Using a web platform with key information from all of the markets in the region and the Dominican Republic, Central American stock exchanges propose reviving the plan to create a truly integrated regional market.
Once again authorities at stock exchanges in Central American countries and the Dominican Republic have put back on the table the plan to integrate the stock markets in each each country into a single regional one.
Organized by the Panamanian Stock Exchange, the event will be held on 19 August in the country's capital.
The forum will take place in the Hotel Sheraton's Great Hall in Panama City.
Participating organizations include the major publicly traded companies from Panama and Central America who will present their financial results and growth forecasts.
The audience will be made up of 400 investors, financial instutions and administrators from the capital, giving people the opportunity to learn about the region's markets and network with its key players.
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.
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.
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. Sources for Americaeconomnica.com said that the agreement will bring development to the region's businesses which will also spread to the commercial sector.
The Panama branch of the International Bank of Costa Rica (BICSA) has made a public offer of corporate bonds worth $100 million.
The listing and negotiation of these bonds has been authorized by the Panama Stock Exchange (BVP) and the National Stock Commission of Panama, however this authorization does not imply a recommendation or opinion of these stocks or the issuer, indicated a press release from the BVP.