BYMA today held the traditional market opening “Bell Ringing” at the iconic Nasdaq Stock Market. The occasion marks an important milestone in the collaboration between the two institutions.
The collaboration has been described as a “game changer” for Argentina,
BYMA (Argentine Stock Exchanges and Markets) today the traditional “Ring of the Bell” to open the market was held at the iconic Nasdaq Stock Market on Wall Street.
The event, which is a symbol of the capital market in the United States, was led by Ernesto Allaria, president of BYMA, and Gonzalo Pascual Merlo, CEO of BYMA. The occasion marks an important milestone in the collaboration between the two institutions, which began in 2019 when BYMA selected Nasdaq’s central safe deposit system, a development that has become a turning point for the country.
The event, which included the traditional Nasdaq opening bell, symbolized not only the start of a trading day, but also the strength of a partnership that has enabled BYMA to implement advanced technologies that enhance the capacity and efficiency of the Argentine market.
During the ceremony, the joint effort that allowed the advancement of the system implementation schedule and it was noted that BYMA’s immediate operational needs were effectively met.
“We are proud to have BYMA as a valued partner and member of our global community,” said the Nasdaq representative, “We congratulate BYMA on its growth and success, and look forward to continuing to support its vision and goals.”
Both Allaria and Pascual took the floor to thank Nasdaq for its continued support in the entity’s technological transformation process: “We believe that the capital market should be the driving force of any economy,” Pascual said.
He said that “At BYMA, we take this responsibility seriously and are committed to being the infrastructure that Argentina needs to grow.”
Since their partnership in 2019, Nasdaq has been a key ally in the modernization of BYMA’s infrastructure, accompanying the entity at every step of its evolution.
The collaboration has been described as a “game changer” for Argentina, providing a necessary foundation on which to develop a capital market that meets global demands. Before the event ended, the president and CEO of the Argentine stock exchange received recognition from Nasqad.
Source: Ambito
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