Bolsa de Valores de la República Dominicana Bolsa de Valores de la República Dominicana Bolsa de Valores de la República Dominicana (Stock Market of the Dominican Republic, BVRD) is the only stock exchange in the Dominican Republic, basically performing a transaction regulation function. It began operations in 1991 and is viewed as a cornerstone of the country's integration into the global economy and domestic development. It is also one of the most active stock exchanges in Latin America. The BVRD operates Monday through Friday from 9:00 a.m. to 1:00 p.m. During April 1980, a group of Dominican industrialists began to meet with the intention of formalizing a
Rancho Bolsa de San Cayetano Alameda in 1842. With the cession of California to the United States following the Mexican-American War, the 1848 Treaty of Guadalupe Hidalgo provided that the land grants would be honored. As required by the Land Act of 1851, a claim for Rancho Bolsa de San Cayetano was filed by José de Jesús Vallejo with the Public Land Commission in 1852 and confirmed by the US District Court in 1856. Vallejo unsuccessfully appealed the official survey to the US Supreme Court, and the grant was patented in 1865. A claim for half of the grant to José Dolores Pico was filed