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| Type | Derivatives exchange |
|---|---|
| Location | Mexico City, Mexico |
| Coordinates | 19°26′N99°8′W / 19.433°N 99.133°W /19.433; -99.133 |
| Founded | 15 December 1998; 26 years ago (1998-12-15) |
| Owner | BMV Group |
| Currency | Mexican peso |
| No. of listings | Futures andoptions |
| Website | www |
TheMexican Derivatives Exchange (MexDer) is an futures andoptions exchange in Mexico, located in the same building as theMexican 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 aclient–server system using aTCP/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 typicalcorporate 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.