In March 1969, the National Congress of Ecuador issued a law that authorized the President to establish stock exchanges in the country. The Securities Commission (Corporación Financiera Nacional) was designated as a promoter and as a shareholder. In July 1969, a Presidential decree allowed for the establishment of two exchanges of which the Quito Stock Exchange (BVQ) was the first, being founded in August 1969.
In May 1994, the BVQ converted into a civil corporation (non-profit) that was owned by its members, which were the brokerage houses. To improve efficiency, the BVQ signed an agreement with the Chicago Stock Exchange for the use of the Electronic Trading System SINEL and by 2000, most of the trading operations were done electronically.
A law was passed on May 20, 2014 that required stock exchanges in Ecuador to convert from civil corporations to public limited companies and on August 10, 2016, the BVQ completed this transformation.
The Guayaquil Stock Exchange (BVQ) was created in September 1969 following a Presidential decree for the establishment of stock exchanges in Ecuador. On August 31, 1970, the first trading occurred on the exchange. In May 1994, the BVG coverted into a civil corporation and in 2016, it converted into a public limited company.