Guatemalan Stock Market Approaches International Market

Amendments to securities regulations are being prepared in order to allow local stock brokers to buying shares of listed companies in developed markets.

Thursday, October 9, 2014

This change in regulations and operational infrastructure will give access to the purchase of shares of international companies listed on stock markets such as New York.

Elperiodico.com.gt reports that "... The project could be ready next year, according to estimates from the National Stock Exchange (BVNSA), because there are operational, tax, and contractual matters as well as connections other markets and sponsorship of emissions which make its implementation complex. "

Julio Suarez, president of the Bank of Guatemala said "... We need to strengthen the mechanism for trading on the secondary market, for that changes to the Securities Market Act have to be approved and then we will work on the necessary infrastructure for the BNVSA and market participants, he added."

More on this topic

Nicaragua: Stock Exchange Transactions Up 30% in 2016

January 2017

Trading volume last year reached $1.526 billion, 30% more than what was traded in 2015.

The repo market accounted for most of the volume traded in the stock market in 2016, with an increase over 2015 of 33%. The volume traded in these instruments was 382 million, while in 2015  $289 million was traded.

Panama: Balboa Securities to be "Reorganized"

July 2016

The stock market authorities have ordered the reorganization of the brokerage firm, after it was included in the US Treasury Department's Clinton List.

Days after the Superintendency of Banks ordered the reorganization of Balboa Bank, the stock market regulator issued a resolution to do the same with the brokerage firm.

Nicaragua: Stock Market Continues to Grow

April 2016

Between January and March $382 million in securities transactions were traded, 45% more than the amount recorded in the same period in 2015.

Data from the National Stock Exchange indicates that in March alone the volume traded by the five exchanges approved in the stock exchange system amounted to $94 million, an increase of 136% over the same month of 2015.

Guatemala: New Brokerage Firm

March 2015

Approval has been given to the start of operations of Casa de Bolsa de los Trabajadores, a subsidiary of Grupo Financiero de los Trabajadores.

The stock broker will focus on both corporate and individual clients , and in a first stage, "... in electronic repo transactions, but will also venture into the sale of treasury bonds on the secondary market."

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