BVB. The largest companies by market capitalization as of November 2017 are: OMV Petrom S.A., S.N.G.N. Romgaz S.A., Banca Transilvania, BRD – Groupe Societe Generale S.A, Fondul Proprietatea, S.N.T.G.N. Transgaz S.A. and Societatea Energetica Electrica S.A. BVB own shares Since 2010, Bucharest Stock Exchange is listed on its own market, with a symbol BVB. Bucharest Stock Exchange has a single class of common shares and a capital of 76,741,980 lei divided in 7,674,198 shares with a nominal value of RON 10 per share. All the shares are fully paid. The free float of BVB shares is equal 100%. In accordance with the provisions of the Government Emergency Ordinance no. 90/2014 amending and supplementing the Law no. 297/2004 regarding the capital market, a shareholder of a market operator cannot own directly or indirectly more than 20% of the total voting rights. As of November 30, 2014, the Romanian legal entities constituted the largest group of the BVB shareholders (69.19%), followed by foreign legal entities (15.47%), Romanian private individuals (14.79%), and foreign private individuals (0.54%). In November 2014, European Bank for Reconstruction and Development has acquired 4.99% stake in the Bucharest Stock Exchange. Legal Framework The legal framework for exchange operations in Romania is provided by the following legal acts: The Capital Market Law no. 297/2004 CNVM Regulation no. 1/2006 on Issuers and Operations with Securities CNVM Regulation no. 2/2006 on Regulated Markets and Alternative Trading System Additionally, the BVB is governed by Constitutive Act of the Commercial Company Bursa de Valori Bucuresti S.A. and the Regulation on the Organization and Functioning of the Bursa de Valori Bucuresti whereas the respective markets are governed by the Bucharest Stock Exchange Rulebook for Market Operators and ATS Rulebook for System Operators. Information services BVB supplies its participant with a wide range of tools that provide real time prices and trading data. Some of the most popular products provided by BVB are: ArenaXT – provides investors with access to the live market data that professional traders rely on. It offers investors real-time, in-depth market information, delivered in a cost-effective and user-friendly way. ON LINE Terminal – provides online trading information based on best prices. ON LINE Quotes – provides online trading information per symbol. Currently BVB provides real time data to, inter alia: Thomson Reuters, Bloomberg L.P., Standard & Poor’s and many others. Opening times Bucharest Stock Exchange trades daily from Monday to Friday. The