| Operations and history of Bolsa Mexicana de Valores | | | | BMV is the only marketplace for listed securities and |
| (Mexican Stock Exchange) | | | | derivatives in Mexico, and has grown to become the |
| Bolsa Mexicana de Valores SAB de CV (known as | | | | second largest financial marketplace in Latin America |
| BMV) is a modern, vertically integrated group of | | | | after Brazil. |
| businesses which controls and manages: | | | | BMV originally started in 1886 as the Bolsa Mercantil de |
| 1. the Bolsa Mexicana de Valores exchange itself | | | | Mexico (Mexican Mercantile Exchange). It changed its |
| (listed stocks and debt instruments for Mexican | | | | name in 1975 to its current name, Bolsa Mexicana de |
| issuers). At March 2009 there were 130 domestic | | | | Valores, and acquired smaller exchanges in Monterrey |
| equity issuers listed, plus another 618 mutual funds. | | | | and Guadalajara in the same year. For its first 114 |
| Since January 1999 the exchange has been fully | | | | years of existence BMV was owned privately, most |
| electronic using the BMV-SENTRA equities system. | | | | recently by a group of Mexican banks and |
| 2. the Global BMV Market for non-Mexican registered | | | | brokerages. Then, in Mexico's first public share offering |
| issuers. At 31 December 2007 there were 346 foreign | | | | (IPO) of 2008, BMV offered its shares to the public |
| equity securities and debt securities listed on the Global | | | | and became a listed company on 13 June 2008. More |
| BMV Market. Foreign companies listed on the global | | | | than 13,600 individual investors bought shares in the IPO |
| market include Apple, Dell, Microsoft and JP Morgan. | | | | to make it a widely held public company. The shares |
| 3. the MexDer marketplace for derivatives (futures | | | | were priced at 16.50 pesos each. |
| and options). | | | | BMV (the company) trades on the Mexican Stock |
| 4. the SIF-ICAP over the counter (OTC) inter-dealer | | | | Exchange under the ticker code BOLSAA for its A |
| market for fixed income and derivatives products. | | | | shares. BMV is an actively traded stock, and from 1 |
| 5. custody, settlement and clearing functions for | | | | February 2009 its A shares were included in the |
| brokers and market trades in securities and | | | | BMV's own IPC index of the top 35 Mexican stocks |
| derivatives, using electronic trading platforms. | | | | for the first time. |
| 6. sale and supply of market information. | | | | |