He BYMA product leader, Rodrigo Araya, highlighted the role of financial education and the importance of the capital market during his participation in the third panel of Scope Debate about Finance & Investments in the Milei era, moderated by the director of Ámbito, Julian Guarino.
Araya highlighted BYMA as “the country’s leading stock exchange, which offers various products for all Argentines and all investors who want to channel their savings through investment.”
The reference highlighted that the company “offers different types of products, ranging from fixed income, variable income, sureties, loans, investment funds, primary placements, derivatives, options, futures and batch terms,” while defining it as “a technology company that offers platforms for both negotiation and settlement as well as custody, which are our three central axes.”
Optimism for the future of the capital market
At the same time, Araya expressed “optimistic regarding the future that is coming for the capital market, taking into account deregulations, possible elimination of the stocks and the drop in inflation.”
“We are preparing for the coming capital market. We have been making great leaps at the level of technological infrastructure, preparing for a different panorama with the entry of international or institutional investors, but also caring for and protecting and offering more products to the investors that we currently have,” he pointed out about the company’s process.
And he noted: “We are talking about a number of very large participants in the market. “We are reaching 13 million accounts in Caja de Valores that want to transform their savings into investments.”
Technological investment and economic variables
Araya highlighted that “This process occurred much hand in hand with the increase and technological development of the markets, because behind the fact that one can enter an app to see a certain price or buy, behind there is technology and infrastructure that make this practically automatic from the cell phone, by pressing a button and doing it instantly.”
At the same time, he was “optimistic that the economic variables will be adjusted to generate growth” and admitted that “There are still tasks to be done in terms of market regulation such as the elimination of parking, the reduction of inflation and the elimination of stocks.”
“In addition, we know that investors are also going to push us a little further in terms of objectives and new products and as a technology company we have different alliances with Nasdaq, EPA and Amazon Web Services”, added the BYMA representative.
To the same extent, he highlighted the platform BYMA Primary. “BYMA’s primary market is precisely the possibility that SMEs and large companies can finance themselves through the capital market, it is the engine of the real economy,” he highlighted.
“Of the 13 million client accounts, 30% come through virtual wallets and not only offer this first entry, which is to remunerate the account and have a common investment fund behind, But right now the wallets are offering other alternatives and there we have other types of instruments such as the purchase of the MEP dollar,” he explained.
Commitment to financial education
In turn, Araya indicated that “BYMA has a great commitment to financial education, with free talks and programs to teach investors from the very basics what savings is, what investment is and all the instruments that can be channeled through the capital market.”
Regarding the possibility of investing from the age of 13 that the Government enabled, he considered that “It is essential that it comes accompanied with financial education to equalize opportunities for everyone.”
“We have launched a simulator in which anyone who wants to participate has a front end just like any other trading platform and is totally free,” he said, urging people to self-train.
The future of BYMA
Finally, Araya pointed out that “the development of new products is constant” in the firm and highlighted that “the Brazilian CEDEARs They were very well received by our investors and we have recently launched new equity futures.”
Thinking about the next steps, he anticipated that “new CEDEARs are coming “We believe they are going to be one of the biggest milestones of the year, with top-level companies and funds that have a lot of volume,” while clarifying that the announcement will be made in the coming days.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
