OMX will be the system provider for the license, customization, implementation and support of Bolsa de Valores de Colombia’s (BVC) new trading system, which will be used for derivatives and cash equities.
Markus Gerdien, president of business area market technology at OMX, said: It is an honor to be selected as BVC’s technology partner as it grows into a world-class exchange and continues to strengthen its position in Latin America.
This appointment is particularly gratifying for OMX, as it is our first in South America and validates our strategic focus on developing long-term customer relationships built on best-in-class solutions, first rate service and strategic advisory services. OMX is now represented on all of the world’s major continents.
Juan Garces, president of Bolsa de Valores de Colombia, said: With this new trading platform, BVC will have a world class, state-of-the-art trading platform which will bring BVC in line with international standards and will contribute to its strategy of attracting international institutional investors to our market.
We also look forward to benefiting from OMX’s extensive knowledge and experience in implementing and operating market technology solutions globally as well as the opportunity to interact more with our exchange colleagues around the world as part of the OMX exchange community.
