''There is also another company, within the EURONEXT group, with the same name that is based in Portugal. this company, is responsible for the
central securities depository A central securities depository (CSD) is a specialized financial organization holding securities like shares, either in certificated or uncertificated ( dematerialized) form, allowing ownership to be easily transferred through a book entry rather t ...
and settlement systems management in Portugal.''
InterBolsa () formerly the Interbolsa Financial Group now largely known as Grupo InterBolsa, was a
Colombian based
securities broker (largest in Colombia) and
proprietary trader that also engaged in asset management and other types of
investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
, that operated until November 2012, when the
Colombian Government
The Government of Colombia is a republic with separation of powers into executive, judicial and legislative branches.
Its legislature has a congress,
its judiciary has a supreme court, and
its executive branch has a president.
The citiz ...
ordered its closure by a default of debts with the local banking system. The group still has other investments and companies overseas whose operations may not be interrupted by this closure.
The company had over 29% of the market volume of brokerage activity in Colombia.
First Colombia ETF starts trading on NYSE Arca
/ref>
History
Until 2008, it operated as a loosely integrated conglomerate with a controlling interest in a number of smaller companies, each specializing in a different region (Panama
Panama ( , ; es, link=no, Panamá ), officially the Republic of Panama ( es, República de Panamá), is a transcontinental country spanning the southern part of North America and the northern part of South America. It is bordered by Cos ...
) or product (InterBolsa Futures). In 2009, after it made a move into the Brazilian market when it acquired all of Finabank for US$21 million it officially organized itself into a holding company called Grupo InterBolsa.
Subsidiaries
Interbolsa Comisionista de Bolsa
Administradora de Inversión – Asset Manager that oversees Colombia's first private capital energy fund; InterBolsa Energético which was established in April 2009.
Interbolsa Panama
Finabank – Brazilian securities broker 90% owned by InterBolsa. Has repo operations.
Fundación InterBolsa – organizes corporate responsibility programs for the group of companies.
References
{{DEFAULTSORT:Interbolsa
Investment companies of Colombia
Investment banks
Venture capital firms