well, well.... It seems, it is not such a wild dream after all....
<snip>
"The company, which could sell stock to raise capital in the
future, also plans to partner with a broker in the Chilean and
Venezuelan stock exchanges by the end of the year.
''Over time, I think this will change the accessibility of
markets,'' said Susan Segal, a general partner for Chase Capital
Partners, a venture capital arm of the investment bank. ''The
Internet has the possibility of changing the liquidity of the
markets in Latin America.''
Venture Capital Investment
Chase Capital Partners and Flatiron Partners, another New
York-based venture capital company, earlier this year invested $4
million each in Patagon.com so the company could set up regional
offices Miami, Sao Paulo and Mexico City.
In May, $27.8 million in stock was traded through
Patagon.com's online services, ranking it the sixth-largest of
all brokerages handling transactions on the Buenos Aires Stock
Exchange, Larguia said. The average daily trading volume for the
20 sessions on the stock exchange in May was $52.5 million."
<snip>
Message 9968630
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