The Stock Exchange and Stock Market of the Dominican Republic (BVRD) presented the new Sebra HT Trading Platform.
The launch of this platform becomes the first project developed from the strategic alliance between the BVRD and the Santiago de Chile Stock Exchange (BCS), opening the doors to a capital market with greater liquidity, growth and new business opportunities.
In the activity, the mayor of the Stock Market, John Ernest Jimenezexpressed the advances that the sector has presented, which today has an advanced regulation and adapted to the best practices of the Industry that have promoted that initiatives of this magnitude can be carried out.
On your side, Elianne Vilchezexecutive vice president of the BVRD said that the Stock Exchange of Santiago de Chile It is the ideal strategic partner that will allow the Dominican market to be taken to the next level and the development roadmap has been designed.
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“The Stock Exchange of the Dominican Republic, together with the Santiago de Chile Stock Exchange, we have designed the road map for the development of our market for the coming years”, he added.
Andres ArayaCustomer and Business Manager of the Santiago de Chile Stock Exchange, spoke about the institution’s commitment, based on the transfer of Know-howcapacity building, application of best practices and technology for the strengthening, positioning and consolidation of the Dominican market.
The main functionalities of the Trading Platform were exposed in a discussion where the directors of both stock markets.
In their speeches, they presented as relevant topics the price formation mechanisms, which enable a more liquid and deeper market; the business opportunities arising from the implementation of the Sebra HT platform; and the strengthening of the technological infrastructure in compliance with the best standards, in terms of architecture, latency and continuity management for the benefit of the entire financial system.
