TECO 804.indd - Total Trading

Transcription

TECO 804.indd - Total Trading
���
��
��
��
������
�������
��������
���������
��������
�����
�������������
��������������������������������
��������������������������������
����������������������������������
TOTAL TRADING
www.totaltrading.ro
Calea Bucure[ti nr. 89A, 077017 S`ftica, ILFOV
Tel: 021.352.24.06; 352.24.07 Fax: 021.314.15.42
Mobil: 0724.579.807 e-mail: [email protected]
�����������������������������������������������������������������������������
(1
(OHFWURQLFZKHHODOLJQHUEDVHGRQ:LQGRZV;33URIHVVLRQDOVRIWZDUHSODWIRUPVXLWDEOHWRSHUIRUPZKHHODOLJQPHQWDGMXVWPHQWVIRUFDUV
DQGOLJKWFRPPHUFLDOYHKLFOHV7(&2LVHTXLSSHGZLWK&026PHDVXULQJKHDGVZLUHOHVVGDWDWUDQVPLVVLRQV\VWHPZKHHOHG
FDELQHWIRUHDV\VKLIWLQJLQVLGHWKHZRUNLQJDUHDSULPDU\GDWDEDQNFRPSRVHGRIPRUHWKDQYHKLFOHVDQGSURIHVVLRQDODOLJQPHQW
VRIWZDUH7KHZKHHODOLJQHULVDOVRDYDLODEOHLQ7(&2(YHUVLRQHTXLSSHGZLWKRQO\PHDVXULQJKHDGV
)5
$SSDUHLOJªRPªWULHªOHFWURQLTXHDYHFWHFKQRORJLHGHPHVXUH¡VHQVHXUV&026VXUSODWHIRUPHVRIWZDUH:LQGRZV;33URIHVVLRQDO
HWFRQ¨XSRXUOHUªJODJHGHVDQJOHVGHJªRPªWULHGHYRLWXUHVHWYªKLFXOHVFRPPHUFLDX[OªJHUV/ĬDSSDUHLOJªRPªWULH7(&2
HVWªTXLSªDYHFW«WHVGHPHVXUHOªJHUVHWFRPSDFWVV\VW©PHGHWUDQVPLVVLRQGRQQªHVZLUHOHVVFDELQHWDYHFURXHVSRXU
GªSODFHPHQWUDSLGHGDQVOD]RQHGHWUDYDLOEDQTXHGHGRQQªHVSULPDLUHFRPSRVªHSDUSOXVGHYªKLFXOHVHWVRIWZDUH
JªRPªWULHSURIHVVLRQQHO'LVSRQLEOHDXVVLHQYHUVLRQ7(&2(DYHFVHXOHPHQWW«WHVGHPHVXUH
,7
$OOLQHDWRUHUXRWHFRPSXWHUL]]DWRLQDPELHQWH:LQGRZV;3GRWDWRGLWHFQRORJLDGLPLVXUDWUDPLWHVHQVRUL&026SHULOULOHYDPHQWR
HGLOFDOFRORGLWXWWLJOLDQJROLGLDVVHWWRGLDXWRHYHLFROLFRPPHUFLDOLOHJJHULHVLVWHPDWUDVPLVVLRQHGDWLZLUHOHVV/ĬDOOLQHDWRUH
7(&2©HTXLSDJJLDWRGLWHVWLQHGLPLVXUDOHJJHUHHPDQHJJHYROLPRELOHFDUUHOODWRSHUXQDIDFLOHPRYLPHQWD]LRQHDOOĬLQWHUQR
GHOOĬDUHDGLODYRUREDQFDGDWLSULPDULDFRPSUHQVLYDGLROWUHYHLFROLHVRIWZDUHGLDOOLQHDPHQWRSURIHVVLRQDOHFRPSOHWRGL
