Bolsa de Valores de Nicaragua and issuers of securities. The specific regulatory frame of exchange activity is conformed by Presidential Decree 33-93 or "Reglamento General sobre Bolsas de Valores" (General Stock Market Regulations). The president of the exchange as of 2006 is Dr. Raúl A. Lacayo Solórzano. Bolsa de Valores de Nicaragua Bolsa de Valores de Nicaragua (Stock Exchange of Nicaragua, or BVDN) was created in 1994 and is the only stock exchange operating in Nicaragua. The exchange is the result of private sector initiatives encouraging the country's market liberalization programmes, which began in 1990. Trading operations officially began on January 31, 1994, and as
La Paz Stock Exchange de Valores In the Bolsa Boliviana de Valores, contribute his values corresponding companies to the following rubros of the country: By fifth consecutive year, the Bolsa Boliviana de Valores achieves to surpass the volumes of montos operated, in the management 2014 reached to negotiate $us9.832,9 millions mount that it represents 24% of the Gross Internal Product (GDP) of our country. The most negotiated instruments in the management that contribute to generating the volume of operations are the Deposits to Fixed Term, that represented 42% of the total operated, however, the operations with this type of instruments fell in 17,9% regarding