Jorge Alegria, the CEO of the Mexican Stock Exchange (Bolsa Mexicana de Valores, or BMV), joins Remy Blaire at the New York Stock Exchange to discuss the current state of the Mexican economy, which has shown resilience with steady growth, a stable exchange rate, and decreasing interest rates. Jorge highlights that the Mexican stock market has seen significant gains, with the main index increasing over 20% in peso terms and 30% in dollar terms, attracting international investors looking for diversification.
They explore the structure of Mexico’s financial markets, including the BMV’s operations in cash and derivatives trading, as well as their partnerships with major global exchanges like NASDAQ and CME Group. Jorge emphasizes the importance of innovation and technology in the exchange’s evolution, noting their early adoption of electronic trading and the introduction of co-location services for international players.
Additionally, they touched on the impact of U.S. policies on Mexico’s markets, with Jorge expressing confidence in Mexico’s strong position for global trading. He also shares insights on the exchange’s efforts to enhance global visibility and attract foreign investment, particularly in light of upcoming offerings.