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Colombia to open energy derivatives market, seeks CEO


The first energy exchange in Colombia is soon to start operating, in a project run by Bolsa de Valores de Colombia, the stock exchange, and XM, an affiliate of Interconexión Eléctrica – ISA, the electricity and telecoms group.

Juan Pablo Córdoba, president of BVC, told Futures and Options Intelligence that the new market, Derivex, was in the final stages of development and would start...

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“The banks are investors too. I can’t favour investors with inside information – that’s basically what this is.”

TAM's treasurer voices frustration with Brazil’s new derivatives registration initiative.