Mexican Derivatives Exchange


The Mexican Derivatives Exchange 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.

History

MexDer claims that its formation was first formally discussed in 1994. It actually began operations December 15th, 1998.
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.
In March 2004, MexDer moved its electronic trading to the Spanish "S/MART" system.
In 2009, MexDer trading in MoNeT matching engine, this engine is an HA HPC Cluster.

Organization

MexDer has a typical corporate structure. It also authorizes special relationships with certain kinds of entities:
MexDer offers a different asset class derivatives 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 with options in big contract.
--> TIIE | CETE | Mexican UMS Bonds
--> Yellow Corn Futures in Mexican Pesos The price of this future contract is tied to CME Mini Corn Future Contract and USD/MXN)