The New Stock Exchange in Mexico / The Forum



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Many myths were destroyed after the election two weeks ago. Most clearly false was that if Andrés Manuel López Obrador won, the bags would fall, the dollar would exceed 25 pesos and we would all die. That did not happen, proving the point that has always been defended in this space that a single man can not mean the redemption nor the disaster of a people.

The above is relevant because there have been developments in financial matters in our country, that our obsession with politics and memes have gone unnoticed, nothing else, as does that our country has a new stock exchange of Valores

Before the end of the year, the BMV (Bolsa Mexicana de Valores, SAB de CV) was the only financial entity used by the Mexican companies that wanted to finance themselves by the through the stock market. The Mexican Stock Exchange is a private financial entity, organized and specialized to go through an authorized intermediary, commonly called the Brokerage House.

The stock market provides the public with its financial services, through mechanisms and instruments for trading securities subject to public offer. That is to say that it is a financial transit platform in the sale of securities (shares, debt obligations, etc.).

The organizations who control and govern the financial entities are those that make up the Mexican financial system. say, the Ministry of Finance and Public Credit, the Bank of Mexico and the National Banking and Securities Commission. These entities are the ones that, at the time, gave space and permissions to the new exchange institution.

She calls Bolsa Valores de Valores (BIVA, with the FTSE BIVA index) and will represent a second Mexican securities market. From now on, Mexican companies with the ability to list on the stock market can do so without distinction on BMV and FTSE BIVA and, for the first time in the history of Mexico, the FIBRA can be the object of. investments in the stock market. [19659002] BIVA's differences, to tell it, is that they have a more advanced technology platform than their competitors, which, according to the company, will attract new investors to the stock exchanges of this market. The new exchange will enter into operation after a two-year and nine-month transit of Central Corretajes, which will present the concession application to the Ministry of Finance and Public Credit to organize and operate a new stock exchange

. BIVA must attract investors and create competitive conditions in an emerging market in a developing country.

The existence of the capital market allows money to move and this speculation, moderately and equitably, provides economic benefits, which is why diversification of indices is a good sign for the national market.

It is also important that citizens begin to get involved in operations of this nature and do not keep the mistaken idea that it is only millionaires, because with the support of a credit institution, we make our first investments and generate more consolidated financial culture.

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