Who it serves
Brokers, issuers, funds and other financial market participants.
How the business works
Infrastructure enables trading, recording or administration of transactions and assets. Fees relate to transactions, assets serviced or data access agreements.
What drives this activity
Transaction volumes, assets serviced, connected participants and system availability.
The business in practice
Selected products, companies and assets from corporate publications.
- What Caja de Valores does
Caja de Valores records securities in investors’ names through depositor accounts. It also handles transfers, dividends and other corporate events. Maintaining these records does not make BYMA the owner of securities in custody.
BYMA · custody and registrationConsulted
- Connecting client systems
The API catalogue includes market information and connections for custody, accounts, funds and placements. A price feed serves a different purpose from managing a transaction. Access depends on the product and participant.
BYMA · API catalogueConsulted
Its place in Bolsas y Mercados Argentinos
BYMA is part of the infrastructure enabling Argentina’s market: it connects trading with post-trade services, custody and information. Its business differs from that of an intermediary making investment decisions on a customer’s behalf.
Economics of the whole company
Business economics · explained by La Plata
Customers, operations & revenue
BYMA connects intermediaries and issuers through trading and post-trade services. Caja de Valores handles custody, records and corporate events, while information products make market data available. A transaction creates separate execution, settlement and recordkeeping needs; its traded value is not itself BYMA revenue.
What shapes business performance
Trading, assets in custody and use of information services are different business drivers. Operating fees should be distinguished from returns on the company’s own investments. System availability, security, regulation and technology spending shape delivery; more transactions do not imply an equal increase in profit.