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Tuesday, April 12, 2011

Got MILA ?

Later this month the integration of the stock markets of Chile, Peru and Colombia will begin.
What does this mean?  A new trans-national stock market is created; MILA (Mercado Integrado Latinoamericano). Investors from these countries will be able to freely invest in each other.
How big of a deal is it? Well it will have 564 companies listed in it. Compare that to 406 in Mexico or 386 in Brazil

There is even talks about inviting Mexico to participate.

What do you think?  Got MILA now?

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