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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (1722)	6/4/1999 9:25:00 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 3536

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