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Mexican and Colombian Exchanges Mull Joint Trading

The Colombian and Mexican stock exchanges are negotiating an agreement to list shares from both countries on both exchanges as soon as 2009, the Mexican Stock Exchange operator’s Chairman Guillermo Prieto said. The Mexican stock Exchange operator, Bolsa Mexicana de Valores SAB is not only negotiating with the Bolsa de Valores de Colombia SA but also is discussing similar deals with Peru’s Bolsa de Valores de Lima SA and Brazil’s Bovespa Holding SA, Prieto said. He said the crossed trading will boost the liquidity of the different shares.

Source: FIF International News Stories – Week of 07/21/2008

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