After Infobolsa Buyout, BME Looks to Grow LatAm Business with Colombia Branch, Local Alliances

The exchange will leverage its subsidiary OpenFinance's existing presence, and aims to ally with local exchanges.

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BME opened its Latibex market─which lists Latin-American securities in euros─in the region in December 1999, and has also had a local presence "for at least the last 10 years, through different projects and joint ventures," a BME spokesperson says, adding that the exchange now wants to strengthen its position in the region.

The exchange will open its Colombia office later this year and will be a "first" for BME insofar as it will now have dedicated local staff and resources. "Before that

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