- Almost 3,000 trades totalling RON 19mn were registered last month alone
- The largest trade was worth dozens of thousands of lei, the smallest was just 1 leu
- The trades carried out this month can be registered until March 31st using www.leiibvb.ro
Costin Somanescu from Bucharest and Angela Sirbu from Targu Mures are the first two winners of the "Leii BVB" competition organized by the Bucharest Stock Exchange (BVB), which aims to engage and reward individual investors who are actively trading on BVB.
"Leii BVB" takes place between February and November 2017 and is a manner of celebrating the 150th anniversary of Leu becoming the national currency of Romania. During this time period, every month, investors who have carried out at least one trade and have registered it on www.leiibvb.ro will participate in monthly draws where the winners are awarded city breaks in Europe and in some months also trips to exotic locations such as Dubai or Kenya.
For the month of February, almost 3,000 trades were registered of a total value of RON 19mn. The values of trade registered varied from one leu to dozens of thousands of lei. On March 6th, 150 trades were randomly drawn and placed in descending order based on the value of the trades, in order to select the winners, thus allowing also for investors with smaller trades to have a chance of winning.
"We would like to congratulate both winners. Following the success of the winner of Condus de Randament, who managed to achieve a yield of 30%, we expect more investors will start trading now and also registering their trades in the following phases of Leii BVB. This competition is addressed to all individual investors active on Bucharest Stock Exchange, in line with our motto that «Bursa e pentru oameni»," stated Lucian Anghel, President of the Bucharest Stock Exchange.
Costin Somanescu, 48, won a EUR 1,000 city break for two in Munchen, Amsterdam or Istanbul, offered by Paravion, Romania’s largest online travel agency. The wining trade was conducted with Romcarbon (ROCE) shares and the intermediary was Intercapital Invest. Costin Somanescu is an investor on the Romanian stock market since its reestablishment. As an advice for people that are interested to become investors on the stock market, he says that they should invest exactly the amount they afford to lose.
Angela Sirbu, 58, won a Fitbit Blaze Gold Series smartwatch, offered by iStyle Retail, the largest Apple Premium Reseller store chain in Central Eastern Europe. She traded Transelectrica (TEL) shares and the intermediary was the brokerage house Estinvest. Angela Sirbu is lab chemist and she started to invest on the stock market in February 2014, following her husband, who was an investor even before her.
"I realized that investing on Bucharest Stock Exchange is something I could do as well. I invest mainly in companies from energy, finance and banking sectors. For those that don’t have the courage to invest on the stock market, I recommend to give it a try, but with smaller amounts of money in the beginning. Generally, stock market is a much better alternative than the banking system to place your money," said the investor.
The main rules of the competition are the following:
- Participation is free of charge and is targeted to individual investors who are at least 18 years old;
- The competition is open to all individual investors who trade on at least one of BVBs’ markets;
- All trades are eligible for draw and there is no minimum investment amount;
- An individual investor can register up to 100 trades per month;
- Each draw will be random. 150 trades will be randomly drawn, and the investor who made the trade with the largest value will be declared as winner;
- The registrations for "Leii BVB" must be submitted by filling in a form available on the website www.leiibvb.ro.
The second draw, for the month of March, will take place on April 5th. The trades carried out this month can be registered until March 31st using the www.leiibvb.ro website. The awards in the March draw include a city break worth EUR 1,000 for two to Dubai, Catania (Sicily) or Valencia for the winner of the first place and a Fitbit Blaze smartwatch for the second place. More details about the competition can be found at www.leiibvb.ro.
Paravion is Romania’s largest online travel agency, with operations in several countries in Eastern Europe and Turkey. The company provides a wide array of services such as flight reservations, holidays, car rental and hotel booking. A 24/7 call center is available to all customers via the company’s website, which incorporates the most up-to-date security solutions provided by Zitec and PayU. Book your next travel today at www.paravion.ro!
Fitbit is known for its activity monitoring devices, wireless devices worn sites measuring data such as the number of steps taken, heart rate, sleep quality, steps and other value metrics personal climbed involved and SmartWatch sites. Winners of the monthly draw for Leii BVB Fitbit offers Fitbit Blaze - an innovative SmartWatch that provides an improvement in fitness activities by offering heartbeat monitoring function without a band uncomfortable that you include chest. Learn more about Fitbit products on: www.fitbit.com!
About iStyle Retail
iSTYLE Retail is the largest Apple Premium Reseller store chain in Central and Eastern Europe. Through its 22 retail stores and online, iSTYLE Retail offers complete range of Mac, iPad, iPod, iPhone and Apple TV, along with an impressive, but carefully selected, accessories and software. Learn more about iSTYLE on: www.istyle.eu!