ROTX

ROTX

← Previous revision Revision as of 03:19, 23 April 2026
Line 24: Line 24:
The '''Romanian Traded Index''' ('''ROTX''') is a [[stock market index]] that tracks the performance of the most [[market liquidity|liquid]] and actively traded stocks listed on the [[Bucharest Stock Exchange]] (BVB). The index was developed by the Bucharest Stock Exchange in collaboration with the [[Wiener Börse]] and is calculated and disseminated in real time by the latter in [[euro]] (EUR), [[United States dollar|U.S. dollars]] (USD) and [[Romanian leu]] (RON).
The '''Romanian Traded Index''' ('''ROTX''') is a [[stock market index]] that tracks the performance of the most [[market liquidity|liquid]] and actively traded stocks listed on the [[Bucharest Stock Exchange]] (BVB). The index was developed by the Bucharest Stock Exchange in collaboration with the [[Wiener Börse]] and is calculated and disseminated in real time by the latter in [[euro]] (EUR), [[United States dollar|U.S. dollars]] (USD) and [[Romanian leu]] (RON).


Unlike the [[BET-20|BET]] index, which is the local [[benchmark (finance)|benchmark]] index of the Romanian market, ROTX is designed as a tradable index and can be used as an underlying asset for [[structured product]]s and [[derivative (finance)|derivative instruments]] (such as [[futures contract|futures]] and [[option (finance)|options]]) on international markets.
Unlike the [[BET Index|BET]] index, which is the local [[benchmark (finance)|benchmark]] index of the Romanian market, ROTX is designed as a tradable index and can be used as an underlying asset for [[structured product]]s and [[derivative (finance)|derivative instruments]] (such as [[futures contract|futures]] and [[option (finance)|options]]) on international markets.


The ROTX also serves as a primary gateway for [[Foreign direct investment|foreign investors]] seeking exposure to the [[Economy of Romania|Romanian economy]]. Because it is disseminated by the [[Wiener Börse]] in major global currencies (EUR and USD), it reduces [[foreign exchange risk]]s for [[institutional investor]]s. Furthermore, several [[investment fund]]s, such as the BT Index Romania ROTX, allow [[investor]]s to gain diversified exposure to the [[Blue chip (stock market)|blue chips]] of the Romanian [[capital market]].{{cite web |title=BT Index Romania ROTX |url=https://www.btassetmanagement.ro/bt-index-romania-rotx |website=btassetmanagement.ro |access-date=16 April 2026}}
The ROTX also serves as a primary gateway for [[Foreign direct investment|foreign investors]] seeking exposure to the [[Economy of Romania|Romanian economy]]. Because it is disseminated by the [[Wiener Börse]] in major global currencies (EUR and USD), it reduces [[foreign exchange risk]]s for [[institutional investor]]s. Furthermore, several [[investment fund]]s, such as the BT Index Romania ROTX, allow [[investor]]s to gain diversified exposure to the [[Blue chip (stock market)|blue chips]] of the Romanian [[capital market]].{{cite web |title=BT Index Romania ROTX |url=https://www.btassetmanagement.ro/bt-index-romania-rotx |website=btassetmanagement.ro |access-date=16 April 2026}}


== History ==
== History ==
The index was officially launched on March 15, 2005, with a base value of 1,000 points. The partnership between the [[Bucharest Stock Exchange]] (BVB) and [[Wiener Börse]] was established to increase the visibility of the Romanian [[capital market]] among [[institutional investor|foreign institutional investors]], using the technical infrastructure and calculation standards of the CECE Family Index managed by the Wiener Börse.{{cite web |title=Șase companii românești, cotate la Viena |url=https://www.wall-street.ro/articol/Finante-Banci/1512/sase-companii-romanesti-cotate-la-viena.html |website=wall-street.ro |access-date=16 April 2026 |language=en}}
The index was officially launched on 15 March 2005, with a base value of 1,000 points. The partnership between the [[Bucharest Stock Exchange]] (BVB) and [[Wiener Börse]] was established to increase the visibility of the Romanian [[capital market]] among [[institutional investor|foreign institutional investors]], using the technical infrastructure and calculation standards of the CECE Family Index managed by the Wiener Börse.{{cite web |title=Șase companii românești, cotate la Viena |url=https://www.wall-street.ro/articol/Finante-Banci/1512/sase-companii-romanesti-cotate-la-viena.html |website=wall-street.ro |access-date=16 April 2026 |language=en}}


Over the past decade, ROTX has reflected the maturation of [[capital market]]s in Romania, benefiting from major listings such as [[Digi Communications]] (2017) and [[Hidroelectrica]] (2023).{{cite web |title=Hidroelectrica debuts trading following a jumbo IPO worth EUR 1.9 billion the largest ever from the Bucharest Stock Exchange |url=https://bvb.ro/AboutUs/MediaCenter/PressItem/Hidroelectrica-intra-la-tranzactionare-dupa-incheierea-cu-succes-a-celui-mai-mare-IPO-realizat-la-Bursa-de-Valori-Bucuresti-in-valoare-de-1.9-miliarde-euro/5887 |website=bvb.ro |access-date=16 April 2026}}{{cite web |title=Premier Energy se listează la Bursa de Valori București, în urma celui mai mare IPO derulat de o companie antreprenorială în ultimii cinci ani; Radu Hanga: Prin listarea Premier Energy, vedem o creștere a reprezentativității sectorului energetic și de utilități la BVB la 66% din capitalizarea totală |url=https://financialintelligence.ro/premier-energy-se-listeaza-la-bursa-de-valori-bucuresti-in-urma-celui-mai-mare-ipo-derulat-de-o-companie-antreprenoriala-in-ultimii-cinci-ani-radu-hanga-prin-listarea-premier-energy-vedem-o-creste/ |website=Financial Intelligence |access-date=16 April 2026 |language=ro-RO |date=28 May 2024}}
Over the past decade, ROTX has reflected the maturation of [[capital market]]s in Romania, benefiting from major listings such as [[Digi Communications]] (2017) and [[Hidroelectrica]] (2023).{{cite web |title=Hidroelectrica debuts trading following a jumbo IPO worth EUR 1.9 billion the largest ever from the Bucharest Stock Exchange |url=https://bvb.ro/AboutUs/MediaCenter/PressItem/Hidroelectrica-intra-la-tranzactionare-dupa-incheierea-cu-succes-a-celui-mai-mare-IPO-realizat-la-Bursa-de-Valori-Bucuresti-in-valoare-de-1.9-miliarde-euro/5887 |website=bvb.ro |access-date=16 April 2026}}{{cite web |title=Premier Energy se listează la Bursa de Valori București, în urma celui mai mare IPO derulat de o companie antreprenorială în ultimii cinci ani; Radu Hanga: Prin listarea Premier Energy, vedem o creștere a reprezentativității sectorului energetic și de utilități la BVB la 66% din capitalizarea totală |url=https://financialintelligence.ro/premier-energy-se-listeaza-la-bursa-de-valori-bucuresti-in-urma-celui-mai-mare-ipo-derulat-de-o-companie-antreprenoriala-in-ultimii-cinci-ani-radu-hanga-prin-listarea-premier-energy-vedem-o-creste/ |website=Financial Intelligence |access-date=16 April 2026 |language=ro-RO |date=28 May 2024}}