Number Of Brokers Declines Year After Year, Turnovers Too

06.27.2013 By Andrei Chirileasa

The turnover of Romanian brokerages fell 20% last year, and 24 of the 25 firms that published their results had operating losses, i.e. their functioning costs were higher than the fees they collected from clients for brokering financial transactions.

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Keywords:
brokers
, turnover