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Decentralized electronic quotation at the BRVM

16/09/2020
Categories: Index/Markets
 Decentralized electronic quotation at the BRVM

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22 years to the day after starting its activities, the BRVM is embarking on a major technological evolution: the automatic routing of orders.

The Exchange moved from centralized electronic trading (entry of orders at the BRVM) to decentralized electronic trading (entry of orders by the SGI) to result in the transmission of orders from clients' mobile phones, tablets etc. to be routed to the BRVM trading system (Online Exchange).

It is a major technological revolution.

It aims to improve market liquidity, reduce order execution times and lower transaction costs.

SGI BOA Capital Securities is the first to offer this service on the regional financial market of UEMOA.

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