Bolsa de Valores de Colombia Gets Boost with CMA Certification
Monday,16/09/2013|19:16GMTby
Adil Siddiqui
Colombia’s main stock exchange, the Bolsa de Valores de Colombia (BVC) has enhanced its global position as a leading trading venue in the up and coming LATAM region as the firm was officially certified by CMA.
CMA, a leading market data and trading services provider for financial markets, announced that it has certified Latin America’s leading stock exchange, the Bolsa de Valores de Colombia (BVC).
The certification upgrades the BVC to international standards, as the exchange looks to compete with global exchanges for foreign inflows.
CMA, a Sao Palo based organization, provides market data to the largest exchanges in the Latin American region. The certification means Colombia’s main financial trading exchange, will provide price data and trade Execution on the BVC to an international trader community. The CMA offers a front-end Trading Platform, the CMA Series 4. In addition, the CMA solution provides traders with direct market access to the exchange.
Juan Pablo Córdoba, President of Bolsa de Valores de Colombia, commented on the certification in a statement to the media, saying: "It is very important for the Colombian market to advance its globalization, and what better way to do so, than by working with first-rate tools and allies. We are certain that CMA will be key to this mission, but particularly so, in creating better alternatives for access for investors who want to invest in Colombia."
Mario Chuman, General Manager of CMA in New York, said:"Certifying with the Bolsa was important for the CMA OMS platform a couple of years ago. Since then, we have added more brokers and are very excited about the new offerings the exchange has rolled out for giving more access. Providing market data and trading solutions for the equities, derivatives and fixed income markets, along with currency spot rates are all available on CMA terminals. The wide range of financial market applications, demonstrate the level of commitment CMA has for its customers in Colombia, and for trading from abroad."
The BVC has a mature and stable fixed income market, average daily trade volume is $3.5 billion according to data compiled by the exchange. The exchange has been pursuing developments in the equities and derivatives market. The average daily trade volume in equities is $170 million.
The BVC has positioned itself as a regional hub, in 2010 the firm signed up with Rapid Addition to enhance low latency connectivity to the exchange, and in addition, the exchange signed up with SunGard’s Valdi system for integration in 2011.
CMA, a leading market data and trading services provider for financial markets, announced that it has certified Latin America’s leading stock exchange, the Bolsa de Valores de Colombia (BVC).
The certification upgrades the BVC to international standards, as the exchange looks to compete with global exchanges for foreign inflows.
CMA, a Sao Palo based organization, provides market data to the largest exchanges in the Latin American region. The certification means Colombia’s main financial trading exchange, will provide price data and trade Execution on the BVC to an international trader community. The CMA offers a front-end Trading Platform, the CMA Series 4. In addition, the CMA solution provides traders with direct market access to the exchange.
Juan Pablo Córdoba, President of Bolsa de Valores de Colombia, commented on the certification in a statement to the media, saying: "It is very important for the Colombian market to advance its globalization, and what better way to do so, than by working with first-rate tools and allies. We are certain that CMA will be key to this mission, but particularly so, in creating better alternatives for access for investors who want to invest in Colombia."
Mario Chuman, General Manager of CMA in New York, said:"Certifying with the Bolsa was important for the CMA OMS platform a couple of years ago. Since then, we have added more brokers and are very excited about the new offerings the exchange has rolled out for giving more access. Providing market data and trading solutions for the equities, derivatives and fixed income markets, along with currency spot rates are all available on CMA terminals. The wide range of financial market applications, demonstrate the level of commitment CMA has for its customers in Colombia, and for trading from abroad."
The BVC has a mature and stable fixed income market, average daily trade volume is $3.5 billion according to data compiled by the exchange. The exchange has been pursuing developments in the equities and derivatives market. The average daily trade volume in equities is $170 million.
The BVC has positioned itself as a regional hub, in 2010 the firm signed up with Rapid Addition to enhance low latency connectivity to the exchange, and in addition, the exchange signed up with SunGard’s Valdi system for integration in 2011.
ASX Faces $150M Capital Charge After Scathing Inquiry Finds Years of Neglect
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
