The world’s largest exchange company Nasdaq OMX Group (Nasdaq) has formed a strategic alliance with Latin American exchange Bolsa Electronica de Chile (BEC) to offer its market technology, exchange trading and advisory services for product development and global visibility. BEC and its members will experience improvement in performance, latency and throughput capacity by shifting to Nasdaq’s exchange technology.
Nasdaq will advise BEC on cross-listing of shares, development of new indices and enhancement of prevailing indices. It will also help start a case study to create peso-dollar futures for trading on Nasdaq bourses. Nasdaq will also offer global visibility resources for promotion and marketing.
Click here for the release from Nasdaq OMX.