In 2023, more and more people chose to invest their savings in the Capital Market. Client accounts with operations in BYMA reached a total of 3,647,912, 401% more than in 2022.
Bullish market: investment accounts on the Stock Market quintupled in 2023
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He Sunday, BYMA-Bolsas y Mercados Argentinos- held its seventh Shareholders’ Meeting. The trading volume of all products increase 70% in 2023, reaching a negotiated total of US$637,358 million. Among them, the client accounts with operations in BYMA reached a total of 3,647,912, 401% more compared to 2022.
Among the data that was revealed from BYMA, reported that, compared to 2022, the largest increase in investments was recorded in variable income, with an increase of 77%. Within them, Local shares increased 171% and Cedears 41%. For its part, fixed rent grew 67%, the sureties grew by 66% and options grew 114%.
In 2023, more and more people chose to invest their savings in the Capital Market. The total number of client accounts in Caja de Valores at the end of the year was 7,024,578. Among them, client accounts with operations in BYMA reached a total of 3,647,912, 401% more than in 2022.
Within the total number of accounts, A notable fact is the 3,120,100 new client accounts that were active, 866% more than in 2022.
Furthermore, regarding the geographical distribution of the new accounts: 18% come from Capital Federal; 36% from Buenos Aires; and 45% from the interior of the country – highlighting Córdoba, Santa Fe and Mendoza –. This shows that the Capital Market continues to evolve in terms of accessibility and federalism.
The number of debt issuing companies during 2023 was 128, this means 21% more than in 2022. The total debt issues (or placements) during said year were 393, 11% more compared to 2022.
BYMA: news during 2023
- A record of emissions with impact was recorded. The Social, Green and Sustainable Bond Panel (SVS) ended the year with 63 marketable securities listed, 66% more than the total with which it closed 2022. The amount of labeled debt has already exceeded US$1.5 billion. “This means that more and more broadcasters are venturing into SVS financing,” they specified.
- Technology and innovations that facilitate access to investments. In 2023 Stock Bankthe central depository of negotiable securities of Argentina that is part of the BYMA Group, implemented its new Custody System, developed with the leading CSD (Central Securities Depositories) technology of Nasdaq, one of the largest automated and electronic Stock Exchanges in the United States. “The platform enhances the resilience, capacity and speed of Caja de Valores, which can process more than 1,000 transfers per second, 300 times faster than the previous system,” they explained.
- SMEs continued to find financing in the Capital Market through instruments such as Digital Promissory Note, the Echeq and the Electronic Credit Invoice. During last year, the total number of SME instruments placed in custody was 239,402, 5% more than in 2022. Meanwhile, at the end of the year, SME instruments in custody were 57,909. Regarding this last number, 77.7% corresponded to Electronic Checks, 19.5% to Electronic Promissory Notes, 0.6% to Checks and 2.2% to Electronic Invoices.
- More people trained in finance and investments with BYMAEDUCA, BYMA’s financial education program. The number of participants in the courses grew as a result of greater interest in market topics. After some initial experiences with free training in 2022, in which just over 1,100 people participated, in 2023 a total of 30,760 participations were recorded across 14 training sessions. Thus, the Capital Market acquired greater visibility among the options that people can consider when boosting their economy.
Source: Ambito
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