Title: Mexican Derivatives Exchange
1Mexican Derivatives Exchange
2What happened in 2007??
3We are a modern Exchange
USD collaterals
Omnibus Accounts
CFTC Approved products
Remote Membership
Electronic Access - MexFix
No Withholding Taxes
4TIIE Swap VS TIIE Futures
- TIIE Swap, Very liquid in the OTC.
- September 2007 - 10 Year TIIE Swap Futures
launching. - 1000 Times larger than Individual TIIE Future
Contracts. - More precise hedging.
- Easy monitoring and administration process.
- Credit lines, security, transparency.
- Anonymous Market.
- Position Netting.
- Transaction Margins and costs.
528-Day TIIE Future
Less volume in the TIIE ? ? ?
6TIIE Swap Future
Lets take closer look ! ! !
7TIIE Future TIIE Swap Future Contracts
A closer look ! ! !
810-Year Bond Futures Contracts
- Great for arbitrage T-note future vs M10 Bond
- Volume increase in 2007 150
- Long term interest rate benchmark in Mexico.
(ADV)
150
9IPC Index Future Contracts
- The IPC is a capitalization Index and the leading
indicator of the Mexican Stock Exchange
performance. - CFTC approved product.
- Algo traders in place.
- Volatility and liquidity.
(ADV)
Percentage of the Open Interest Source Asigna
10Options on the IPC Index Future
(ADV)
11IPC Historic Volatility
12Volatility Index Mexico (VIMEX) vs VIX
13Coming up for 2008
- Based on the new favorable legal and Tax
framework, we plan to launch Individual Stock
Options Contracts on
- CEMEX (CX) One of the largest Cement producers
of the world - TELEVISA (TV) The largest media company in the
Spanish speaking world. - FEMSA (FMX) Coca-Cola and Beer Bottler in
Mexico. - TELMEX (TMX) Local and long distance telephone
services, internet and broadband access
throughout Mexico. - WALMEX (V MM) Wal-Mart of Mexico
These names, plus AMERICA MOVIL (AMX) already
listed represents a fair sample of the Mexican
Equity market, and more than 65 of the Bolsa
Index. Liquidity on the underlying stocks, in
Mexico and in NYSE through ADRs.
14Market Participants 2007
- 5 Clearing Members
- 29 Mexican Trading Members
- 2 Non Mexican Trading Members
- 23 Market Makers
- 7 Omnibus Accounts
15Market Participants 2008
- 5 Clearing Members
- 34 Mexican Trading Members
- 7 Non Mexican Trading Members
- 24 Market Makers
- 13 Omnibus Accounts
16Members
17API / FIX Access
- MexDer provides Access via the Financial
Information eXchange (FIX) protocol.
18Its easy to participate!
- As an Omnibus Account.
- Handling costumer accounts through a Trading
Member or a Clearing Member.
- As a Client.
- Proprietary Trader as a costumer of a Trading
Member.
- As a Remote Member.
- Non-Clearing Remote Membership with direct access
to the trading system.
19Contact Us!
Its never been so easy.
From the US
1 866 MEXDER1
Berenice Corral
From the rest of the world
bcorral_at_mexder.com
(5255) 5342-9999
(5255) 5342-9930
The leading Marketplace for trading derivatives
on Mexican benchmarks