1996News

Time for changes in the securities exchange market

Economist Jaime Aristy Escuder believes that the security exchange market should incorporate modern elements as soon as possible. He said that the competition for investment within the region, makes the postponement the changes to adapt the exchange to modern times not possible. “The development of securities markets is a basic prerequisite to a stable and sustainable macroeconomic situation, as well as the existence of a regulatory framework and efficient supervision. The macroeconomic stability that comes from monetary and fiscal policies working in harmony is one of the best contributions the state can make to the capital market. He was speaking at a seminar on securities exchange operations held in Santo Domingo last week.