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History

 
The history of Bolsa de Valores de Lima goes back to the Tribunal del Consulado, which in the 19th Century was the highest commerce court and which played an important role in the creation of Lima's Commerce Exchange.
The liberal policies of President Ramón Castilla's government led to the inauguration of Bolsa de Comercio de Lima on December 31, 1860, which started operations from temporary premises on January 7, 1861.

An expansion in the volume of transactions and close ties established with European markets made it necessary for its business to be conducted at specific and precise times, from permanent premises.

Right from the beginning, the main sponsors of the Exchange were the Peruvian government and the most representative businessmen of the time.

In spite of the fact that during its first three decades, the Exchange did not trade in stocks of any type, it did list nominal quotations of the main markets through the Comisión de Cotización (Quotations Commission). Serious inflation experienced by Peru between 1872 and 1880 contributed to a lack of interest in the market.

Under the name Bolsa Comercial de Lima, the Exchange was vigorously launched again by President Nicolás de Piérola in 1898, when the regulations creating the Cámara Sindical, comprised of three businessmen and three exchange agents, were approved.

It was in 1898 when the first edition of Boletín de la Bolsa Comercial de Lima was distributed, bulletin which is still being published. The first Annual Report of Bolsa Comercial de Lima was prepared in 1901, document which has been uninterruptedly presented by the Cámara Sindical to Shareholders Meetings ever since.

This restructured Bolsa Comercial de Lima traded in stocks, bonds and certificates, with the most prominent being those of banks, insurance companies and Peruvian debt instruments. Stock trading was the main activity of both, Cámara Sindical and the Comisión del Interior.

Uncertainty and an enormous fluctuation in the prices of securities between 1929 and 1932, as well as changes occurring during and following the Second World War, led to new institutional changes. Reforms began in 1945 culminated with the creation of the new Bolsa de Comercio de Lima in 1951. The first Centenary of its founding was celebrated in 1960. During this period, education of participants to trade in stock exchange sessions and the creation of a real securities market were its greatest concerns. In 1971, conditions were ripe for the founding of the current Bolsa de Valores de Lima.

Its historical concerns also include some operating problems, of which the most common have been those related to technical conditions for the timely reception of information, as well as the frustration due to the lack of its own telegraphic system since 1860. Significant leaps have taken place throughout the 20th Century, to the implementation of the current trading system and modern CAVALI, among other information services.

 
 
 
 
 
 
 
 
   
       
       
 
 
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