Chile and Bolsa de Commercio de Santiago Erin

Chile and Bolsa de Commercio de Santiago Erin Bond Thomas Hare Denae Brown Ben Zaczak

History • Bolsa de Commercio de Santiago was founded in 1893 – 329 Incorporated Businesses at that time (majority were in mining) – Gave vitality and dynamism to the national economy • Depression in the 1930’s heavily affected the economy and stock market of Chile • Economy recovers somewhat due to WWII • Deterioration of the stock market continued until the 1970’s with military and economic reform – Hyperinflation - rate rises to 400% – Coup - Allende’s fall

History • Chicago Boys try to revitalize the Economy • Debt Crisis of early 1980’s – 20% Unemployment rate – Many of the largest corporations privatized • Peaceful return to Democracy – Government leaves economic control – Free trade – Economy succeeds - import/export

Global/National Environment • Growth of this company depends a great deal on the current state of the economy • In the past, government intervention constrained free enterprise • 1990 s Chilean companies were open to international markets

• In 1981, the use of modern technologies – First time it computerized its main processes – Currently has a network of over 100 terminals – Has access to a large number of services through the internet • Challenges for the future – Integrate the Santiago Stock Exchange with international markets – Incorporate new technologies – Motivate the participation of new investors

Products and Services • Terminals – Consulting terminal – Executive terminal of fixed income – Executive terminal of variable income • Information Services – Fecus Plus – Fono. Bolsa – Info Mail – Stock View

Products and Services • Vendors – Bolsaticker – Internet Ticker • Publications – Annual Reports – Daily Bulletins – Monthly Reports – Quarterly Newsletter of Analysis and Financial Records

Products and Services • Historical Prices • Historical Summary of Transactions of Fixed Income Instruments • Historical Summary of Transactions of Stocks • IRF Tables • Metastock

Engineering Principles • 1981 Stock exchange adapted the use of computers • Over 100 terminals networked – One of the largest financial service networks in Chile • Various services available for investors

Information Services • Stockview – Online service that provides real time information about the current market • Info. Mail – Email service that sends daily reports to investors. Info includes: • • Summary of traded stocks Market summary Price indexes Closing prices Essential facts Corporate actions Financial parameters

Information Services • Fecus Plus – Computer application designed by the stock exchange to collect information from corporations on a quarterly basis • Fono Bolsa – Computerized telephone information system that provides current Chilean stock information from anywhere in the world – Option to create personal stock profiles

Engineering Aspects • Technicians/Engineers maintain databases and computer networks • Must have knowledge of technology – Not necessarily an engineer

Bolso de Commercio de Santiago • Stock markets are one of the greatest indicators of the national economy and the country’s role in the global marketplace • Its important for them to stay current with technologies to keep competitive with the global marketplace