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BYMA signed an agreement with NYSE

Bolsas y Mercados Argentinos is the first stock exchange in the region to enter into such an agreement. This will allow local investors to access information from the New York Stock Exchange in real time.

6 min
|
4/1/2020
BYMA signed an agreement with NYSE

BYMA signed an agreement with the New York Stock Exchange (NYSE), the world's largest stock exchange, for the publication and distribution of NYSE data through the NYSE Best Quotes and Trades (NYSE BQT) data feed.NYSE BQT provides unified access to quotes and trades from each of the NYSE markets (NYSE, NYSE American, NYSE Arca, NYSE National and NYSE Chicago). This is the first agreement of its kind between a stock exchange in the region and the NYSE, and BYMA will begin to provide information from the New York Stock Exchange in real time. Investors will have access to a more complete offer of international data including stocks, ETFs and ADRs traded on NYSE, in addition to the local content available. This will be included in the new version of the BYMADATA platform that will be in place from the beginning of April and aims to offer a greater volume and quality of data. The development will include additional content and functionalities that will be incorporated progressively, such as: information on the main Commodities, analysis of Mutual Funds, a more sophisticated technical analysis tool, a new link with Excel in real time, among others. BYMA's President, Ernesto Allaria, commented: "We are proud to enter into this agreement with one of the main players in the market worldwide. These ties contribute to the growth of the local market and allow us to improve the information available for investors' decision making. With this upgrade, BYMADATA becomes one of the most complete products in the market in terms of cost-quality.""We are very excited to begin working with BYMA to provide real-time data on U.S. equities in Argentina, offering a comprehensive view of the market to investors through a single source of information. We look forward to collaborating with BYMA on their BYMADATA platform optimization project," said Cameron McDonald, Head of NYSE Proprietary Data.

This milestone adds to another strategic initiative that BYMA is undertaking to enhance its technology products and standards.

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