Caracas Stock Exchange

(redirected from Bolsa de Valores de Caracas)

Caracas Stock Exchange

Originally established in 1947 and merged with a competitor in 1974 to become the only securities exchange of Venezuela.

Caracas Stock Exchange

The only securities exchange in Venezuela. Completely electronic since 1992, it trades in both equity and debt instruments. The Caracas Stock Exchange has experienced significant declines since the 1990s, at one time only functioning by trading in Venezuelan government debt. Much trade that would otherwise happen on the Caracas Stock Exchange occurs through American Depository Receipt transactions, which occur on American exchanges, rather than the Caracas Stock Exchange. It is abbreviated BVC after its Spanish name, Bolsa de Valores de Caracas.
References in periodicals archive ?
9 /PRNewswire/ -- Hughes Network Systems (HNS), a worldwide provider of global networks, today announced that Bolsa de Valores de Caracas (BVC), the stock exchange of Caracas, will use HNS' Radiant(TM) product suite to provide Venezuelan stockbrokers with Intranet and Internet capability over CANTV, the nationwide public network.
the Internet destination for Latin American financial markets, announced today it has reached an agreement to acquire a seat on the Bolsa de Valores de Caracas, the Venezuelan stock exchange, from Heptagon Casa de Bolsa, a subsidiary of Heptagon Grupo Financiero.
Acquiring a seat on the Bolsa de Valores de Caracas will add to our network in Latin America while giving us a direct channel to reach Venezuelan consumers," said Constancio Larguia, co-founder of Patagon.