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Message: BVL - BVC - OT

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BVL - BVC - OT

posted on Nov 06, 09 12:55PM

A listing on the BVL could end up opening more than just the Peruvian market for PLE... Although these are small markets, this integration could expose PLE to a greater number of investors...

http://www.reuters.com/article/rbssOilGasExplorationProduction/idUSN0450524720091104

Juan Pablo Cordoba "president of Colombia's Stock Exchange BVC.CN" said he is working on an integration of the stock exchanges with Peru and Chile, which would lift investment in each of the markets and encourage more cross-border trading.

"We are all growing but we are still very small. If you have an endogenous growth it will take forever to become much larger," Cordoba said.

"The idea of joining forces with other exchanges of similar size is to immediately raise the profile of the markets, companies listed and exchanges. That should take 12 to 18 months."

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