<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2073-6061</journal-id>
<journal-title><![CDATA[Cofin Habana]]></journal-title>
<abbrev-journal-title><![CDATA[Cofin]]></abbrev-journal-title>
<issn>2073-6061</issn>
<publisher>
<publisher-name><![CDATA[Editorial UH]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2073-60612019000300015</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Los mercados desmaterializados de valores en el mundo contemporáneo]]></article-title>
<article-title xml:lang="en"><![CDATA[Dematerialization of Securities in Today&#8217;s World]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[de la Oliva de Con]]></surname>
<given-names><![CDATA[Fidel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Aguilar Cabezas]]></surname>
<given-names><![CDATA[José Antonio]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de La Habana  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Cuba</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Bolsa de Valores de Guayaquil  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Ecuador</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>00</month>
<year>2019</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>00</month>
<year>2019</year>
</pub-date>
<volume>13</volume>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://scielo.sld.cu/scielo.php?script=sci_arttext&amp;pid=S2073-60612019000300015&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://scielo.sld.cu/scielo.php?script=sci_abstract&amp;pid=S2073-60612019000300015&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://scielo.sld.cu/scielo.php?script=sci_pdf&amp;pid=S2073-60612019000300015&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN El lector encontrará en estas páginas una síntesis de los principales rasgos de los mercados de renta fija y variable de hoy, como preámbulo para abordar el fenómeno de la desmaterialización, proceso moderno de emisión y negociación de valores que se halla en desarrollo e implica la sustitución de los valores físicos tradicionales. Actualmente, se expande en el mundo industrializado y cobra auge en países de Latinoamérica.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT This paper begins by presenting major features of current fixed and variable interest rates, then deals with the phenomenon of dematerialization which refers to the substitution of paper-form securities by book-entry securities. Dematerialization of securities such as stocks has been a major trend in developed countries, and is rapidly gaining in importance in Latin America as well.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[desmaterialización]]></kwd>
<kwd lng="es"><![CDATA[mercados de valores]]></kwd>
<kwd lng="es"><![CDATA[negociación]]></kwd>
<kwd lng="es"><![CDATA[títulos valores.]]></kwd>
<kwd lng="en"><![CDATA[dematerialization]]></kwd>
<kwd lng="en"><![CDATA[the securities market]]></kwd>
<kwd lng="en"><![CDATA[negotiation]]></kwd>
<kwd lng="en"><![CDATA[securities.]]></kwd>
</kwd-group>
</article-meta>
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