Bolsa de Valores de Colombia (BVC) Extends Trading Technology Contract with Nasdaq
(Thomson Reuters ONE) -
BVC marketplace to implement major modifications to trading engine, which
operates multi-asset classes and multi-currency trading
NEW YORK and BOGOTÁ, Colombia, July 28, 2016 (GLOBE NEWSWIRE) -- Nasdaq,
Inc.(Nasdaq:NDAQ) and the Bolsa de Valores de Colombia (BVC) today announced the
extension of their current trading technology contract for an additional seven
years. This extension is part of BVC's ongoing initiative to continue
strengthening its position in both the regional and international exchange
arena.
The upgraded Nasdaq matching engine, X-stream INET Trading, further enhances the
Colombian capital market by supporting new asset classes and providing more
efficient MILA connectivity, which integrates the stock exchange markets of
Chile, Colombia, México and Perú, as well as the throughput needed to manage the
increase in volumes. X-stream Trading is deployed in more than 35 markets,
making it the most widely used marketplace system in the world.
"By extending our relationship with Nasdaq, this is a vote of confidence to our
investors, partners and region that we're serious about deploying the most
powerful, robust trading technology in the world," said Juan Pablo Córdoba,
President of BVC. "We're thrilled to be using a platform that allows us to
conform to international standards thus making our equity and derivatives
markets attractive to foreign and domestic investors, and continue to grow our
business and Colombia's position as a financial capital in Latin America."
"We have supported BVC since 2007 and are thrilled to continue this relationship
in the years to come," said Lars Ottersgård, Executive Vice President and Head
of Market Technology, Nasdaq. "Over the past decade, BVC has rapidly grown its
presence and prestige as one of the most formidable exchanges in the Americas.
By providing the technology that fuels their trading engine we are greatly
invested in the success, performance and resiliency of BVC and very proud of
this ongoing accomplishment."
Nasdaq's exchange technology, including trading, clearing, CSD and market
surveillance systems, is in operation in over 100 marketplaces across the
Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.
About BVC
Bolsa de Valores de Colombia (BVC:CB) BVC is a multi-product and multi-market
Exchange that provides specialized technology solutions to the financial sector,
market data and assets valuation. Also manages the trading and registration
systems for fixed income, equities derivatives, FX, OTC and listing services. It
also has presence in the whole stock-market industry value chain through its
shareholdings in the Central Securities Depository (Deceval), Central
Counterparty Risk Clearing House (CRCC) and in the FX Clearing House (CCDC). To
learn more, visit: en.bvc.com.co
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange
technology, listing, information and public company services across six
continents. Through its diverse portfolio of solutions, Nasdaq enables customers
to plan, optimize and execute their business vision with confidence, using
proven technologies that provide transparency and insight for navigating today's
global capital markets. As the creator of the world's first electronic stock
market, its technology powers more than 70 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to more than 3,700
listed companies with a market value of approximately $9.3 trillion and more
than 17,000 corporate clients. To learn more,
visit: nasdaq.com/ambition or business.nasdaq.com
NDAQG
For Media Inquiries:
Nasdaq:
Ryan Wells
ryan.wells(at)nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nasdaq via GlobeNewswire
[HUG#2031421]
Unternehmensinformation / Kurzprofil:
Datum: 28.07.2016 - 15:02 Uhr
Sprache: Deutsch
News-ID 486064
Anzahl Zeichen: 4847
contact information:
Town:
New York
Kategorie:
Business News
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