Mexico Looks To Reinvent Their Stock Market

The Bolsa Mexicana de Valores, international stronghold
By: Latino Business Review
 
June 9, 2010 - PRLog -- (San Diego, Ca) – Mexico’s economic stock market has re-launched itself to become bigger, better and stronger, becoming one of the fastest changing markets in the world today.

The Bolsa Mexicana, or Mexican Stock Exchange, hosts some of Mexico’s most well-known and reputable companies. The companies listed on the Mexican Stock Exchange include: Cemex, Telmex, America Movil, TV Azteca and Televisa.

“As the global economy improves, people are looking for investment plans that will allow them to retire well,” said Carlo Hermosillo, an equity analyst for Vector in a recent interview with Latino Business Review (http://www.latinobusinessreview.com/business-features/finance/bolsa-mexicana-de-valores-%C2%A1vive-la-revoluci%C3%B3n).

Additionally, Luis Téllez, the BMV’s president, announced that the investing rules for Mexico’s pension funds, afores, would become more flexible. Afores can now be invested in individual stocks, including IPOs, whereas before they were only allowed to be invested in indices.

In Latino Business Review (http://www.latinobusinessreview.com), several economists mentioned that they believe that Mexico will grow at least four percent for the year, because of the fundamental changes that have occurred within the Bolsa. Those changes are to attract high-frequency trading, including the increase of speed and efficiency of processing orders, in order to generate profits and create new products.

To read the full article, go to http://www.latinobusinessreview.com/magazines/2690.

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Latino Business Review is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Latin America. Latino Business Review is a regionally dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds, and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
Latino Business Review and White Digital Media are headquartered in San Diego, California, with additional offices in Boston, Toronto, Mumbai, and Norwich, England. For more information, contact 1-760-827-7800 or visit www.latinobusinessreview.com
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Source:Latino Business Review
Email:***@whitedm.com Email Verified
Zip:92008
Tags:Mexico, Stock Exchange, Afores, Ipos, Bolsa Mexicana
Industry:Financial
Location:Carlsbad - California - United States
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