{{Short description|Romanian stock market index}} {{Use dmy dates|date=April 2026}} {{Infobox financial index | name = Romanian Traded Index | logo = | image = ROTX Historical Graph.svg | image_upright = | caption = Historical logarithmic graph of the ROTX from 2005 to 2026 | foundation = {{Start date and age|2005|3|15|df=y}}<ref name="wiener">{{cite web |title=Launch of the Romanian Index in cooperation |url=https://www.wienerborse.at/en/news/vienna-stock-exchange-news/wiener-boerse-and-bucharest-stock-exchange-launch-the-romanian-index/ |website=Wiener Börse AG |access-date=16 April 2026 |language=en}}</ref> | operator = {{unbulleted list|Bucharest Stock Exchange|Wiener Börse}} | symbol = RTL{{efn|Also traded as ROE (EUR) and ROX (USD).}} | exchanges = | constituents = 14<ref name="composition">{{cite web |title=ROTX USD AT0000600481 INDEX • Composition |url=https://www.wienerborse.at/en/index/rotx-usd-AT0000600481/composition/ |website=Wiener Börse AG |access-date=16 April 2026 |language=en}}</ref> | cap_level = Large-cap | mcap = {{US$|26.7 billion|link=yes}}<ref>{{cite web |title=ROTX USD PRICE • INDEX • AT0000600481 |url=https://www.wienerborse.at/en/index/rotx-usd-AT0000600481/ |website=Wiener Börse AG |access-date=16 April 2026 |language=en}}</ref><br />(as of 16 April 2026) | weighting = Free-float capitalization-weighted | related = {{unbulleted list|BET|BET-TR|BET-XT}} | homepage = {{URL|https://www.wienerborse.at/}} | isin = AT0000600465{{efn|Also tracked as AT0000600473 for Euro and AT0000600481 for U.S. Dollars.}} | reuters = .ROTX{{efn|Also tracked as .ROTXEUR for Euro and .ROTXUSD for U.S. Dollars.}} | bloomberg = ROTXL{{efn|Also tracked as ROTXEUR for Euro and ROTXUSD for U.S. Dollars.}} }}
The '''Romanian Traded Index''' ('''ROTX''') is a stock market index that tracks the performance of the most liquid and actively traded stocks listed on the Bucharest Stock Exchange (BVB).<ref name="wiener"/> The index was developed by the Bucharest Stock Exchange in collaboration with the Wiener Börse and is calculated and disseminated in real time by the latter in euro (EUR), U.S. dollars (USD) and Romanian lei (RON).<ref name="wiener"/>
Unlike the BET index, which is the local benchmark index of the Romanian market, ROTX is designed as a tradable index and can be used as an underlying asset for derivative instruments, including futures contracts and options, as well as structured products like warrants, exchange-traded notes (ETNs) and swaps on international markets.<ref name="wiener"/>
The ROTX also serves as a primary gateway for foreign investors seeking exposure to the Romanian economy.<ref>{{cite web |last1=Zamora |first1=Gabi |title=BVB va lansa indicele ROTX la Bursa de la Viena |url=https://www.curentul.info/economic-financiar/bvb-va-lansa-indicele-rotx-la-bursa-de-la-viena/ |website=Ziarul Curentul |access-date=24 April 2026 |language=ro-RO |date=15 December 2004}}</ref> Because it is disseminated by the Wiener Börse in major global currencies, such as euro and U.S. dollars, it reduces foreign exchange risks for institutional investors. Furthermore, several investment funds, such as the BT Index Romania ROTX, allow investors to gain diversified exposure to the blue chip stocks of the Romanian capital market.<ref>{{cite web |title=BT Index Romania ROTX |url=https://www.btassetmanagement.ro/bt-index-romania-rotx |website=btassetmanagement.ro |access-date=16 April 2026}}</ref>
== History == The index was officially launched on 15 March 2005, with a base value of 1,000 points.<ref name="wiener"/> The partnership between the Bucharest Stock Exchange (BVB) and Wiener Börse was established to increase the visibility of the Romanian capital market among foreign institutional investors, using the technical infrastructure and calculation standards of the CECE Family Index managed by the Wiener Börse.<ref name="wiener"/><ref>{{cite web |title=Șase companii românești, cotate la Viena |url=https://www.wall-street.ro/articol/Finante-Banci/1512/sase-companii-romanesti-cotate-la-viena.html |website=wall-street.ro |access-date=16 April 2026 |language=en}}</ref>
