Regional stock markets aim to sing from the same song sheet

Panama, El Salvador and Costa Rica are working on a project that will harmonize – though not merge – their stock markets.

Wednesday, July 16, 2008

Other countries, including Nicaragua, Colombia and the Dominican Republic, have also shown interest in taking part. The new scheme is expected to come on stream within two or three years.
Roberto Brenes, executive vice-president of the Panama Stock Exchange, said the aim is to integrate negotiations and the information available on traders' screens, but the markets themselves would not be merged.

More on this topic

Stock Exchange Integration

August 2008

The dream of integrating the Latin American stock exchanges grows even stronger, in an attempt to strengthen the markets in these countries.

In order to achieve this objective, the Association of Central American and Caribbean Trade Exchanges will meet starting August 28 to establish the main bases for this process.

Panamanian Stock Market Aims for Regionalization

August 2010

It is looking beyond Central American integration alone to also include South America.

Roberto Brenes, head of Panama's Stock Market (BVP in Spanish), explained that the first step is to merge BVP and LATIN CLEAR, a Panamanian Central Securities Depository which performs Custody, Clearing, Settlement and electronic administration of securities. This is seen as necessary towards regionalization.

Official from Central American Stock Exchanges meet in Panama

October 2008

Exchanges from Costa Rica (BNV), El Salvador (BVES) and Panama (BVP) start a new work session with the hopes of advancing with the integration plan.

Today and tomorrow, managers of the Exchanges will discuss the operational part of the trading platform, the single scree and remote operators, as well as legal and regulatory topics.

Stock Exchange integration on the Isthmus coming soon

August 2008

An integrated Central American Stock Exchange could start to operate next year, said the president of the Panama Stock Exchange

Regulatory and technical obstacles will be resolved, probably in the next few months, clearing the way for a single trading platform for Panama, Costa Rica and El Salvador, said Ricardo Arango in an interview during a conference in Panama City yesterday.

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