Daniel Chavez Moran: Interconnected Future

Daniel-Chavez-Moran-Interconnected-FutureLeveraging his business experience, Daniel Chavez Moran founded the Vidanta Foundation in 2005, a non-profit institution whose primary aim is the promotion of social sciences and culture with a focus on creating a sustainable economic future for the people of Latin America. Recognizing that inter-American cooperation is critical for success in a global economy, philanthropist Daniel Chavez Moran notes this recent market news about Brazil’s and Colombia’s stock and future exchanges signing a partnership agreement as published in the Wall Street Journal:

“Brazil’s BM&FBOVESPA (BVMF3.BR), which runs Brazil’s main stock and futures exchange, and its Colombia counterpart signed a memorandum of understanding in order to evaluate alternatives focused on a possible interconnection of their equities, fixed income and derivatives markets to promote the development of the capital markets, BM&FBOVESPA said over the weekend.

“With the signature of a memorandum of understanding, the two exchanges are keen on starting an exploration phase, that will establish a plan that would make feasible the interconnection of securities trading platforms in both countries, which allows the bid and ask order routing,’ said BM&FBovespa.

For more about Daniel Chavez Moran, the Vidanta Foundation and inter-american cooperation in a global economy, read here.


About danielchavezmoran

Daniel Jesus Chavez Moran is widely recognized for modernizing the Mexican tourism industry in the 1990s. Now retired, Chavez Moran now dedicates his time to his family, philanthropy and the support of educational programs.
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