LatinStocks.com launches Mexico site

Plans to offer trading at its four sites

By Maria Trombly

April 7, 2000 12:00 PM ET

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Computerworld - Buenos Aires-based LatinStocks.com launched Mexican operations on Wednesday, promising to offer financial information, and eventually, online stock trading.
"There are different laws in each country, so it's not so easy to trade Latin American companies online," said LatinStocks.com spokeswoman Viviana Morandi.
The two-year-old company already has sites in Argentina, Brazil and the U.S. None offer trading services yet, but the Argentina site plans to begin by the end of the month, and the others are in the works, said Morandi. Trading in Mexican stocks will have to wait for regulatory approval.
The financial portal is owned by investment fund Exxel Group, Latin America's largest private-equity fund and America Online Inc., which holds a minority stake.

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