November 9, 2010 / 4:40 PM / in 8 years

UPDATE 1-Bourses in Peru, Chile, Colombia to integrate

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LIMA, Nov 9 (Reuters) - Stock market officials from Chile, Peru and Colombia signed a deal on Tuesday to integrate their operations so that stocks will be cross-listed on the exchanges of the three countries.

Officials said the effort will bring together stocks of about 560 companies, more than any other bourse in Latin America.

Together, the Santiago .IPSA, Bogota .IGBC and Lima .IGRA bourses would have daily volume of about $300 million, trailing trading volumes in Brazil and Mexico. Integrated operations will start on Nov. 22.

Officials said the integrated operations will make it easier for companies to get financing in the three countries. (Reporting by Teresa Cespedes and Patricia Velez; Editing by Padraic Cassidy)

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