ADVISORY, Oct. 21, 2011 (GLOBE NEWSWIRE) --
Bolsa Electrónica de Chile (BEC), the first Latin American exchange to use fully electronic systems to execute its trades, will visit the NASDAQ MarketSite in New York City's Times Square to announce its strategic alliance with NASDAQ OMX.
The strategic alliance will provide BEC with world-class NASDAQ OMX market technology and advisory services for product development and global visibility.
BEC also celebrates 22 years of operation this November, transforming markets in Chile with the implementation of real-time electronic trading.
In honor of the occasion, representatives from BEC will ring The NASDAQ Stock Market Opening Bell.
- Juan Carlos Spencer, CEO of BEC
- Fernando Cañas, Chairman of BEC
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Friday, October 21st, 2011 – 9:15 a.m. to 9:30 a.m. ET
(646) 441-5045 (office)
(347) 740-0191 (mobile)
The Opening Bell is available from 9:20 a.m. to 9:35 a.m. on AMC3 / C20, downlink frequency 4100 vertical. The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Jen Knapp at (212) 401-8916.
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About La Bolsa Electrónica de Chile:
Bolsa Electrónica de Chile (BEC) was created in 1989 and is the first Latin American exchange to use fully electronic systems to execute its trades. Since then, BEC has focused on the development of new products and services for its shareholders and broker-dealers. Until BEC was established, only one exchange controlled the majority of the trades executed in the Chilean market. When BEC began its operations, the market and the investors immediately benefitted. BEC introduced to the market real competition through lower fees, longer trading hours and the development of new trading solutions which transformed the Chilean capital market system. Today, BEC has 41 shareholders and 24 broker-dealers using its systems. In addition, all major banks, pension funds and institutional investors are also active exchange clients, who will all benefit from the new alliance between BEC and NASDAQ OMX.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX first North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).