Citibank Costa Rica Eliminates Stock Brokerage Services
From August 31 onwards the entity will no longer provide stock brokerage services.
Thursday, August 27, 2009
“The stock broker was named 'Citi Valores Accival'. This brokerage began operations in 1988 under the name 'BFA Valores'. On March 6, 2000, it changed its name to 'Valores Cuscatlán Puesto de Bolsa', and in 2008, Citivalores and Cuscatán merged, becoming 'Citi Valores Accival'”, reports Nacion.com.
In 2009, the market traded almost $44 billion, 34% more than the volume traded in 2008.
The stock brokerage firm, Corredores Asociados, will open an office in Panama City in October.
For breaching the Securities Market Law an order has been given to indefinitely suspend the operations of the brokerage firm FDG Wealth Management.
Plus Capital Market Inc. has begun operations in the Panamanian market after being approved by the country's National Securities Commission.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar