Bolsa de Comercio de Buenos Aires

www.bcba.sba.com.ar

www.bolsar.com

Tel: 54 11 4316 7000

Fax: 54 11 4316 7181

Representatives

Presidente: Mr. Adelmo J. J. Gabbi

Development Market Manager: Mr. Claudio Zuchovicky
 

 

Mercado de Valores de Buenos Aires

Stock Market + CCP

www.merval.sba.com.ar

Tel: +54 11 4316-6000

Representatives

Chairman : Mr. Pablo M. Aldazabal

Finance Manager : Mr. Walter E. Suarez

 

 

 

 

 

 

Types of Securities Traded

Name of Trading Systems

(cash and derivatives)

Trading Hours

Equity:

·       Shares

·       Argentine Depositary Receipts (CEDEARs)

·       American Depositary Receipts (ADRs)

·       Securities Certificates (CEVAs)

·       Stock Market Indexes : Merval, Merval Argentina and Merval 25

 

Government and Corporate Fixed Income Securities:

·       Government Bonds

·       Corporate Bonds

·       Financial Trusts

·       Deferred Payment Checks

·       Securities Certificates (CEVAs)

 

All securities :

Electronic trading (SINAC)

Open Outcry (Trading Floor)

 

Corporate and Government Bonds

 Continuous Trading (OTC Bilateral)

(Garanteed or non-guaranted by MERVAL)

Concurrence Market:

Regular Time

(GMT - 03:00):

from 11:00 to 17:00

 

 

 

 

 

 

 

Continuous Trading:

Regular Time

(GMT - 03:00):

from 11:00 to 17:00

 

 

 

 

 

Types of transactions:

Spot and Forward (Forwards, Repos, Repos with Haircut, options, Securities Loans, Short selling)

For more details see:
 

 

Supervisory Body

Comisión Nacional de Valores (CNV)
 

Name of Clearing & Settlement Organization

Mercado de Valores de Buenos Aires SA (MERVAL) : Securities Market + CCP
 

Settlement Cycle

 
T0
T+1
T+2
T+3
 

Name of Central Securities Depository

Caja de Valores SA (CSD)
 

Commissions on Transactions levied by Exchange

Securities market transactions generate costs, which can be disaggregated as follows:
              Stock Exchange Trading Fees
              Stock Market Trading Fees
              Stockbroker and/or Brokerage Firm Commission
For a detailed table of fees, click in the following link:
 

Taxes on Dividends, Interests

 
For foreign individuals or companies:
 

 

Concept
Subject
Treatment
Dividends
Individuals
Exempt
Companies
Exempt
Securities Selling Profits
Individuals
Exempt
Companies
Exempt
Interest
Individuals
Exempt
Companies
Taxed

 

 

2011 Share ownership thresholds (%)

 

Short selling (Yes / No)

Yes
 

Short selling conditions (if any)

 
This page was last updated on: 01/22/2013 - 12:19