Exchange floor

The Auction Market represents the most developed market, which is managed by the RCE, being organised considering the performing transactions and contracts concluded for commodities procurement, services and works.

 

RCE involved both in privatisation, reconstruction and abolition processes, as well as in the commercial sale or procurement operations. The procedures organised by RCE on the Auction Market can be realised firstly for: commercial private companies, public central and local administrations, the companies, which are at one state institution orders and also the natural persons.

 

The commodities transaction takes place in the trading floor, in an open outcry system where sellers and buyers' representatives meet each other and directly negotiate the price.

 

The advantages of the Auction Market organized at the RCE are: transparency, correctness, small commissions and real time of information.

 

According to the fields of interest for the economic operators, it is compulsory to fill in the CPV codes (Common Procurement Vocabulary) specific to the activities they perform.