Nasdaq and BYMA, Argentina’s leading stock exchange group, have expanded their technology partnership to overhaul BYMA’s entire post-trade ecosystem using Nasdaq technology. As part of the agreement, BYMA will implement Nasdaq’s real-time clearing platform at its central counterparty clearinghouse (CCP), enhancing the speed, capacity, and risk management of its post-trade operations. This new platform complements BYMA’s existing collaboration with Nasdaq’s technology at its central securities depository, Caja de Valores.
The enhanced system will improve operational resiliency, streamline reconciliation, and provide advanced risk analytics, while its modular design allows for the rapid introduction of new products and services. The upgrade supports BYMA’s transition to a model where settlement and clearing are aligned with international standards, optimizing liquidity and collateral management. BYMA’s decision reflects its commitment to robust and scalable market infrastructure amid its ongoing growth, with Nasdaq’s technology offering future-proof capabilities for a complex global marketplace.
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