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Central American Stock Exchange

Honduras' Tegucigalpa-based stock exchange, operating since 1993 and a member of the UN Sustainable Stock Exchanges initiative.

Last updated September 26, 2026

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Overview

The Bolsa Centroamericana de Valores S.A. (BCV), known in English as the Central American Stock Exchange, is a Honduran securities exchange headquartered in Tegucigalpa. It provides its members with the facilities needed to place orders and to determine buy and sell prices for securities. The exchange was founded in 1993 and began operations in September of that year, making it one of the two exchanges that historically served the Honduran market alongside the Bolsa de Valores de Honduras in San Pedro Sula. The BCV's early years were difficult, both for the exchange itself and for the brokerage firms that were created to operate alongside it. Trading volumes only began to improve from 2010 onward, and in 2011 the exchange recorded its highest transaction volume since founding — 125.2 billion lempiras, equivalent to about 6.6 billion US dollars. In 2011, after eighteen years in the SONISA building, the BCV acquired its own offices in the Torre Alianza Anexo building in Tegucigalpa, where it continues to operate. In 2012 it completed the installation of a modern automated system for managing exchange transactions. As of April 2026, 15 companies were listed on the exchange. The BCV is part of the Sustainable Stock Exchanges Initiative, reflecting its engagement with responsible and sustainable market development. Its official website publishes market news, educational initiatives and institutional information, including partnerships such as a joint programme with the United Nations Development Programme (PNUD) to promote sustainable finance in Honduras, and stock-market education sessions for university students. The exchange positions itself as a promoter of financial education and sustainable finance in Honduras, and its website carries commentary on regional and international market developments, including the FIMVA forum of securities-market issuers of the Americas and US Federal Reserve policy debates. It also maintains a corporate art collection featuring Honduran artists.

History

The Bolsa Centroamericana de Valores (BCV) is a securities exchange in Honduras that provides its members with the facilities needed to place orders and to determine buy and sell prices for securities. It was founded in 1993 and is headquartered in Tegucigalpa. Stock exchange activity in Honduras began in 1990 with the founding of the Bolsa de Valores de Honduras, based in San Pedro Sula, followed by the Bolsa Centroamericana de Valores, based in Tegucigalpa, in 1993. The Central American Exchange of Honduras began operations in September 1993. Alongside the operation of these exchanges, a considerable number of brokerage firms were established, authorised to conduct stock brokerage business as a complement to market activities in a society with limited experience in the functioning, operation and oversight of a securities market. The first years of the new millennium were difficult for both the exchange and the brokerage firms. It was only from 2010 that an improvement in transaction volume was observed, and in 2011 the exchange reached its highest transaction volume since its founding: 125.2 billion lempiras, equivalent to 6.6 billion US dollars. In 2011, after operating for eighteen years in the SONISA building, the exchange acquired its own offices in the Torre Alianza Anexo building in Tegucigalpa and moved there, where it continues to operate today. In addition, in 2012 the installation of a modern automated system for managing exchange transactions was completed. As of April 2026, 15 companies were listed on the exchange. The BCV is part of the Sustainable Stock Exchanges Initiative. Its official website highlights partnerships and initiatives such as a joint programme with the United Nations Development Programme (PNUD) to promote sustainable finance in Honduras, stock-market education sessions for university students, and commentary on regional and international market developments including the FIMVA forum of securities-market issuers of the Americas and US Federal Reserve policy debates. The exchange also maintains a corporate art collection featuring Honduran artists.

  • 2026

    As of April 2026, 15 companies are listed on the exchange.

  • 2012

    Installation of a modern automated system for managing exchange transactions is completed.

  • 2011

    The exchange records its highest transaction volume since founding: 125.2 billion lempiras (about US$6.6 billion). It also moves into its own offices in the Torre Alianza Anexo building in Tegucigalpa after eighteen years in the SONISA building.

  • 2010

    Transaction volume begins to improve after difficult early years.

  • 1993

    The Bolsa Centroamericana de Valores is founded in Tegucigalpa and begins operations in September.

  • 1990

    Stock exchange activity in Honduras begins with the founding of the Bolsa de Valores de Honduras in San Pedro Sula.

Products and positioning

Honduras' Tegucigalpa-based securities exchange, promoting financial education, sustainable finance and regional market integration.

  • Securities listing

    Listing services for companies on the Honduran securities market.

  • Trading facilities

    Facilities for order placement and determination of buy and sell prices for securities.

  • Automated transaction management system

    Modern automated system for managing exchange transactions, completed in 2012.

  • Repo market operations

    Reactivation of the repo market with a US$7 million operation.

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