Wednesday March 19 2025
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
On 18th March 2025, Nasdaq (NDAQ) and nuam (NUAM), the merger of Santiago, Lima, and Colombia stock exchanges, announced an extension of their strategic technology partnership, which will see all three exchanges’ central securities depositories (CSD) adopt Nasdaq’s CSD platform to optimize post-trade processing in the region.
The agreement expands Nasdaq’s existing relationship with nuam, with the exchanges currently consolidating their trading infrastructures on Nasdaq’s platform to help attract global sources of liquidity. It also builds on Nasdaq’s longstanding technology partnership with Chile’s CSD, Depósito Central de Valores (DCV), one of the region’s most advanced CSD platforms.
nuam’s integrated post-trade infrastructure will benefit from a unified solution based on international standards, while greater interoperability across both trading and CSD infrastructure will reduce the costs and barriers associated with accessing the individual markets, increase liquidity, and enhance operational efficiencies across the three exchanges.
The implementation of Nasdaq’s CSD technology will introduce more standardized business processes and connectivity, simplifying investors’ ability to settle trades across each market. Removing barriers to investment can help attract more international capital to nuam exchanges and support the rapid development of the Latin American economy.
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