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Trading that began yesterday...on the MILA/ the Integrated Latin American Market...was limited because of tax problems and Peru's presidential uncertainty.
MILA permits cross-border electronic trading on shares of 565 companies listed in the three nation's bourses...with a combined market cap of $691 bn usd...more than Mexico's $453.5 bn...but well below Brasil's Bovsepa at $1.5 tn.
So far...there are also few brokerages registered to trade on MILA.
