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Mexican Intermediary Companies visit MILA markets

GBM, Interacciones, Credit Suisse, Deutche and Valmex are brokers from the Aztec country that have toured the MILA countries to meet with the principal intermediaries in Chile, Colombia and Peru.

 

Within the bounds of the integration of the Stock Exchange of Mexico to the Latin American Integrated Market (MILA), from 8 to 12 September the principal intermediaries of this country visited Colombia, Peru and Chile to carry out a “Brokers Meeting” with each nation’s stock exchange.

 

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The objective of this initiative was to bring the Mexican intermediaries closer to the Stock Exchanges and foreign intermediaries that form part of MILA, seeking to consolidate alliances for the routing of orders by means of correspondent agreements and training by the Stock Exchanges with regard to each market’s operational rules as well as the operational terminals that will be used for the purpose (New MILA Sentra Operator Terminal and Telepregón).

 

GBM, Interacciones, Credit Suisse, Deutche andValmex are the intermediaries from the Aztec country that participated in these events that started on the 8th of September in Colombia; on the 10th they visited Lima, ending last Friday the 12th of September at the Santiago Stock Exchange in Chile.

 

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As indicated by the Manager of Strategic Planning of the Mexican Stock Exchange, Edgar Hanna, ‘the road show performed by the different countries has been very important to deepen the knowledge and tighten the relationships with the intermediary companies of MILA financial markets. Similarly, the meetings held with each one of the participants have allowed us to make progress in the creation of alliances of cooperation relevant for the incorporation of Mexico to this market’.

 

During the various sessions, the representatives of the BMV Group introduced the Mexican market, its structure, statistics, model and settlement and custody systems. Later, the Mexican and local intermediary entities presented their background information, growth projects and income statements – through expositions by their senior executives – to then conclude with one-on-one meetings.

 

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