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 exchangesâ central securities depositories (CSD) adopt Nasdaqâs CSD platform to optimize post-trade processing in the region.
The agreement expands Nasdaqâs 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, DepĂłsito Central de Valores (DCV), one of the regionâs most advanced CSD platforms.
nuamâs 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 Nasdaqâs CSD technology will introduce more standardized business processes and connectivity, simplifying investorsâ 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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