Madrid Stock Exchange Partners with Wavetec

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Madrid

One of Spain’s oldest financial institutions, Madrid Stock Exchange recently installed state of the art LED display solutions to display information such as the rates, prices, shares, companies, news, videos, greeting messages and other market statistical data.

This project collaboration including Wavtec, BME (Bolsas y Mercados Españoles), Telefónica and InfoBolsa took less than two months for production, delivery, installation and commissioning.

The solution consist of 19 meters Full Color Ticker and the use of Wavetec’s Information Display Solution integrated with Madrid´s own data feed to show information such as the rates, prices, shares, companies, news and other market statistical data.

BME with over 20 subsidiaries is one of the most prominent operators of all stock markets and financial institutions in Spain namely Madrid, Barcelona, Bilbao and Valencia. InfoBolsa being a subsidiary of BME partnered in offering their services in data feed and design followed by Wavetec who supplied complete hardware and software solution and helped Telefónica in installing and integrating the LED ticker.

Pedro de la Muela, IT manager at BME explains, "BME has selected Wavetec for the Madrid Stock Exchange Ticker at Palace, mainly because of their background in similar projects such as Santiago de Chile and other Stock Exchanges in the Middle East. The Implementation was quick and Involved no interruption of service...”

Wavetec is a global player in LED display and Queue Management Solutions with successful LED display installations and system integration in more than 20 stock exchanges such as Barcelona, Chile, Peru, Qatar, Bahrain, Saudi Arabia, Oman, Dubai, Nigeria, Kenya, and others.

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