The Chilean Electronic Stock Exchange (Bolsa Electrónica de Chile, BEC) was the first Latin American stock exchange that allowed investors to trade on-line and in real time all kind of instruments.
It is located in the middle of Santiago downtown and since November of 1989, when it started to be operational, it has got a position as ones of the drivers of the development of Latin American equity market due to its permanent will to introduce new products and services based on transactional-edge technology.
More details of what can be found at the website of Bolsa Electronica de Chile and the roles exerted on the capital market
What is the BEC'S purpose?
BEC has as its main goals to create the suitable place and time for negotiations, and to act as a bridge in the financial field through different activities such as the purchase and sale of financial instruments. The BEC allowed to contact buyers and sellers in an effort to finance various types of businesses.
Thus, BEC becomes in a major factor which functions are to allow the growing and to provide legal security based on securities market regulations and the same stock exchange.
Because of the existence of the organization, where aim their activities, goals and values that guide its members
To boost the development of the securities market, giving the necessary tools to create an investment culture and to develop the awareness of the essential role that financial markets play in people's daily life.
BEC started its operations in November of 1989, becoming the first Latin American entity that implemented an electronic system of transactions in real time. Thus, BEC caused a modernization that brought a change in Chilean and Latin American equity market. Thanks to the foundation of BEC, people did not need any longer to attend to a physical trading in order to monitor developments. From then on, everyone could access on line and in real time to the market's operations. The information acquired the quality of being immediate, and this attribute became an essential condition in the market.
One of the BEC's targets is to close people to the stock market. This is the reason why BEC has always been concerned about clients and general public's needs and expectations, in order to turn them into complete troubleshooting.
Know the range of products and services provided by the BEC to financial institutions and all types of people
The daily understanding of financial market's operation and all involved people's needs has made of us an important actor in creating changes securities market. For this, we provide answers to all our client's real needs through a variety of products and services.
Commercial and strategic ties with various financial and stock market players from Chile and the world
BEC has been a leader in creating and promoting partnerships with other stock exchange centers, which has been one of the reasons of the increasing competitiveness and importance of Chilean and Latin American securities market: