Commodities Exchange, still adrift after 16 years - Azi

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The Romanian Commodities Exchange, the place where commercial transactions should generally be conducted is, after 16 years, still in a burgeoning stage of development.

The low volume of transactions is RCE"s main problem, alongside legal errors, according to the new management. "The hardest thing to do at the RCE is to build a critical mass, a liquidity limit. If an administrative measure was taken, to force merchants to conduct transactions solely on the Commodities Exchange, we could surpass...

Read the whole story in: Ziarul Financiar