
The domestic equities desk provides advisory services and acts as agent in the purchase and sale of stocks for local institutions.
Additionally, it specializes in introducing products into the market and frequently mediates in equity derivatives, repurchase agreements, short sale and relative value strategies. As it counts with the largest client base in the market, this desk is capable of dealing with large blocks of stock without impacting prices. LarrainVial finished 2005 as the number one broker in terms of total equity volume, according to the Santiago Stock Exchange.
The international equities desk is exclusively dedicated to providing superior client services to international investors, research and investment ideas, excellence in execution and full prime brokerage services. Currently there are over 1,500 international equity funds registered in Chile. These accounts explain a significant part of the daily volume in the market.
The most important characteristics of the area are the following:
As a consequence of the aforementioned, LarrainVial and its Institutional Equities Desks have a market share above 16%, being the number one equity dealer in Chile.
Addittionally, the International Equities Desk has become a very important player in the market, with a market share of approximately 32% in foreign capital investment funds and chapter 14 accounts, and with a great potential for future growth.