SURJUDPPDDOWH]]HWHODLR/ĬDOOLQHDWRUH©GLVSRQLELOHDQFKHQHOODYHUVLRQH7(&2(FRQVROLULOHYDWRULGLPLVXUD
%
(
&
'
$
)
(1
$
0($685,1*7(&+12/2*<
0HDVXULQJWHFKQRORJ\RIDOLJQ
PHQW FKDUDFWHULVWLF DQJOHV E\
PHDQVRI&026PHDVXULQJ
KHDGV SDUWLFXODUO\ OLJKW DQG
HDV\WREHSODFHGLQRSHUDWLRQ
KDYLQJZHLJKWRI.JOEV
7UDQVPLVVLRQ GDWD V\VWHP ZL
UHOHVVZLWK5DGLR*+]
)5
7(&+12/2*,('(0(685(
7HFKQRORJLH GH PHVXUH GHV
DQJOHV GH JªRPªWULH DYHF
VHQVHXUV &026 ¡ OĬLQIUDURX
JH SDUWLFXOL©UHPHQW OªJHUV HW
FRPSDFWV D\DQW SRLGV GH .J /D WUDQVPLVVLRQ GH GRQ
QªHV ¡ OĬXQLWª FHQWUDOH HVW ZL
UHOHVVYLD5DGLR*+]
,7
7(&12/2*,$',0,685$
,OVLVWHPDGLPLVXUDGHJOLDQ
JROLGLDVVHWWRDYYLHQHWUDPLWH
VHQVRUL&026QHOOĬLQIUDURVVR
SDUWLFRODUPHQWHOHJJHULHPD
QHJJHYROL DYHQWL SHVR GL .J,OVLVWHPDGLWUDVPLVVLRQH
GDWL © ZLUHOHVV WUDPLWH 5DGLR
*+]
%
(1
$/,*10(17 62)7:$5( 3URIHVVLRQDO DOLJQPHQW VRIWZDUH FRPSOHWH ZLWK DQ HDV\WRXVH DQG LQ
WXLWLYH XVHU LQWHUIDFH WR SUHYHQW RSHUDWRUV IURP PDNLQJ HUURUV GXULQJ WKH GLIIHUHQW ZRUNLQJ SKDVHV
3RVVLELOLW\WRFXVWRPL]HGLVSOD\NH\IXQFWLRQVDQGODQJXDJHV
)5
62)7:$5('(&21752/(*(20(75,(6RIWZDUHGHFRQWUµOHJªRPªWULHSURIHVVLRQQHOFDUDFWªUL
VªSDUXQHLQWHUIDFHRSHUDWHXULQWXLWLYHHWHIŎFDFHSRXUªYLWHUGĬLQGXLUHHQHUUHXUOĬXWLOLVDWHXUSHQGHQW
OHVGLIIªUHQWHVSKDVHVGHWUDYDLO3RVVLELOLWªGHFXVWRPLVHUGLVSOD\HWODQJXHV
,7
62)7:$5(',$//,1($0(1723URJUDPPDFRPSOHWRGLDOOLQHDPHQWRSURIHVVLRQDOHFRQLQWHUIDF
FLDXWHQWHFKLDUDHGLQWXLWLYDSHUHYLWDUHGLLQGXUUHOĬRSHUDWRUHLQHUURUHGXUDQWHOHYDULHIDVLGLODYRUR
3RVVLELOLW¡GLSHUVRQDOL]]DUHOLQJXDGLVSOD\HWDVWLIXQ]LRQH
(1
'$7$%$1.7KHSULPDU\GDWDEDQNLVFRPSRVHGRIPRUHWKDQYHKLFOHVDGHTXDWHO\VXEGLYL
GHGLQWRGLIIHUHQWJHRJUDSKLFDODUHDVIRUHDV\GDWDVHDUFKLQJ$YDLODEOHDOVRDVHFRQGDU\GDWDEDQN
WREHPDQDJHGDQGFXVWRPL]HGGLUHFWO\IURPWKHXVHU
)5
%$148('('211((6/DEDQTXHSULPDLUHGHGRQQªHVHVWIRUPªHGHSOXVGHYªKLFXOHVTXL
