José Antonio Martínez Zugarramurdi Gerente General Bolsa de Comercio de Santiago
Bolsa Comercio de Santiago
description
Transcript of Bolsa Comercio de Santiago
Bolsa Comercio de SantiagoFrank Dyska, Jordan Sirianni, Alexa Verink, Michelle Weaver, and
Jeffery Weiss
An Introduction to Chile
Business in Chile Personal relationship most
important Never criticize/embarrass in public Many meetings – no business at
first Entertainment/picking up the
bill/house visits COMPROMISE – establish trust
Timing is slower than in U.S. Answering emails & phone
messages Follow up on requests – things done
last minute
Getting a Job in Chile CVs include more info
Photo Marital status/children or not Women – pregnancy test
Illegal to work on tourist visa Many are English teachers (90 days)
Hard to get foreign job unless you’re just that good Need contract for work visa Usually need work visa for a contract
Industry Analysis
Competitors Chile Electronic Stock
Exchange (Chile) Lima Stock Exchange (Peru) Rio de Janeiro Stock
Exchange (Brazil) São Paulo Stock Exchange
(Brazil) Bogota Stock Exchange
(Colombia) Guayaquil Stock Exchange
(Ecuador) NY Stock Exchange (U.S.)
Bolsa de Valores de Rio de Janeiro Bolsa de Valores de
Columbia
New York Stock Exchange
Competition (Continued)
Worldwide Cannot Compete
with:▪ NASDAQ, NYSE, Tokyo,
London▪ Euronext (Belgium,
France, Holland, Portugal)
Electronic marketsTokyo Stock Exchange
Challenges Economic Downturns
(Recessions) Stocks Working in
“Clusters” Fast Pace
Unpredictable Events Risk Management
Lots of Money Invested Change (Judgment
Calls) Less Stock Selection Regulatory Laws
Unpredictable Events:2010 8.8 Magnitude
Earthquake
Opportunities Rapid Accumulation of
Wealth Indice de Precio Selectivo
de Acciones (IPSA) 40 Stocks with the Highest
Average Annual Trading Volume
Build a Global Portfolio (Different than Opportunities in the U.S.)
Narrow Focus Brings in Outside Business
Rapid Accumulation of Wealth
Professional Interest
Business-Related Economic Growth Global Conglomerates Financial Engineering
Heavily Math-Oriented Software Engineering Facilities (Specific
Designs)Software Engineering
Financial Engineering
Product Categories Separated into
Products and Services for: Stock brokers Professional Investors Private Investors Analysis & Studies Information
Redistribution (Internet Ticker & Bolsaticker)
Has Greater than 300 Companies Listed
Global/National Environment
Earthquake Aftermath
Decrease in Stock of: Pulp & Paper Supplier,
Copec LAN Airlines Fertilizer Maker, SQM Banco de Chile
Increase in Stock of: Construction Firm, Salfacorp Forestry Products Company,
Masisa
Social/Political Factors Price of Copper
Increased Due to Supply
Concerns Works as a Positive
Terms of Trade▪ Boosts the Peso
Exchange Rate Stable Government
Supplies Money for Aid and Reconstruction Efforts
Copper Mine in Chile
Sebastián Piñera
President of Chile
Engineering Principles
Streamlining Security Using IBM Technology
Industrial Engineers of the Santiago Stock Exchange Streamlined its Security Implementing IBM’s Security
Products in December of 2008. Allowed “the exchange to increase
its capacity to over 3,000 orders per second, 100 times greater than at present, and reduce its latency to two milliseconds, 100 times lower than its current level.”
Allowed the Stock Exchange to be placed “in the vanguard of the world's regional exchanges.”
Engineering and the Santiago Stock
Exchange
Industrial engineering is very important to streamline the Santiago Stock Exchange. The administrators and managers of the stock exchange all consider themselves to be engineers.
The exchange states in their company mission that they are dedicated to innovation, efficiency, and technology.
Questions
Questions for Professionals
Which segment of professionals do you deal with most often?
How does Bolsa compare with other stock exchanges? Is this a fair comparison based on its geographical location?
What part of your job did you learn in school, and what part did you learn on the job?
How has technological advancement allowed the stock exchange to run more efficiently?
What are some of the challenges faced in establishing and maintaining effective communication when working with people from many diverse backgrounds?
Questions for Students
What’s your favorite area of Santiago?
Do you feel that the political and social conflicts in Chile parallel those found in the United States?