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

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

, in the

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

of Santa Fe,

Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the List of South American countries by area, second-largest ...

. 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 any grass cultivated for the edible components of its grain (botanically, a type of fruit called a caryopsis), composed of the endosperm, germ, and bran. Cereal grain crops are grown in greater quantities and provide more food ...

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, which has numerous uses. Traditional unfermented food uses of soybeans include soy milk, from which tofu ...

. The

region In geography, regions, otherwise referred to as zones, lands or territories, are areas that are broadly divided by physical characteristics ( physical geography), human impact characteristics ( human geography), and the interaction of humanity an ...

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 o ...

for

commodities In economics, a commodity is an economic good, usually a resource, that 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. The price of a co ...

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 t ...

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, t ...

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 at the time of conclusion of the contract, making it a type of derivat ...

s over

dollars Dollar is the name of more than 20 currencies. They include the Australian dollar, Brunei dollar, Canadian dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, U ...

) 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, cloven-hooved, herbivores. They are a prominent modern member of the subfamily Bovinae and the most widespread species of the genus '' Bos''. Adult females are referred to as cows and adult ...

.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 Mario Roberto Álvarez (November 14, 1913 – November 5, 2011)
was an Ar ...

, 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