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ANCORD is a new entity representing the Intermediation System of the Financial and Capital Market. Its origin is the result of the integration of ADEVAL and ANCOR activities, which decided to create a single association aimed at performing their terms of office with further dynamism and stronger to significantly enhance the ability to represent, assist, regulate and provide a larger number of quality services to their associates.
With the merger, in early 2011, ANCORD has consolidated several years of achievements of both Associations. ADEVAL was founded in 05/07/1965 and celebrated 45 years in 2010. ANCOR was founded in 08/26/1972 and completed 38 years of activities in 2010.
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Along this period, due to the high level of complementation between both organizations, they have gained the recognition of Financial and Capital Market public authorities, always working together with regulators of the sector and maintaining a frequent and fruitful contact.
Currently the new association gathers more than 260 associates, among Stock, Exchange and Commodities Brokerage Firms, Stock Dealers, Commercial, Multiple and Investment Banks, and Autonomous Investment Agents. There is no doubt that the closeness of those segments helps and strengthens the communication with the public sector and private agents.
ANCORD is dedicated to develop and enhance the new relationship of intermediates with the Stock Exchange, since they are the commercial arm of the capital market, of the stock Exchange and of companies issuing stocks. |