The three operators with the largest amount of volume traded in Cedears coincide with the first three that lead the commercialization of local variable income instruments.
Which were the leading stockbrokers in trading of Variable Income in August?
According to the statistics of Argentine Stock Exchanges and Markets, the leadership of commercialization of both Argentine and foreign shares was held by Allaria Ledesma & Cía., with a volume of operations that amounted to 19.1% of the total operated in the eighth month of 2022.
He followed SBS Trading with a 10.6% and in third place was affirmed Buenos Aires Values, with a 9%of the global sum of operations carried out in pesos.
then they appeared TPCG Valores (6%), Balanz Capital (5.2%), AR Partners (4.7%), Invest Online (3.6%), PPI (2.7%), Bull Market Brokers (2.1%) ) and Cocos Capital (2%).
Which were the leading brokers in trading of Cedears in August?
Capture.PNG
The top brokers list to acquire Cedears was also led by Allaria Ledesma & Cíawith the 21.9% of the total volume, which equals more than a fifth of the total of transactions made in the last 30 days.
The second broker What was most important was SBS Tradingwhich represented a 13.4% of the total.
Third place was taken by Buenos Aires Valueswho had a 9.4% of the overall volume.
The top ten they completed it TPCG Securities (7.8%), Balanz Capital Securities (5.9%), AR Partners (3.8%), PPI (3.2%), Invest Online (3%), BTG PACTUAL ARGENTINA (2.2 %) and Max Capital (2.2%).
It should be noted, the Cedear are papers that allow to follow from the local stock market and in pesos the valuations of companies that do not operate in Argentina. Some of the most popular titles are Apple, Amazon, Google, Mercado Libre, Globant, Barrick Gold, among other. However, the papers that stood out the most in August due to their returns were clutch (a Brazilian company that continued to show solid fundamentals), and followed him View Oil & Gas (a firm in the energy sector that maintained its popularity in the local market due to the great growth it has achieved in recent years).
Although the Cedears have been in operation since 2001, these used to be papers for a very small and sophisticated portion of investors, they are currently one of the most chosen ways by Argentines to access foreign companies. Part of this was due to the fact that ByMA has incorporated new Cedears this year, among which the ETFs stand out (those that represent market indices) that offer possibilities to diversify in a simple way. In addition, the stock market institution has recently incorporated the benefit of “Day trading”, which benefits investors who carry out different transactions on the same day on the same paper by charging them lower commissions.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
