Stock Exchange

Montevideo Stock Exchange (BVM)

The Bolsa de Valores de Montevideo (BVM) is Uruguay’s main stock exchange and can trace its roots back to 1867. It operates electronically using the SIBE electronic trading system developed by the Madrid Stock Exchange and is a member of the Federación Iberoamericana de Bolsas (FIAB).

Around 40 financial services providers participate in the BVM and a similar number of issuers list their stocks on the exchange.

Trading hours (electronic): Monday to Friday 11:30 a.m. to 4:00 p.m. UYT (UTC-3)
Trading hours (open outcry): Monday to Friday 4:30 p.m. to 5:00 p.m. UYT
Settlement cycle: T+1 (local securities), T+3 (international securities)

More on this topic:
Comprehensive comparison of Swiss online brokers
Key tips for successful trading
Common pitfalls of stock trading

Editor Daniel Dreier
Daniel Dreier is editor and personal finance expert at
Online trading brokers in comparison

Find the cheapest online broker now

Compare now
Trading platforms

Brokers with low fees

Swiss Broker


  • Swiss online bank

  • No additional exchange charges

  • No transaction fees for Swiss equities

Swiss Broker

Saxo Bank Switzerland

  • Swiss online bank

  • Favorable prices stock trading

  • High account interest rates

Swiss Broker


  • Swiss online bank

  • No custody fees for stocks

  • Free market research and trading signals

Wealth managers in comparison

Find the most favorable wealth management now

Compare now for free
Request now without obligation

Choice of digital asset managers

Robo advisor

True Wealth

  • BLKB as partner and custody bank

  • Flat fee: 0.5% - 0.25%

  • Free test account

Robo Advisor


  • Digital asset manager

  • An offer from the bank CIC

  • Free test account

Digital asset management


  • Digital financial assistant

  • Free investment plan

  • Free test account

Request now without obligation

Swiss wealth managers

Digital Private Banking

volt by Vontobel

  • Access to Vontobel investment experts

  • Individually selectable investment products

  • Information without obligation

Robo advisor

Bank CIC cleverinvest

  • Digital asset manager

  • Flat fee of 0.5%

  • Already from CHF 1000

Online wealth management

PostFinance E-Investment Management

  • Digital wealth management

  • From CHF 5000

  • Direct opening possible