The Buenos Aires Stock Exchange (BCBA; Spanish: Bolsa de Comercio de Buenos Aires) is the organization responsible for the operation of Argentina's primary stock exchange located at Buenos Aires CBD. Founded in 1854, is the successor of the Banco Mercantil, created in 1822 by Bernardino Rivadavia.
Citing BCBA's self-definition: "It is a self-regulated non-profit civil association. At its Council sit representatives of all different sectors of Argentina's economy."
The most important index of the Stock market is the MERVAL (from MERcado de VALores, "stock market"), which includes the most important papers. Other indicators are Burcap, Bolsa General and M.AR., and currency indicators Indol and Wholesale Indol.
The Stock Exchange's current, Leandro Alem Avenue headquarters was designed by Norwegian-Argentine architect Alejandro Christophersen in 1913, and completed in 1916. A modernist annex was designed by local architect Mario Roberto Álvarez in 1972, and inaugurated in 1977.
Famous quotes containing the words stock exchange, stock and/or exchange:
“The freedom to make a fortune on the Stock Exchange has been made to sound more alluring than freedom of speech.”
—John Mortimer (b. 1923)
“I have, thanks to my travels, added to my stock all the superstitions of other countries. I know them all now, and in any critical moment of my life, they all rise up in armed legions for or against me.”
—Sarah Bernhardt (18441923)
“I cannot say what poetry is; I know that our sufferings and our concentrated joy, our states of plunging far and dark and turning to come back to the worldso that the moment of intense turning seems still and universalall are here, in a music like the music of our time, like the hero and like the anonymous forgotten; and there is an exchange here in which our lives are met, and created.”
—Muriel Rukeyser (19131980)