LATIN CLEAR has extended its services through the opening of reciprocal accounts with other Central Securities Depositories in the Central American region.

Latin Clear also has an account in Clearstream in Luxembourg (formerly Cedel Bank).

In this manner, LATIN CLEAR has obtained availability of custodial services in countries such as Costa Rica ,El Salvador and Clearstream in Luxembourg.

This electronic link of the CSD's sets an important milestone in the integration of the markets in the region, where each central has reciprocal custody accounts and it is established as an electronic link to expand the range of international custody services for both countries. At the same time, this integration of the CSD's is an effective mechanism that facilitates the enlargement of the supply and demand of securities that could potentially be negotiated in the regional market.

 

Address: Federico Boyd Avenue and 49th Street,
Bolsa de Valores de Panama Building
Tel: (507) 214-6105
Fax: (507) 214-8175
E-mail:
latinclear@latinclear.com.pa
P.O. Box
87-4009, Panama 7 Rep. of Panama