Established in 2005, Eurovalores, S.A. is a wholly owned subsidiary of MetroBank which acts as an intermediary between clients and foreign security brokers. Eurovalores works directly with Pershing LLC of The Bank of New York Mellon, guaranteeing the best access to the international markets.
Regarding local accounts, the Bank works with Latin Clear, a private company of public tendencies whose main stockholders are the brokers of international markets. It is duly authorized to operate as a custody, compensation and liquidation center of securities. LatinClear also maintains a reciprocal account with ClearStream, a company located in Luxemburg which functions as a custodian of securities registered in Euroclear, DTCC, and FED.
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