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Bolsa Electrónica de Chile (BEC)

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Bolsa Electrónica de Chile (BEC)

Mission statement:

To supply the needed products and services to customers and people in general that permit them to trade all the instruments involved in securities market in an efficient and reliable way. To be a leader in the development and innovation of the financial market, always seeking the highest technological standards and working with a complete transparency and commercial ethics.

Vision:

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.

History:

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.

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