The signed agreement will support the integration of operational processes and business strategies
The Argentine Stock Exchange (BYMA – Bolsas y Mercados Argentinos) and S&P Dow Jones Indices (S&P DJI), one of the world’s leading index providers, today signed a strategic agreement to launch new co-branded Argentine financial market indices.
The signed agreement will support the integration of operational processes and business strategies that will enable the development, licensing, distribution and management of indices measuring Argentina equities.
“In less than a year, BYMA has incorporated world-class technology, increased its trading volume, and provided global visibility to our local market,” said Ernesto Allaria, President, BYMA. “These strategic measures have driven our organization. It is a pleasure today to confirm this agreement with S&P Dow Jones Indices, whereby we join forces in the management of indices (current and future) that will be in line with international standards. This is a testament to our daily efforts to expand the stock market, always striving for excellence.”
“It is an honor to welcome BYMA as the newest member of our international securities exchange network which has been at the forefront of index-based innovation, concepts and research for more than 20 years,” said Alex Matturri, CEO of S&P Dow Jones Indices. “Working alongside our partners, the network serves different regions and asset classes to provide market participants with independent, transparent benchmarks that meet rigorous global standards and implement our partners’ distinguished knowledge of their capital markets.”
A signing ceremony will take place in Buenos Aires on April 25th. Both Messrs. Allaria and Matturri will be in attendance.
For more information about S&P Dow Jones Indices, please visit www.spdji.com.