Participation in the stock exchange auctions

The only way that a legal entity or natural person can participate in a stock exchange auction is through a brokerage house. Purchasers of shares on a state auction can be resident and non-resident, legal entities or natural persons.

The purchased shares in the state auction can be paid only with funds.
 

The person who wants to participate in a state auction as purchaser of public capital, ought to address in a brokerage house to get information about the purchasing procedure, payment instructions and transfer of the ownership rights over securities.

When the transaction is completed, the broker is obligated to inform the client, two days from the settlement day at the latest, emphasizing the price and the quantity of the purchased shares in the auction.