(FINCAD) – The Wall Street Journal reports on the potential for high-frequency trading of the dollars futures contract on the Mexico derivatives market, MexDer, in the next months. Foreign investors, in particular, will bring this trading to Mexico. Mex Der is the second largest exchange in Latin America.
Yesterday, the Chicago Mercantile Exchange (CME) and MexDer announced their north-to-south routing agreement. U.S. customers will now be able to access MexDer’s derivatives contracts, and Mexican investors can access the foreign currencies, equity index, commodities and other benchmark derivatives contracts under CME.
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