BYMA Primarias
Explore our new integrated platform, featuring advanced technologies and tools designed to streamline and accelerate the initial offering process, and enhance your investment experience. Be part of this new way of participating in the issuance of marketable securities.
What is BYMA Primarias
BYMA Primarias, BYMA's independent Initial Offering system developed entirely in-house, provides users with all the essential functions and features for primary market operations.
This system grants access to the primary market, enabling users to participate in the bidding of negotiable securities with all the necessary functionalities for this type of operation
Steps to become a Placement agent
Become a Placement Agent on BYMA Primarias and access the market easily. Register and participate in the offerings following simple steps.
Offerings
Explore available primary offerings with key details such as dates, amounts and prospectuses. All the information to take advantage of the primary market.
Calendar
Discover the month's bidding calendar and don't miss any investment opportunity in primary placements.
What types of transactions can be conducted on BYMA Primarias?
The transactions supported by the BYMA Primarias platform can be summarized in tender offerings of:
- Prices
- Negotiable Obligations
- Financial trusts
- Quota shares - Mutual funds
- Actions
- Canjes
- Prices
- Negotiable Obligations
- Financial trusts
- Quota shares - Mutual funds
- Actions
- Canjes
- Prices
- Negotiable Obligations
- Financial trusts
- Quota shares - Mutual funds
- Actions
- Canjes
- Prices
- Negotiable Obligations
- Financial trusts
- Quota shares - Mutual funds
- Actions
- Canjes
Main features of the BYMA Primarias platform:
The entire bidding process takes place through the BYMA Primarias system.
It allows for a consolidated and integrated business. Placement, settlement, listing and trading takes place on BYMA.
It allows the use of different mechanisms: Book Building, Auction or Public Bidding, Subscription, Exchange.
It has a permanent help desk, which provides users, both placers and bidders, with the necessary assistance throughout the process
Differences between Primary and Secondary Markets
Single price: The issuers and investors define the prices of the new securities to be issued.
Variable prices: Prices are determined by supply and demand. They fluctuate depending on market conditions and investor expectations.
Single transactional: Transactions are carried out in securities issued for the first time by companies, government or other entities.
Transaction fluidity: Investors buy and sell securities to each other and the transactions do not directly impact the issuing entity.
Funding source: Companies, the government or other entities offer new securities to registered investors to obtain financing for new projects.
Continuous trading source: Securities previously issued in the primary market are traded.
Why BYMA Primarias?
Tailor-made solutions for the parties involved in the bidding process.
Members
- You will have the opportunity to be part of a consolidated and integrated business. Placement, settlement, listing and trading takes place on BYMA.
- Full functionalities: the system allows you to pre-calculate the cut-off value of the bid, modify variables and estimate the premium.
Placement Agents
- The new system allows the use of different mechanisms: Auction or Public Bidding, subscription, Exchange and Book Building, with automatic or chronological awarding types.
- The platform has permanent help desk support during the whole process, both for underwriters and their subscribers.
- Self-manage your placements: you can now create, edit, parameterize, change the status and add instruments to your placements.
Issuers
- You will have the opportunity to be part of a consolidated and integrated business. It is placed, settled, listed and traded on BYMA.
- Full functionalities: the system allows you to pre-calculate the bid cut-off value, modify variables and estimate the award.