NewsWhore
08-31-2011, 05:30 PM
The 38th General Assembly and Annual Meeting of the Ibero-American Stock Exchanges (FIAB) is set to take place 18-20 September at the Hard Rock Hotel in Punta Cana. The presidents and chief executives of all Latin American, Spanish and Portuguese stock exchanges are attending the event that seeks to share experiences for better efficiency and yield of the bourses, announced Darys Estrella Mordan, executive vice president.
Estrella also announced the start on Thursday, 1 September of the E-Bond, an electronic bond trading platform, provided by the Bloomberg financial services company, making it easier for small investors to participate in the bonds market.
Today, anyone with RD$1,000 can invest in the Dominican Republic Stock Exchange (BVRD) that primarily handles commercial paper. The bonds mechanism is a major financier of local companies.
Estrella explained that the volume of operations is RD$56.29 billion this year, up from RD$40 billion in all of 2010. She recalled in the past the minimum was RD$700,000 and called it the democratization of stock exchange investing in recent years. The new e-bond trading mechanism is expected to increase transactions.
The stock exchange operates by issuing bonds where investors can place money for a period of months and at term they have the option to get the money back and the gains.
For a discussion on the stock exchange here, see www.dr1.com/forums/dr-debates/70825-recession-2008-impact-dr-280.html (http://www.dr1.com/forums/dr-debates/70825-recession-2008-impact-dr-280.html)
www.bolsard.com/app/do/frontpage.aspx (http://www.bolsard.com/app/do/frontpage.aspx)
More... (http://www.dr1.com/index.html#3)
Estrella also announced the start on Thursday, 1 September of the E-Bond, an electronic bond trading platform, provided by the Bloomberg financial services company, making it easier for small investors to participate in the bonds market.
Today, anyone with RD$1,000 can invest in the Dominican Republic Stock Exchange (BVRD) that primarily handles commercial paper. The bonds mechanism is a major financier of local companies.
Estrella explained that the volume of operations is RD$56.29 billion this year, up from RD$40 billion in all of 2010. She recalled in the past the minimum was RD$700,000 and called it the democratization of stock exchange investing in recent years. The new e-bond trading mechanism is expected to increase transactions.
The stock exchange operates by issuing bonds where investors can place money for a period of months and at term they have the option to get the money back and the gains.
For a discussion on the stock exchange here, see www.dr1.com/forums/dr-debates/70825-recession-2008-impact-dr-280.html (http://www.dr1.com/forums/dr-debates/70825-recession-2008-impact-dr-280.html)
www.bolsard.com/app/do/frontpage.aspx (http://www.bolsard.com/app/do/frontpage.aspx)
More... (http://www.dr1.com/index.html#3)