Colombian Mercantile Exchange revenues grow 12% as of the third quarter of 2020

María Inés Agudelo, President Bolsa Mercantil from Colombia, announced that “despite the pandemic so far this year we have grown 12% compared to 2019”, largely through non-bank financing alternative with our irrevocable transfer orders (OIG) and Repos products. The volume of OIG´s has grown by 53%, going from $2.9 million to $45.6 million and in repos the trading volume has increased by 41%, going from $16.9 million to $23.9 million, so far of the year.

Source: Valora Analitik