Mercado Integrado Latinoamericano
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| Mercado Integrado Latinoamericano | |
| Website | mercadomila.com |
|---|---|
The Mercado Integrado Latinoamericano, more commonly known as MILA, is a program that integrates the stock exchange markets of Chile, Colombia, Mexico, and Peru. The three founding members are the Lima Stock Exchange, the Santiago Stock Exchange, and the Colombia Stock Exchange.[2] The integration aims to develop the capital market through the integration of the four countries, to give investors a greater supply of securities, issuers and also larger sources of funding.[3]
MILA is largely a part of economic integration efforts among the Pacific Alliance member countries of Chile, Colombia, Mexico, and Peru. With the successful integration of the Mexican Stock Exchange with the Chilean, Colombian, and Peruvian bourses MILA has become Latin America's largest stock exchange.
Investors are able to access MILA through one of the registered brokers that have access to the common trading platform for buying and selling stocks in any of the three countries. In the same way, the companies participating in MILA have increased availability to capital by means of new investors.[4]
History
In September 2009, an agreement was signed by the Colombia, Chile, and Peru Exchanges, to create a unique market, with the objective to unite the equity trading platforms and in this way concentrate a bigger number of issuers, investors, and intermediaries.[5]
The formal ceremony was held in the location of BVL in Lima. The MILA started officially operations on May 30, 2011 as the second biggest market of Latin America in market capitalization with US$720 billion, and the third largest market in trading volume in the region with US$87,000 million a year.[5]
The Mexican Stock Exchange,
See also
- Colombia Stock Exchange
- Lima Stock Exchange
- Mexican Stock Exchange
- Santiago Stock Exchange
- Pacific Alliance
- The Pacific Pumas
References
- ^ a b http://www.mercadomila.com/home/milanews
- ^ http://www.valoresbancolombia.com/cs/Satellite?c=Page&cid=1259764117829&pagename=ValoresBancolombia%2FVB_TemplateMenuDerecho
- ^ "Integración | Mercado Integrado". Archived from the original on 2012-08-07. Retrieved 2012-09-15.
- ^ "Anuncios y avisos de Venta y alquiler de casas, departamentos, terrenos, oficinas, locales comerciales, en Diario16 Perú".
- ^ a b "Bolsa de Valores de Lima inicia este lunes sus operaciones como parte del Mercado Integrado Latinoamericano | AméricaEconomía - el sitio de los negocios globales de América Latina". Archived from the original on 2013-10-17. Retrieved 2012-09-15.
- ^ a b c Jude Webber (2 December 2014). "Mexico exchange names Sacristán as new head". Financial Times. Retrieved 9 January 2015.
- ^ Peter Kohli. "The Andean Exchange: A Developing Market Opportunity In Our Backyard". Nasdaq. Retrieved 9 January 2015.