BME strengthens its commitment to Latin America
Bolsa Boliviana de Valores (BBV) and BME have started up a new trading platform for the Latin American venue as part of the market’s upgrade.
The new IT system, called SMART BBV, was designed and developed by BME and supports several markets operated by the Group, including equities and fixed income.
The start-up of SMART BBV helps the Bolivian stock market move forward with the technological and functional upgrade of its markets for financial instruments. BME helped with the roll-out, as well as maintenance and support.
The project strengthens BME’s commitment to Latin American markets in their internationalisation drive. BME has been involved in similar projects over the past few years, implementing IT solutions in Venezuela, Colombia, Chile, México, El Salvador, the Dominican Republic, Ecuador and Uruguay.
Ramón Adarraga, Head of International Coordination at BME, said “Embarking on this ambitious project marks a step forward in our strategy to become the natural partner of Latin America’s stock exchanges and cements our commitment to the region”.
The Market Status informs through quick and easy-to-read notices on incidents affecting the Equity, Derivatives and Fixed Income markets as well as Indices and financial systems operated by BME.
If an issue occurs, the message "TRADING" will change to "MARKET ISSUE" to reflect that a market event has occurred. By clicking on the Issue of the published alert it will be possible to access the information and intraday updates associated with this incident, which will be published immediately.
Note: BME will use its discretion to assign the severity of an incident