{"id":2247156,"date":"2026-11-09T00:00:00","date_gmt":"2026-11-08T21:00:00","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2247156"},"modified":"2026-11-09T00:00:00","modified_gmt":"2026-11-08T21:00:00","slug":"bvb-noua-structura-a-sistemului-multilateral-de-tranzactionare-va-deveni-operationala-din-20-noiembrie-2026","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2247156","title":{"rendered":"BVB: Noua structur\u0103 a Sistemului Multilateral de Tranzac\u021bionare va deveni opera\u021bional\u0103 din 20 noiembrie 2026"},"content":{"rendered":"

[analyse_image type=”featured” src=”https:\/\/agerpres.ro\/data\/202611\/20261109194243_938208.jpg”]<\/p>\n

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Noua structur\u0103 a Sistemului Multilateral de Tranzac\u021bionare (SMT) va deveni opera\u021bional\u0103 din 20 noiembrie 2026 \u0219i va fi organizat\u0103 \u00een trei pie\u021be distincte: Pia\u021ba de Cre\u0219tere pentru IMM-uri (PC), Pia\u021ba de Baz\u0103 (PB) \u0219i SMT International (SMTI), a anun\u021bat luni Bursa de Valori Bucure\u0219ti (BVB).<\/strong><\/p>\n

Noua arhitectur\u0103 a SMT este implementat\u0103 \u00een baza noului Cod BVB-SMT, aprobat de Autoritatea de Supraveghere Financiar\u0103 \u00een luna august, \u0219i reprezint\u0103 una dintre cele mai importante moderniz\u0103ri ale Sistemului Multilateral de Tranzac\u021bionare din ultimii ani. Aceasta aliniaz\u0103 pia\u021ba administrata de BVB la modelele europene dedicate finan\u021b\u0103rii companiilor mici \u0219i mijlocii, printr-un ‘cadru mai clar, mai riguros \u0219i orientat c\u0103tre dezvoltare’.<\/p>\n

Potrivit sursei citate, la data opera\u021bionaliz\u0103rii, Pia\u021ba de Cre\u0219tere va cuprinde 23 de companii cu ac\u021biuni \u0219i 14 emisiuni de obliga\u021biuni, dintre care cinci apar\u021bin unor companii ale c\u0103ror ac\u021biuni sunt, de asemenea, \u00eencadrate \u00een acest segment.<\/p>\n

Pia\u021ba de Baz\u0103 va include 217 instrumente de tip ac\u021biuni, dintre care 27 la categoria Premium \u0219i 190 la categoria Standard, precum \u0219i 12 emisiuni de obliga\u021biuni \u0219i un fond.<\/p>\n

SMT International va cuprinde 16 instrumente financiare, respectiv 15 ac\u021biuni \u0219i o emisiune de obliga\u021biuni.<\/p>\n

Potrivit datelor BVB, Pia\u021ba de Cre\u0219tere pentru IMM-uri este construit\u0103 pe conceptul european SME Growth Market, prev\u0103zut de Directiva MiFID II, \u0219i ofer\u0103 un cadru dedicat companiilor eligibile \u0219i emisiunilor de ac\u021biuni \u0219i obliga\u021biuni, cu cerin\u021be adaptate \u0219i reguli privind transparen\u021ba, raportarea \u0219i rela\u021bia cu investitorii.<\/p>\n

Pia\u021ba de Cre\u0219tere \u0219i Pia\u021ba de Baz\u0103 vor func\u021biona ca segmente distincte \u0219i complementare ale SMT, \u00een timp ce SMT International \u00ee\u0219i va p\u0103stra profilul propriu, men\u021bioneaz\u0103 BVB \u00een comunicat.<\/p>\n

\u00cencadrarea ini\u021bial\u0103 \u00een Pia\u021ba de Cre\u0219tere vizeaz\u0103 instrumentele financiare ale emiten\u021bilor eligibili care au semnat \u0219i transmis BVB contractul de tranzac\u021bionare pe acest segment p\u00e2n\u0103 la 30 octombrie 2026. Instrumentele emiten\u021bilor care nu au semnat contractul p\u00e2n\u0103 la termenul respectiv vor fi tranzac\u021bionate \u00een Pia\u021ba de Baz\u0103, conform deciziei de \u00eencadrare.AGERPRES\/(AS – editor: Mariana Nica, editor online: Irina Giurgiu)<\/p>\n<\/div>\n

\n Afisari: 208\n <\/div>\n

[analyse_source url=”https:\/\/agerpres.ro\/economic\/2026\/11\/09\/bvb-noua-structura-a-sistemului-multilateral-de-tranzactionare-va-deveni-operationala-din-20-noiembr–1611644″]<\/p>\n","protected":false},"excerpt":{"rendered":"

[analyse_image type=”featured” src=”https:\/\/agerpres.ro\/data\/202611\/20261109194243_938208.jpg”] Noua structur\u0103 a Sistemului Multilateral de Tranzac\u021bionare (SMT) va deveni opera\u021bional\u0103 din 20 noiembrie 2026 \u0219i va fi organizat\u0103 \u00een trei pie\u021be distincte: Pia\u021ba de Cre\u0219tere pentru IMM-uri (PC), Pia\u021ba de Baz\u0103 (PB) \u0219i SMT International (SMTI), a anun\u021bat luni Bursa de Valori Bucure\u0219ti (BVB). Noua arhitectur\u0103 a SMT este implementat\u0103 \u00een […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[37,226],"class_list":["post-2247156","post","type-post","status-publish","format-standard","hentry","category-politics","tag-agerpres-ro","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2247156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2247156"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2247156\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2247156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2247156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2247156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}