This article relies largely or entirely on a
single source. (April 2014) |
Type | Derivatives exchange |
---|---|
Location | Mexico City, Mexico |
Coordinates | 19°26′N 99°8′W / 19.433°N 99.133°W |
Founded | 15 December 1998 |
Owner | BMV Group |
Currency | Mexican peso |
No. of listings | Futures and options |
Website |
www |
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.