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BYMA and S&P Dow Jones Indices sign agreement to launch indexes

6 min
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23/3/2018
BYMA and S&P Dow Jones Indices sign agreement to launch indexes

BYMA Bolsas y Mercados Argentinos S.A. and S&P Dow Jones Indices (S&P DJI), one of the world's leading index providers, signed today a strategic agreement to launch new co-branded indexes for the Argentine financial market.The agreement will support the integration of operational processes and business strategies that will enable the development, licensing, distribution and administration of indexes that measure the performance of Argentine stocks. "BYMA, in less than a year, has included world-class technology, expanded the volume of operations and provided international visibility to our market," said Ernesto Allaria, President of BYMA. "These strategic actions have boosted our organization. Today it is a satisfaction to confirm this agreement with S&P joining forces in the management of indices (current and new) that will be in line with international regulatory standards. This agreement is a testament to our daily efforts to expand the Argentine capital market, always aimed at achieving excellence.""It is an honor to welcome BYMA as our newest member in our international network of alliances we have with Stock Exchanges, which have been at the forefront of index-based innovation and research for more than 20 years," said Alex Matturri, CEO of S&P Dow Jones Indices. "In collaboration with our partners, the alliance network assists different regions and asset classes in order to provide market participants with independent and transparent benchmarks that meet rigorous international standards and apply the recognized knowledge that our partners possess about their respective local markets." A signing ceremony for the agreement will be held in Buenos Aires on April 25. It will be attended by Ernesto Allaria, President of BYMA and Alex Matturri, CEO of S&P Dow Jones Indices. For more information about S&P Dow Jones Indices, please visit our website www.spdji.com.See Press Release.

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