Latinex
History
1989
Foundation of the Panama Stock Exchange
When Panama was going through the worst political and economic crisis in its republican history, a group of businessmen tried to crystallize one of the projects most desired by the local financial community, the founding of a stock exchange. This private sector initiative had the objective of operating a centralized negotiation mechanism where the forces of supply and demand for securities freely converge, under the precepts of transparency and equity. For this purpose, the Panama Stock Exchange is created.
1990
Start of operations of the Panama Stock Exchange
On June 26, 1990, the Panama Stock Exchange began operations by carrying out its first trading session, thus beginning a new stage in the development of the securities market in Panama.
1997
Start of operations of the Latin American Securities Central
In parallel with the quantitative evolution, the Panama Stock Exchange promoted measures aimed at modernizing the local securities market, which highlights the creation of a securities custody and settlement center, which resulted in the start of operations in 1997 of the Central Latinoamericana de Valores, whose operational service provided efficiency in the settlement and clearing of transactions that were previously done manually.
2010
Creation of Latinex Holdings
On October 22, 2009, the shareholders of the Panama Stock Exchange approved in an Extraordinary Assembly a corporate reorganization of this company, as did the shareholders of Central Latinoamericana de Valores, to establish a holding company for both shares, called Latinex Holdings. Inc., commencing trading of the new common shares in 2011.
2014
iLink
With the objective of internationalizing the Panamanian securities market, in August 2014 the Latin American Securities Central established a link with Euroclear Bank, allowing international investors access to instruments of the Republic of Panama and Quasi-governmental instruments.
2015
Market integration
On September 22, 2015, the agreements that would allow the integration of the securities markets of El Salvador and Panama were signed, opening the way to the concept of unifying the member countries of the Association of Markets of the Americas (AMERCA).
2019
Nasdaq ME
With the focus of being an International Hub of the capital market, the Panama Stock Exchange acquires the Nasdaq ME trading system, providing greater technological support in terms of connectivity and robustness to negotiations, expanding the horizon towards a market with standards international.
2021
Makeover
El 30 de junio de 2021, luego de 31 años, la Bolsa de Valores de Panamá ha presentado al mercado nacional e internacional su nueva imagen corporativa, convirtiéndose ahora en la Bolsa Latinoamericana de Valores, conocida también como Latinex. Este cambio de imagen corporativa responde a la estrategia de ampliar horizontes y convertirse en un Hub Internacional del mercado de valores, pero con el mismo compromiso de ser su aliado de inversiones, ahora en Latinoamérica y el mundo, manteniendo características tales como: agilidad, soluciones rentables, información clara, exacta, oportuna y un trato cercano, apoyados en tecnología de clase mundial y con un alto compromiso con las finanzas sostenibles.
2024
iLink - Phase 2
Bolsa Latinoamericana de Valores (Latinex) completes the internationalization of Panama's capital market with the iLink link between Euroclear Bank and Latinclear. This agreement has been in force since 2014, allowing corporate and multilateral debt issues to be Euroclearable and accessible to international investors. Benefits include greater liquidity, investor diversification, and security convertibility.
