The financial shifts encountered on last decade, increase the importance of capital markets in developing countries, such that capital market become an important source of long-term financing. During the time, economic literature and also practitioners recognized the important role of the banking system as a supplier of liquidity in an economy. Despite this, in the last year, the capital market tries to help in diffusing the stresses on the banking system because, it is able to match long-term investments with long-term capital. Through this paper we want to analyze all transactions made on Romanian capital market from 1995 until present. Even if, it is hard to capture all aspects and particularities of all transaction, we want to identify the main patterns encountered on it: person who invest (residents vs non- residents), volume, value, transaction type (sell or buy), market capitalization, financial crisis and other macroeconomic events. In our opinion these are just several variables which can reveal us the real developing stage of Romanian capital market, and future trend, so this is a topic which worth to be deeply analyzed.
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