VRQWGLYLVªVSDU]RQHJªRJUDSKLTXHSRXUIDFLOLWªGHUHFKHUFKHHWFRQVXOWDWLRQ'LVSRQLEOHDXVVLXQH
EDQTXHGHGRQQªHVVHFRQGDLUH¡«WUHJªUªHGLUHFWHPHQWSDUOĬXWLOLVDWHXU
,7
%$1&$ '$7, 'LVSRQLELOL XQD EDQFD GDWL SULQFLSDOH FRVWLWXLWD GD ROWUH YHLFROL VXGGLYLVL SHU
DUHDJHRJUDŎFDSHUIDFLOLW¡GLFRQVXOWD]LRQHHGXQDEDQFDGDWLVHFRQGDULDJHVWLELOHHSHUVRQDOL]]DELOH
GLUHWWDPHQWHGDOOĬRSHUDWRUH
(1
581287 &203(16$7,21 352*5$06 $YDLODEOH GLIIHUHQW SURJUDPV WR FRPSHQVDWH UXQRXW
SUREOHPV DQG SRVVLEOH PLVWDNHV FDXVHG E\ DQ LQFRUUHFW FRXSOLQJ EHWZHHQ ULP DQG FODPS SRLQW
52&E\URWDWLQJWKHFODPSRIqDQGSXVKPRGH52&ZKLFKHOLPLQDWHVWKHQHHGWROLIWWKHYHKLFOH
)5
352*5$00(6 '(92,/$*( 'LVSRQLEOHV SURJUDPPHV GH GªYRLODJH SRXU FRPSHQVHU LPSHUIHFWLRQV
JªRPªWULTXHVGHODURXHRXSRVVLEOHVHUUHXUVGHDFFRXSOHPHQWHQWUHJULIIHHWMDQWHGªYRLODJH¡SRLQWV
DYHFXQHURWDWLRQGHODJULIIHGHqHW52&HQSRXVVªHTXLYDªOLPLQHUODQªFHVVLWªGHVRXOHYHUOHYªKLFXOH
,7
352*5$00,',&203(16$=,21(581287'LVSRQLELOLWLSRORJLHGLSURJUDPPL52&SHUFRP
SHQVDUHHUURULGLUXQRXWGHOODUXRWDHSRVVLELOLLPSHUIH]LRQLGLDFFRSSLDPHQWRJUDIIDFHUFKLRQH52&
DSXQWLUXRWDQGRODJUDIIDGLqH52&DVSLQWDFKHHOLPLQDODQHFHVVLW¡GLVROOHYDUHOHUXRWH
(1
32:(5 6833/< 6<67(0 SRZHU VXSSO\ V\VWHP E\ PHDQV RI FRPPHUFLDOO\ DYDLODEOH W\SH $$
UHFKDUJHDEOHEDWWHULHVZLWKUHFKDUJHUGHYLFHLQWHJUDWHGRQFDELQHW(PHUJHQF\FDEOHVDUHDOVR
DYDLODEOHRQGHPDQG
)5
6<67(0($/,0(17$7,216\VW©PHDOLPHQWDWLRQDYHFEDWWHULHVFRPPHUFLDOHVUHFKDUJHDEOHVGHW\SH$$
HWGLVSRVLWLIGHUHFKDUJHLQWªJUªVXUFDELQHWGHOĬDSSDUHLOJªRPªWULH'LVSRQLEOHVVXUGHPDQGHDXVVLOHVF£EOHV
GĬªPHUJHQFH
,7
6,67(0$ $/,0(17$=,21( 6LVWHPD DOLPHQWD]LRQH WUDPLWH EDWWHULH ULFDULFDELOL FRPPHUFLDOL
GLWLSR$$FRQGLVSRVLWLYRGLULFDULFDLQWHJUDWRVXPRELOHFDUUHOODWR'LVSRQLELOLVXULFKLHVWD
DQFKHLFDYLGLHPHUJHQ]D
(1
23(5$7,9( *5$3+,& *8,'$1&( 352*5$0 237,21$/ $YDLODEOH RQ GHPDQG D JXLGDQFH SUR
JUDPWRVXSSRUWWKHXVHUZLWKDQHDV\WRXQGHUVWDQGJUDSKLFDVVLVWDQFHRQRSHUDWLQJIXQFWLRQVDQGZRUN
