Significant market share growth for ELANA Trading in 2014

Radoslava Maslarska, ELANA Trading

Radoslava Maslarska, Chairperson of the Board of ELANA Trading

2014 was a year of significant growth in market share for ELANA Trading on the Bulgarian stock market. The broker increased its market position by turnover on the Bulgarian Stock Exchange (BSE) from 2.5% to 9.5% and wrapped up the year as the 4th local broker with BGN 145.9 mln. annual turnover among total 61 local brokers.

By number of deals on the exchange ELANA Trading registered 58% growth compared to results in 2013 and increased market share from 12% to 14%. It made 32 292 deals in 2014 and ranked 2nd among the brokers.

The Bulgarian stock market in 2014 showed a 49% decline in turnover compared to previous year. BGN 774.8 mln. (EUR 396 mln.) was the result and in 2013 the turnover was BGN 1.5 bln. The deals on the market soared in 2014 though with 118 000 in the end of the year compared to 87 000 in 2013.