BYMA launches new benefits for CEDEARs

In order to meet the needs of the different participants of the capital market and to enhance access to it, BYMA adds new benefits that will apply to the Argentine Certificates of Deposit (CEDEARs).From Friday, 08/14, the minimum trading unit of all CEDEARs authorized for trading will be equivalent to V$N 1 (nominal value one). It should be clarified that for the conversion of such certificates to their respective underlying, it will be necessary to comply with the Equivalence Ratio informed by the issuing agent.- Change of lot size in options on CEDEAR. Currently, options on CEDEAR are traded in lots of V$N 10. Previously they were in lots of V$N 100.- 50% bonus on options rights on CEDEARS: Amazon (AMZN), Apple (AAPL), Barrick Gold (GOLD) and Petrobras (PBR).- Change of lot size in Term for Equity Lots. As of 07/24/2020, the trading unit is 1 lot composed of 100 (one hundred) nominals for shares, 1 lot composed of 10 (ten) nominals for CEDEAR, maintaining 1 lot of 1000 (one thousand) nominals for fixed income marketable securities.- 50% bonus on the rights over the Term for Variable Income Lots.All these developments allow the entry of a greater number of participants to the negotiation of these instruments, promoting more liquidity and lower trading costs due to the lower bid-ask spreads.These initiatives respond to one of BYMA's main purposes: to be a space for doing business. The mission of the Stock Exchange is to bring supply and demand closer together to promote investment and financing.See press release.

See press release.