With regard to changes adopted by various liquidity providers, Bulbrokers take a step towards unification of the trading conditions from Point based calculation financing to Percentage based calculation financing, simultaneously reducing the applicable interest rates. The new rules will take effect on September 28, 2015 - trading terms and conditions CFDs on indices.
The changes can be traced in the trading platform MetaTrader 4.
These terminals will not be able to connect to the new server versions. This decision is based on the current situation in the mobile device market and obsolescence of the Windows Mobile platform. The last update of Windows Mobile was released about 4 years ago, while new mobile devices running this platform are not produced.
Bulbrokers is among the nominated for the Annual Responsible Business Awards 2013, held by the Bulgarian Business Leaders Forum – the most prestigious prize for corporate social responsibility in Bulgaria
Bulbrokers is the investment intermediary to broker the biggest privatization deal on BSE-Sofia ever since the placement of the Bulgarian Telecommunication Company in 2005. For the first two days only, the shares of EVN Bulgaria Elektrorazpredelenie and EVN Bulgaria Elektrosnabdyavane were placed almost in whole. The Bulgarian government will receive more than 48 mln. euro, 45 mln. of which were paid directly by EVN AG Austria.
“The minimum expectations were for 39 mln. eur from the sale of the government stake in EVN, we got 48 mln. eur, therefore the results outperformed our initial estimations” – Traycho Traykov, Minister of economy, energy and tourism.
“The sale of the government shares in EVN outperformed our most optimistic expectations. We hope this auction to be the beginning of the Bulgarian capital market renaissance!” – Vasil Golemanski, member of the board of directors of BFB-Sofia.
“Very successful, not only in terms of price but in terms of interest also! We are all aware of the current condition of global capital markets, especially those from Europe. The successful trades today are many times more difficult and complicated than in times of economic revival” – Radoslav Rachev, Executive director, Bulbrokers EAD.
Bulbrokers has been picked to broker Bulgaria's 33% stake sale in Austria's EVN AG unit. This was announced by Bulgaria's sale body, the Privatization Agency, which selected the provider of brokerage services in a competition, which assigned the greatest significance to the offered commission after a sale and the turnover of deals inked by the bidders over the last years.
Bulgaria plans to sell the minority stake in the EVN and CEZ-operated electricity distributor on the Bulgarian Stock Exchange. Each of the units includes two companies in charge of sales and grid operation.
The contract with the intermediary will be signed within 14 days after they obtain the approval of the Supervisory Board of the Privatization Agency.