New Securities Broker in Panama

Plus Capital Market Inc. has begun operations in the Panamanian market after being approved by the country's National Securities Commission.

Wednesday, August 25, 2010

The National Securities Commission approved the company's request on 12 March with License Number 77-2010.

"Plus Capital Market Inc. is a Securities Broker dedicated to providing innovative services tailored to investors' requirements and needs with strict adherance to legal regulations and ethical standards," reports Pa-digital.com.

More on this topic

Colombian Group Buys Panamanian Brokerage Firm

March 2014

Global Securities Group has signed a purchase agreement with the brokerage firm PanAmerica Capital for an undisclosed amount.

The investment banking and fund management group from the USA, Global Securities Group, signed an agreement to make the purchase through Global Securities Colombia, which is the main shareholder.

Costa Rica: Banking and Government Compete for Money

January 2012

The increased demand for bank credit from consumers and businesses plus the financing needs of the government, is putting pressure on the capital market and interest rates.


The competition for liquidity can be seen in the activity of the National Stock Exchange, where the amounts being released on the exchange are increasing because of the concurrence of the state banks - Banco de Costa Rica, Nacional and Popular, and of private banks like Scotiabank, and by other entities such as Grupo Mutual y la Compañía de Fuerza y Luz.

Panamanian Securities Market Grows, Becomes More Foreign Owned

January 2010

In 2009, the market traded almost $44 billion, 34% more than the volume traded in 2008.

At present, there are 52 stock brokers operating in the country. Most of the new entrants in 2009 were foreign-owned operations.

Juan Martans, President of the National Securities Commission (CNV), explained to Prensa.com that "international transactions account for the largest share of traded volume.

Venezuelan Capital Attracted by Panama

September 2009

So far this year, Panama's Securities Commission (CNV) has authorized the operation of 6 brokerage houses from Venezuela.

Alejandro Abood, from the CNV, explained there are currently 12 operation requests being considered, 7 of them of Venezuelan origin.

"In 2009, the defining trend for Panama's economy is the massive influx of Venezuelan capital, and the securities market is profiting from this movement", reports Prensa.com. "There is an important migratory factor that cannot be ignored, argues Abood".

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