Santiago Exchange and Luxembourg Stock Exchange team up to promote green and social bonds
The agreement provides a general framework that will facilitate cooperation between the two parties for the cross listing and trading of securities in both jurisdictions, with a special focus on green and social bonds.
On 18 July, at the Santiago Exchange in Chile, the leadership teams of the Santiago Exchange and the Luxembourg Stock Exchange (LuxSE) signed a Memorandum of Understanding (MoU) to facilitate cooperation in the field of cross listing and trading of financial securities in the two markets. The agreement defines green and social bonds as an area of priority, reflecting the efforts made by both exchanges to bring sustainable finance centre stage.
The signing ceremony, led by Santiago Exchange CEO, José Antonio Martínez, and CEO of the Luxembourg Stock Exchange, Robert Scharfe, marked yet another step forward for both exchanges in their mission to promote and mobilise sustainable finance in capital markets.