ŏRZYLVXDOL]DWLRQ
)5
352*5$00(*8,'(*5$3+,48(23(5$7,9(237,211(/'LVSRQLEOHVXUGHPDQGHXQHSURJUDPPH
GHJXLGHJUDSKLTXHRSªUDWLYHVLPSOHHWHIŎFDFHSRXUDVVLVWHUOĬXWLOLVDWHXUSHQGDQWWRXWHVOHVGLIIªUHQWHVSKD
VHVGHUªJODJHGHVDQJOHV
,7
352*5$00$*8,'$*5$),&$23(5$7,9$23=,21$/('LVSRQLELOHVXULFKLHVWDXQSURJUDP
PDGLDQLPD]LRQHJUDŎFDFKHUDSSUHVHQWDXQXOWHULRUHXWLOHHGLPPHGLDWRVWUXPHQWRGLVXSSRUWRSHU
OĬRSHUDWRUHGXUDQWHWXWWHOHIDVLGLUHJLVWUD]LRQHGHJOLDQJROLGLDVVHWWR
&
'
(
)
:KHHO$OLJQHU
$SSDUHLO*pRPpWULH
$VVHWWR5XRWH
2YHUDOOGLPHQVLRQV
+PD[PP´
/PD[PP´
:PD[PP´
7(&+1,&$/'$7$'211((67(&+1,48(6'$7,7(&1,&,
5DGLR*+]
'$7$75$160,66,216<67(0
6<67(0(75$160,66,21'211((6 6,67(0$75$60,66,21('$7,
$1*/(0($685,1*6<67(0
',6326,7,)0(685($1*/(6
6,67(0$0,685$$1*2/,
23(5$7,1*6<67(0
6<67(0(23(5$7,)
6,67(0$23(5$7,92
$/,*10(1735(&,6,21
35(&,6,21'(0(685(
35(&,6,21(',$//,1($0(172
727$/72(
3$5$//(/,60(727$/
&219(5*(1=$
“ƒ
&$0%(5
&$55266$*(
&$03$1$785$
“ƒ
&$67(5
&+$66(
,1&,'(1=$
“ƒ
.,1*3,1
3,927'()86((
,1&/,1$=,21(3(512)862
“ƒ
6(7%$&.
6(7%$&.
',6$66$0(172
“ƒ
673±,QNMHWSULQWHUFRPSOHWHZLWK86%FDEOH
7+5867$1*/(
$1*/('(32866((
$1*2/2',63,17$
“ƒ
.&±&DOLEUDWLRQIUDPHIRUPHDVXULQJKHDGV
67((5,1*$1*/(
$1*/('(%5$48$*(
$1*2/2',67(5=$7$
“ƒ
'$7$%$1.
%$148('('211((6
%$1&$'$7,
!
&350 ± 3DLU RI WXUQWDEOHV IRU FDU VWHHULQJ
PHDVXUHPHQWKDYLQJPD[FDSDFLW\RI7OEV
32:(56833/<
$/,0(17$7,21
$/,0(17$=,21(
9SK
&(0±$X[LOLDU\HPHUJHQF\FDEOHV
12,6(/(9(/
1,9($862125(
/,9(//2',5802526,7$
&(175$/81,7:(,*+7
32,'681,7(&(175$/(
3(6281,7$&(175$/(
&026
:LQ;3(PEHGGHG
ƒ
237,21$/$&&(6625,(6
$6±6HWRIVWDQGDUGSRLQWFODPSVIRUFDUVKDYLQJ
FDSDFLW\IURP´WR´
$5±6HWRIVWDQGDUGSRLQWVHOIFHQWHULQJ³1RU
5RF´FODPSVIRUFDUVKDYLQJFDSDFLW\IURP´WR´
$6 ± 6HW RI VWDQGDUG SRLQW FODPSV IRU FDUV
KDYLQJFDSDFLW\IURP´WR´
“G%$
.JOEV
&%(±([WHUQDOEDWWHU\FKDUJHURQO\IRUZLUHOHVV
