Mexican Derivatives Exchange | |
Type: | Derivatives exchange |
City: | Mexico City |
Country: | Mexico |
Coor: | 19.4333°N -107°W |
Owner: | BMV Group |
Currency: | Mexican peso |
Listings: | Futures and options |
The Mexican Derivatives Exchange (MexDer) is an futures and options exchange in Mexico, located in the same building as the Mexican Stock Exchange and a subsidiary of the same owning group.[1]
MexDer claims that its formation was first formally discussed in 1994.[2] It actually began operations December 15th, 1998.[3]
In September 1999, the Board of Directors of MexDer approved a project to create an electronic trading system. Before that time it had been operating as an open-outcry market. The new system, "SENTRA-DERIVADOS," was a client–server system using a TCP/IP network.[4]
In March 2004, MexDer moved its electronic trading to the Spanish "S/MART" system.
In 2009, MexDer trading in MoNeT matching engine (MoNeT In Spanish: Motor de Negociación Transaccional), this engine is an HA HPC Cluster (https://resources.sei.cmu.edu/asset_files/Presentation/2013_017_001_297884.pdf).
MexDer has a typical corporate structure. It also authorizes special relationships with certain kinds of entities:
MexDer offers a different asset class derivatives[6] [7] [8] divides in Futures, Options and Swaps.
ALFA | ASUR | CEMEX | FEMSA | GAP | GCARSO | GMEXICO | KOF | LALA | MEXCHEM | PE&OLES | PINFRA | WALMEX
MEXTRAC
USD/MXN and EUR/MXN futures and USD/MXN Options.
One big futures contract and a mini contract (5 times less) with options in big contract.
TIIE | CETE | Mexican UMS Bonds
Yellow Corn Futures in Mexican Pesos [MXN] The price of this future contract is tied to CME Mini Corn Future Contract and USD/MXN)