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Technology news

BVL goes live with MillenniumIT


08 May 2015 London
Reporter: Becky Butcher

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Image: Shutterstock
Bolsa de Valores de Lima (BVL) has gone live with a MillenniumIT trading technology solution.

BVL exchange has replaced its trading technology infrastructure with the multi-asset trading platform Millennium Exchange and Smart Order Router for equities and fixed income trading and connectivity throughout the Mercado Integrado Latino Americano (MILA) region.

Both products are underpinned by Millennium Advanced Platform, an integration solution that supports the exchange’s entire trading operation and ensures it meets the market’s evolving regulatory requirements.

The MillenniumIT solution has been adapted to meet the connectivity and language requirements of the market in Peru as well as the extended MILA region of Mexico, Chile and Colombia. It includes a fully integrated trader workstation in Spanish.

Mack Gill, CEO of MillenniumIT, said: “By tailoring our solution to the local requirements of BVL, we have been able to support their entire trading operation and ensure it is fully equipped to meet the future challenges of international growth.”

“Our technology will also enable the exchange to connect to additional markets in the MILA region.”

Francis Stenning, CEO of Bolsa de Valores de Lima, added: "Upgrading our existing platform with next generation technology will allow us to offer more efficient services to the capital markets.”

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