1.Acces to the Retail market
Access to the Retail market is allowed for shareholders, affiliated members (collaboration agreement) and commodities’ exchanges.
Affiliated members are organisations which are granted trading rights by satisfying the conditions agreed by RCE’s board of directors, as they are written within the affiliated member section.
Commodity brokerage organisations are shareholders or affiliated members of RCE which activity is the brokerage field.
Register as an affiliated member in order to become your own broker!
Rules regarding the Retail market, administered by RCE, contain norms concerned with the organisation and course of transactions that correspond with Law 357/2005 of commodity exchanges. Transactions are conducted depending on the commodities within specialised categories and for which a specific procedure is defined.
2. Retail market functionality
3. Launching trade orders
Register your buying or selling offers
Respond to an already active offer in the market
4. Scheduling of products for trade
Products are scheduled for trade with maximum 7 days from the point of order validation.
Before the trading session:
5. The conducting of a trading session
Documents are analysed according to specifications of the active towards trading admission.
Within the electronic platform transaction, during the trading session, price improvement, quantity modification and attribute change are allowed.
6.Trading commitment fulfillment according to the trading session.
Trading session closing, trading report publishing and the transaction contract signing take place between RCE, the selling broker and the buying broker.
The trading report highlights all the stages of the trading session as well as its elements.
The Transaction contract represents the parties agreement upon the conclusion of a trade and fulfillment of the buying-selling contract issued based on the session agreement.
7. Participation guarantee release
This is realised through depositing/offering a guarantee release request at RCE’s headquarters. –Guarantee release request draft.
The participation guarantee can be held by RCE in order to take part in future auctions.