Trio agree to open stock market access

25th November 2022

El Salvador, Nicaragua and Panama have agreed to an integration of their security markets. The Superintendency of the Financial System of El Salvador (SSF), Superintendency of Banks of Nicaragua (Siboif) and the Superintendency of the Panama Stock Market (SMV) agreed to let investors acquire and negotiate securities registered in any of the three countries. It also allows stock market institutions to work in the area covered by the agreement. Regional sources suggest this could see an increase in trading on the Nicaraguan stock market up to 60 times its current level. 98.25% of transactions in Nicaragua are public titles and bonds.

Photo by Maxim Hopman

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