Brokers in RS Must Offer E-Trading Service

Broker companies in Republika Srpska will have to offer investors the possibility of entering orders online on the Banja Luka market.

The Serb entity of Republika Srpska’s bonds committee has said the RS capital market will be the first in the region to make the e-trading service for brokers mandatory, Investitor.ba writes. 

Analysts hail new regulations 

Practice so far has shown that orders were usually given through personal contact of clients with brokers, while larger investors used the telephone, fax and e-mail.

Analysts are welcoming the new regulations, stating that orders for trading have been backlogged due to the lack of promptness of brokers, but also due to the privileged status of certain large investors, whose orders are being entered out of their turn.