'$7$%$1.±&DUDQGWUXFNGDWDEDQNXSGDWH
$&&(662,5(6237,211(/6
$6±-HXGHJULIIHVVWDQGDUGjSRLQWVSRXUYRLWX
UHVDYHFFDSDFLWpGH´j´
$5±-HXGHJULIIHV³1R5RF´jSRLQWVSRXUYRL
WXUHVDYHFFDSDFLWpGH´j´
$6±-HXGHJULIIHVVWDQGDUGjSRLQWVSRXUYRL
WXUHVDYHFFDSDFLWpGH´j´
673±,PSULPDQWHFRPSOqWHDYHFFkEOH86%
$&&(6625,(6$&&(662,5(6$&&(6625,
.&±8QLWpGHFDOLEUDWLRQSRXUWrWHVGHPHVXUH
$6
[
[
%)
%67
$6
673
017
&350±-HXGHSODWHDX[SLYRWDQWVSRXUYRLWXUHV
D\DQWFDSDFLWpPD[LGH7
&(0±&kEOHVDX[LOLDLUHVG¶pPHUJHQFH
&%( ± &KDUJH EDWWHULHV H[WHUQH VHXOHPHQW SRXU
ZLUHOHVV
'$7$%$1.±0LVHjMRXUEDQTXHGHGRQQpHV
67$1'$5'
237,21$/
)RURWKHURSWLRQDODFFHVVRULHVUHIHUWRVHSDUDWHFDWDORJXH
$5
$6±6HULHGLJUDIIHDXWRDSXQWHDYHQWLFDSDFLWj
GD´D´
.&
&33
[
&350
[
/37
$5±6HULHGLJUDIIHDXWRFHQWUDQWL³1R5RF´DXWR
DSXQWHDYHQWLFDSDFLWjGD´D´
[
$6±6HULHGLJUDIIHDXWRDSXQWHDYHQWLFDSD
FLWjGD´D´
673±6WDPSDQWHDJHWWRGLLQFKLRVWUR
237,21$/
)RURWKHURSWLRQDODFFHVVRULHVUHIHUWRVHSDUDWHFDWDORJXH
$XWRPRWLYH(TXLSPHQW
[
$&&(6625,23=,21$/,
7(&2VUO
9LD3LROD7RUUH&RUUHJJLR5(,WDO\
7HO)D[
:HEVLWHZZZWHFRLWZZZWHFRUXVUX
(PDLOWHFR#WHFRLW
7HFRUHVHUYHVWKHULJKWWRPDNHDQ\PRGL¿FDWLRQWRLWVPDFKLQHVDWDQ\WLPHZLWKRXWSULRUQRWLFHRUREOLJDWLRQ
.&±7HODLRGLFDOLEUD]LRQHSHUOHWHVWLQHGLULOHYD
]LRQH
&350±&RSSLDGLSLDWWLURWDQWLSHUODPLVXUDGHOOD
VWHU]DWDPDVVLPDDXWRDYHQWLFDSDFLWjGL7
&(0±&DYLDXVLOLDULGLHPHUJHQ]D
&%(±&DULFDEDWWHULHHVWHUQRVRORSHUZLUHOHVV
%$1&$ '$7, ±$JJLRUQDPHQWR EDQFD GDWL DXWR H
FDPLRQ

Documents pareils

TECO 812.indd

TECO 812.indd WXLWLYH XVHU LQWHUIDFH WR SUHYHQW RSHUDWRUV IURP PDNLQJ HUURUV GXULQJ WKH GLIIHUHQW ZRUNLQJ SKDVHV 3RVVLELOLW\WRFXVWRPL]HGLVSOD\NH\IXQFWLRQVDQGODQJXDJHV

Plus en détail

TECO 812.indd

TECO 812.indd (OHFWURQLFZKHHODOLJQHUEDVHGRQ:LQGRZV;33URIHVVLRQDOVRIWZDUHSODWIRUPVXLWDEOHWRSHUIRUPZKHHODOLJQPHQWDGMXVWPHQWVIRUFDUV OLJKWFRPPHUFLDOYHKLFOHVDQGXVLQJRSWLRQDOVRIWZDUHDQGDF...

Plus en détail