The Rosario Board of Trade (, ''BCR'') is a non-profit making association based in

Rosario Rosario () is the largest city in the central provinces of Argentina, Argentine province of Santa Fe Province, Santa Fe. The city, located northwest of Buenos Aires on the west bank of the Paraná River, is the third-most populous city in the ...

, in the

Province A province is an administrative division within a country or sovereign state, state. The term derives from the ancient Roman , which was the major territorial and administrative unit of the Roman Empire, Roman Empire's territorial possessions ou ...

of Santa Fe,

Argentina Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...

. Founded on August 18, 1884, it serves as a forum for the conduct of trade negotiations in several markets including grain, oilseed, agricultural products and their by-products, as well as securities and other assets.

Grain market

The Physical Grain Market (') of the BCR is the most important in Argentina in terms of its volume of operations, and provides reference prices for the national and international markets. Most of the country's production of

cereal A cereal is a grass cultivated for its edible grain. Cereals are the world's largest crops, and are therefore staple foods. They include rice, wheat, rye, oats, barley, millet, and maize ( Corn). Edible grains from other plant families, ...

s and oilseeds is traded within it, especially

soybean The soybean, soy bean, or soya bean (''Glycine max'') is a species of legume native to East Asia, widely grown for its edible bean. Soy is a staple crop, the world's most grown legume, and an important animal feed. Soy is a key source o ...

. The

region In geography, regions, otherwise referred to as areas, zones, lands or territories, are portions of the Earth's surface that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and ...

around Rosario contains more than 80% of the vegetable oil industry of Argentina and its ports, (

and San Lorenzo-Puerto San Martín), handle more than 90% of the Argentine export of soybean and its derivatives. The Board of Trade additionally operates a complex of laboratories which analyze and provide quality certifications for samples of agricultural products, soil and water.

Futures exchange

The Rosario Futures Exchange (ROFEX, ') has traditionally been a

futures exchange A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or ...

for

commodities In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. Th ...

and, in more recent times, for financial products such as

exchange rate In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of ...

and

interest rate An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, ...

options. Its negotiated volume (especially in

forward contract In finance, a forward contract, or simply a forward, is a non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed on in the contract, making it a type of derivative instrument.John C Hu ...

s over dollars) makes ROFEX the largest futures market in the country.

Stock exchange

The Rosario Stock Exchange (', abbreviated MerVaRos) is known as ', after the merger with the Mendoza Stock Exchange.

Livestock market

The Rosario Livestock Market (', abbreviated Rosgan) is an important Argentine livestock auction market, notably for

cattle Cattle (''Bos taurus'') are large, domesticated, bovid ungulates widely kept as livestock. They are prominent modern members of the subfamily Bovinae and the most widespread species of the genus '' Bos''. Mature female cattle are calle ...

.Official site o
Rosgan
(livestock auction market)

History

Operating in a landmark Beaux-Arts headquarters designed by Raúl Rivero in 1926, the exchange had new offices built during the 1990s. Designed by architect Mario Roberto Álvarez, the new building was completed in 1998.

References

External links

Rosario Board of Trade

Mercado Argentino de Valores S.A

ROFEX (Rosario Futures Exchange)

Argentina Clearing S.A.

ROSGAN
{{Authority control Buildings and structures in Rosario, Santa Fe Economy of Argentina Business organisations based in Argentina Non-profit organisations based in Argentina Commodity exchanges Financial services companies established in 1884 Organizations established in 1884 Futures exchanges 1884 establishments in Argentina Office buildings completed in 1926 Office buildings completed in 1998 Financial services companies of Argentina Stock exchanges in South America Chambers of commerce Argentine auction houses