269-278

• Matei, Mirela
• Popescu, Cătălin
• Eftimie, Mariana

The European exchanges are in a development process that means consolidation through mergers andacquisitions and also, innovation of structured and derivatives products. The Romanian capital market has amarginal position on European continent because of its small dimensions and modest offer of derivativesproducts. Some steps have been made in the development process in Romania, but some measures must betaken in the future: the launch of commodities derivatives, the calculation of new stock indices and mergersbetween the Romanian exchanges.

• Economics and Business

• Οικονομία
• Capital
• Finance

capital market, exchange, derivatives, innovation, crises

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