* The volume of BSE shares traded yesterday was five times higher than the year's daily average
* Candidates are making the first promises
The shareholders of the Bucharest Stock Exchange have already begun preparations for the General Shareholder Meeting of January, in which the stake is the leadership of the exchange operator.
The number of BSE shares traded yesterday was five times higher than this year's daily average and has amounted to 1.01% of the share capital, which means that the people who run for the management positions have already begun securing their support.
The price of the BSE yesterday reached 28.3 lei/unit, making it down 29.6% since the beginning of the year.
In total, 77.805 shares of the BSE were traded yesterday, compared to a daily average of just 14,737 shares this year.
The candidates for the position of chairman of the BSE are Stere Farmache, the current chairman, Dan Paul, the president of the Association of Brokers, and Lucian Anghel, chief-economist of the Romanian Commercial Bank (BCR) who was nominated by the bank. BCR is one of the shareholders which asked for the revocation of the Board of Directors of the BSE. There are 19 candidates for the Board of Directors. Yesterday, some of them shared some of their ideas for the future with us.
* Stere Farmache wants a dual management structure for the Bucharest Stock Exchange
Stere Farmache, the president of the Bucharest Stock Exchange, said that the Bucharest Stock Exchange needs to start at the next level, and the ideal framework for that would be to improve its corporate governance.
In his opinion, the improvement of the corporate governance makes the creation of a dual management structure possible, made up of a Supervisory Board and a Board of Directors, which is a management structure generally used by banks.
Stere
