Global Investor: New bourse BIVA aims to boost Mexico’s securities lending market

An upcoming Mexican trading venue taking on incumbent bourse BMV believes it can add supply to the country’s securities lending market.

BIVA, short for Bolsa Institucional de Valores, has been in the works four years now but is set to launch later in 2017 and operate a full fledge stock exchange, subject to regulatory approvals.

It would then leverage the assets of its holding company, Cencor, which runs an interdealer broker business, fair value price provider, institutional broker and securities lending platform, MEI.

The full article is available here.

Related Posts

Previous Post
Reuters: CME Group sees Chinese hedge funds, state-owned firms driving Asia growth
Next Post
“Fire Buys of Central Bank Collateral Assets” charts the cost of eligible securities in the market

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.

Menu
X

Reset password

Create an account