X-Trade Bokers plans 66 percent increase in local transactions

Brokerage house X-Trade Brokers plans a 66 percent increase in transactions performed in Romania, thus reaching a EUR 15 billion value. X-Trade Brokers entered the Romanian market in 2009, and last year local clients transacted around EUR 9 billion. Most transactions in Romania are performed on the forex market, where the margin is one percent, so the real volume of transactions on the X-Trade Brokers platform in 2010 exceeded EUR 70 million.