According to the latest ranking of amounts traded by broker in all markets accrued during January-November 2010 in the Santiago Stock Exchange, BancoEstado Corredores de Bolsa is at the first place, with a nominal total of $ 90,114,646, equivalent to 17% of the total market placements.

Besides, BancoEstado Corredores de Bolsa ranks first in the ranking of amounts traded by broker in fixed income instruments (IRF) during November 2010 with a total of $ 2,200,997, equivalent to 17.28% of the market, and sheds also a general rebound in that instrument during the last month.

Another figure back in black of the first branch of BancoEstado appears when measuring the total volume traded by broker on all markets as of November this year, with $ 8,892,059 nominal equivalent to 18.17% of the market.

Finally, BancoEstado Corredores de Bolsa appears the top five ranking of volumes traded by broker of fixed income instruments accumulated in January / November 2010, placing it in second place with a nominal total of $ 17,931,106, equivalent to 13, 96 % of the market.

Market leaders

Created in 1989 BancoEstado Corredores de Bolsa (website) has led during the last three years the volume traded in financial intermediation instruments (FII) with aggregate figures for November this year to close to $ 42,868,752 billion.

While BancoEstado Corredores de Bolsa has a very small percentage of stocks traded (less than 1% market share) this product has grown steadily in recent years. In late 2010, approximately $ 34,000 billion have been traded through BECB, tripling 2009’s figures of $ 11,000 billion.

2,700 customers have operated shares this year, aiming at doubling this figure for 2011, and reaching close to $ 100,000 billion in amount of stocks traded.

Furthermore, the brokerage firm of this financial institution has been the sole placement agent to participate in three Initial Public Offers of football clubs that became sports Corporations: Colo-Colo (Blanco y Negro), Universidad de Chile (Azul-Azul) and Universidad Catolica (Cruzados SADP). The strength and wide scope of BancoEstado are important factors in order companies entrust tasks of this nature to their brokers.

Thus, one of the objectives of BECB is to expand the base of stocks-operations customers, taking advantage of the large amount clients and great number of offices of BancoEstado. In addition, BECB seeks to meet this objective promoting the online channel: through the SIGA transactional platform, provided by the Santiago Stock Exchange, you may enter orders to buy and sell shares.

Products & Services:

• Buying and selling shares.
• Buying and selling foreign currency (informal market: transactions that should not be reported to the Central Bank. It involves securities firms, stockbrokers and foreign exchange offices).
• Covenants: investing timely with well-known profitability. High values, short terms.
• Managing third parties portfolios: third-party funds are managed establishing by both parties the criteria for making investment decisions.
• Bonds and trade related items broker: BECB can place those instruments on the market.
• Purchase of fixed term deposits: BECB offers its clients the possibility for advance purchasing (before maturity) a fixed term deposit.