Bolsa de Madrid 9 a.m. to 5:30 p.m.; open outcry from 10a.m. to 11:30 a.m., both Monday through Friday The "Bolsa de Madrid" was officially founded in 1831. In 1993, the Bolsa de Madrid switched to all-electronic trading for fixed-income securities. As required by Spanish law, it is managed and operated by the "Sociedad Rectora de la Bolsa de Valores de Madrid S.A.," a corporation organized under the laws of the Kingdom of Spain. The membership of the Madrid Stock Exchange consists of 41 major financial institutions and 12 established securities dealers. At December 31, 2001, approximately 1477 domestic and foreign companies had
Bolsa de Valores de la República Dominicana was originally known as the "Bolsa de Valores de Santo Domingo Inc". In 1997, as a result of the fact that its activities extended into other cities of the country, it changed its name to "Bolsa de Valores de la República Dominicana". This means that the market is still relatively new, and the concept of both an equity and capital market is just coming into consciousness. Despite the limitations resulting from inadequate legislation, transactions at the BVRD grew steadily during the 1990s. There are twenty brokerage houses registered at the BVRD. Thirteen belong to financial groups and only seven are