BOVESPA May Face Some Competition Soon
Post on March 1, 2014, 5:00 pm by the-victoria-law-group 0 Comments
Like many things in Brazil, if you are on the outside, you are on the outside with little chance of getting in. However, this could be the year that competition returns to the Brazilian stock market as regulators contemplate letting an outsider into the game.
Americas Trading System Brasil — a joint venture between Americas Trading Group (ATG), a Brazil-based electronic trading company that serves key Latin American markets, and NYSE Euronext — is seeking regulatory approval to open Brazil’s second exchange. Think of NASDAQ in Brazil. Could be interesting.
Read Mimi Whitefield’s Miami Herald article here:
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