerage companies are facing increasingly significant problems, given that Stock Exchange declines are keeping investors away from the market, and that the value of transactions has gone down by over...

Read the whole story in: Ziarul Financiar

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