Over the past decade, ROTX has reflected the maturation of capital markets in Romania, benefiting from major listings such as Digi Communications (2017) and Hidroelectrica (2023).<ref>{{cite web |title=Hidroelectrica debuts trading following a jumbo IPO worth EUR 1.9 billion the largest ever from the Bucharest Stock Exchange |url=https://bvb.ro/AboutUs/MediaCenter/PressItem/Hidroelectrica-intra-la-tranzactionare-dupa-incheierea-cu-succes-a-celui-mai-mare-IPO-realizat-la-Bursa-de-Valori-Bucuresti-in-valoare-de-1.9-miliarde-euro/5887 |website=bvb.ro |access-date=16 April 2026}}</ref><ref>{{cite web |title=Premier Energy se listează la Bursa de Valori București, în urma celui mai mare IPO derulat de o companie antreprenorială în ultimii cinci ani; Radu Hanga: Prin listarea Premier Energy, vedem o creștere a reprezentativității sectorului energetic și de utilități la BVB la 66% din capitalizarea totală |url=https://financialintelligence.ro/premier-energy-se-listeaza-la-bursa-de-valori-bucuresti-in-urma-celui-mai-mare-ipo-derulat-de-o-companie-antreprenoriala-in-ultimii-cinci-ani-radu-hanga-prin-listarea-premier-energy-vedem-o-creste/ |website=Financial Intelligence |access-date=16 April 2026 |language=ro-RO |date=28 May 2024}}</ref>
== Methodology == ROTX is a price index, which means that it does not include dividends paid by its constituent companies in the calculation of its value (unlike the total return variant).<ref name="wiener"/> Index constituents are selected based on market liquidity and market capitalization, with weights determined by free float and are intended to be capped at 20% per company to ensure diversification and compliance with UCITS standards.<ref>{{cite web |title=ROTX - Romanian Traded Index |url=https://www.wienerborse.at/en/index/rotx-usd-AT0000600481/?w=profile |website=www.wienerborse.at |access-date=24 April 2026}}</ref> The index composition is reviewed semi-annually, in March and September, by the CEE & CIS Index Committee.<ref>{{cite web |title=Index committee decisions • Vienna Stock Exchange |url=https://www.wienerborse.at/en/indices/index-changes/committee-decisions/#tab-content-17919 |website=Wiener Börse AG |access-date=23 April 2026 |language=en}}</ref> The calculation parameters, including the free-float and representation factors, are updated quarterly.<ref name="wiener"/>
== Composition == {{As of|2026|April|17|df=y|post=,}} the Romanian Traded Index consists of the following 14 companies:<ref name="composition"/>
{| class="wikitable sortable sticky-header" id="constituents" |- !scope="col"| Company !scope="col"| Symbol !scope="col"| Sector (GICS) !scope="col"| Market Cap !scope="col"| Listed since |- !scope="row"| Banca Transilvania | {{BVB|TLV}} | Financials | {{US$|9.6 billion|link=yes}} | 15 October 1997 |- !scope="row"| OMV Petrom | {{BVB|SNP}} | Energy | {{US$|14.55 billion|link=yes}} | 03 September 2001 |- !scope="row"| Hidroelectrica | {{BVB|H2O}} | Utilities | {{US$|16.64 billion|link=yes}} | 12 July 2023 |- !scope="row"| Romgaz | {{BVB|SNG}} | Energy | {{US$|11.09 billion|link=yes}} | 12 November 2013 |- !scope="row"| Transgaz | {{BVB|TGN}} | Energy | {{US$|4.06 billion|link=yes}} | 24 January 2008 |- !scope="row"| BRD – Groupe Société Générale | {{BVB|BRD}} | Financials | {{US$|4.84 billion|link=yes}} | 15 January 2001 |- !scope="row"| Digi Communications | {{BVB|DIGI}} | Communication Services | {{US$|3.30 billion|link=yes}} | 16 May 2017 |- !scope="row"| Electrica | {{BVB|EL}} | Utilities | {{US$|2.36 billion|link=yes}} | 04 July 2014 |- !scope="row"| MedLife | {{BVB|M}} | Health Care | {{US$|1.53 billion|link=yes}} | 21 December 2016 |- !scope="row"| Nuclearelectrica | {{BVB|SNN}} | Utilities | {{US$|5.23 billion|link=yes}} | 04 November 2013 |- !scope="row"| Transelectrica | {{BVB|TEL}} | Utilities | {{US$|1.61 billion|link=yes}} | 29 August 2006 |- !scope="row"| Premier Energy | {{BVB|PE}} | Utilities | {{US$|1.27 billion|link=yes}} | 28 May 2024 |- !scope="row"| Fondul Proprietatea | {{BVB|FP}} | Financials | {{US$|740.2 million|link=yes}} | 25 January 2011 |- !scope="row"| One United Properties | {{BVB|ONE}} | Real Estate | {{US$|794.7 million|link=yes}} | 12 July 2021 |}
==See also== * BET * BET-TR * BET-XT * Bucharest Stock Exchange * Economy of Romania * Foreign trade of Romania * List of companies of Romania * List of stock exchanges * List of stock market indices
== Notes == {{notelist}}
==References== {{Reflist}}
==External links== * [http://www.bvb.ro Bucharest Stock Exchange] * [https://www.wienerborse.at/en/index/rotx-usd-AT0000600481/ ROTX USD on Wiener Börse]
Category:European stock market indices Category:Economy of Romania