CB opens stock exchange posts in real time
posted on: Dec 13 2011 6:53 by RDugey. Viewed 11 times.The Central Bank reported that you opened accounts for the posts of bag in the gross settlement system in Real time (LBTR), measure that will allow them to participate directly in the system of payments of Dominican Republic (Sipard) and contribute to the development of the stock in the country market.
The measure complies to a mandate from the Monetary Board on its fifteenth resolution of August 18, 2011, according to a release of the Central Bank, which also advises to regulate the proceedings relating to the management of these accounts, he signed a contract of adhesion between the posts of bag and BC.
The document was signed by the Manager, Pedro Silverio; Fabiola Herrera, Director of the payment systems Department, and representatives of posts of bag, Santiago Camarena, of Alpha society's values; Diego Torres, securities BHD; Clara Gonzalez, BNV values; José Fonseca, JRC stock position, and Javier Guerrero, of u000aCitinversiones.
Also signed Efialto Castle, Excel post of stock; Laura Hernández, investment Popular; Guillermo Arancibia and Curtis McDowell, JMMB position of stock; Elizabeth Saavedra, Lafise values; Francina Mars and César Bordas, Parallax values; Javier Tejada, UC-United capital, and Denisse Medina, of values León.
From now bag checkpoints can perform transfers of funds in real time, impregnating a greater dynamism to the operations of the stock market, said Silverio, Manager of the CB. While the Superintendent of securities, Guarocuya Félix, stressed the importance of this step in the development of the market values of Dominican Republic.
The President of the Association of posts of bag, Francina Marte, thanked the authorities of the Central Bank and the Superintendencia de Valores the achievement of this objective longed for the posts of bag, and at the same time stressed that the development u000ashown by the stock market in recent years has received a major boost by the sector government.

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