The Superintendency of the Securities Market of the Dominican Republic (SIMV) held an awards ceremony to close the second edition of its Dominican Capital Markets Competition, selecting three winning research papers from submissions by university students and young professionals. The competition, supported by the Association of Brokerage Firms of the Dominican Republic (APB), focused on the theme “Linkage structures that redefine development” across four tracks: public-private partnerships, innovation and technology, behavioral economics and finance, and financial education and investor protection. Launched on 13 June 2025, it attracted 25 proposals that were assessed by a 47-member jury; each winner received DOP 200,000. The awarded papers covered (i) a proposal for gradual implementation of blockchain technology in the Dominican securities market to improve traceability, transparency, security and efficiency, (ii) research on how cognitive biases and behavioral factors affect retail investor decisions in volatile markets, and (iii) an empirical vector autoregression (VAR) analysis of linkages among securities market, government, banking and external interest rates.
Superintendencia del Mercado de Valores de la Republica Dominicana 2025-08-29
Superintendency of the Securities Market of the Dominican Republic awards three winners in its second capital markets research competition
The Superintendency of the Securities Market of the Dominican Republic concluded its Dominican Capital Markets Competition, awarding three research papers from university students and young professionals. Supported by the Association of Brokerage Firms, the competition focused on public-private partnerships and financial education. Winning papers addressed blockchain in the securities market, cognitive biases in investor decisions, and a VAR analysis of market linkages.