The Capital Market in Venezuela, like any international market, is conformed by a series of participants that fullfill a very important fuction in its evolutionary development.

Tbe most important aspects this market has to offer are:

• It must be capable of offering a wide range of financial products that promote the transfer of capitals to itself, to stimulate internal saving;
• Capital source for those companies that wish to increment it;
• It must offer facility and the necesary means to allow the entrance and exit of the capital, when the investor wishes;
• It must offer optimal mechanisms in order to offer the needed security, control and fiscalization for the defense of the investors' patrimony;
• And also, have the necesary mechanisms and operativity, adjusted to international standars, like the ones offered by markets of the first world to compete with other international markets.

The entities that conform the Capital Market in Venezuela, positioning the Comisión Nacional de Valores (CNV), (National Exchange Comission), like the central institution that guards the development and activity of the entities that interact between themselves, are as follows: