The Colombia Stock Exchange (BVC), the country’s sole marketplace for equities and fixed income, in September will ramp up its derivatives offerings with a new trading platform from Nasdaq OMX Group.
The move is part of the exchange’s efforts to become an alternative to the recently formed BM&F Bovespa and the Mexican Stock Exchange-Latin America’s largest market centers-for international investors. “We are building momentum now,” says Juan Pablo Cordoba, chief executive of BVC, which was created through a 2001 merger of the Bogota, Cali and Medellin exchanges. “We are developing our business to meet international standards and to be more competitive.”
Source: Securitiesindustry.com 29.07.2008
Filed under: Colombia, Exchanges, FIX Connectivity, News, Trading Technology, BMV Bolsa Mexicana de Valores, BOVESPA, BVC Bolsa de Valores de Colombia, Colombia, Derivatives, Exchanges, Latin America, Mexico
