Wednesday, May 25, 2011

Regional Stock Exchanged

The trend to consolidate stock exchanges globally continues well with the announcement of MILA - the grouping of 3 South American bourses on the West Coast of the continent. Chile, Colombia and Peru.

It joins the group of merged Stock Exchanges. London & Toronto. NYSE & EuroNext & potentially Deutsche Bourse.

Attempted but failed mergers include London & NASDAQ , ASX & SGX.

America & Europe as northern grouping.
Australia & Singapore as the Southern Asian grouping.
South America as one grouping.

Soon to be announced will be Middle East stock exchanges mergers.


http://www.marketwatch.com/story/chile-colombia-peru-launch-andean-stock-exchange-2011-05-25
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For companies aiming to raise funds, the integrated exchange will be able to increase the number of potential investors, said Alfredo Coutino, director of Latin American

Peru, whose main export is gold, and Chile, the world's largest copper producer, are expected to have the fastest rates of economic growth in Latin America this year, with the International Monetary Fund forecasting Peru's expansion at a rate of 7.5% and Chile's at 5.9%. The IMF expects the countries to lead growth in Latin America in 2012.

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