Panel Discussion Thursday, November 11

Total Page:16

File Type:pdf, Size:1020Kb

Panel Discussion Thursday, November 11 ACCESSING MEXICAN FINANCIAL MARKETS PANEL DISCUSSION THURSDAY, NOVEMBER 11 Join executives from Bolsa Mexicana De Valores (BMV - the Mexican Stock Exchange) for an interactive panel discussion moderated by CNBC’s Michelle Caruso-Cabrera designed to help achieve unparalleled access to one of the leading equity marketplaces in Latin America. DATE: THURSDAY, NOVEMBER 11 Featured speakers include Luis Tellez Kuenzler, BMV Group Chairman and President, and Jorge Alegria, SVP of PLACE: Markets and Information, representatives from Mexico’s THE FOUR SEASONS HOTEL 57 East 57th Street National Securities Exchange Commission (CNBV), as New York, NY 10022 well as prominent traders and active market participants on the BMV. Javier Artigas, SVP Strategic Planning, and TIME: Pedro Zorrilla, SVP Corporate Services and Government 4:00 PM Relations, will also be your hosts for the event. Panel Discussion and Audience Q&A Cosmopolitan Suite Attend this exclusive event to learn about investment 6:30 PM opportunities in Mexico, as well as receive insight into new Cocktail Reception TY Lounge trading rules that streamline Direct Market Access trading (DMA), which benefit traders, institutional investors, hedge funds, high frequency traders, banks and brokerages. While attendance to this event is free, space is limited so we ask that you RSVP by Friday, November 5th to Morgan Salinger at 212-754-5425 or [email protected]. BMV is the second largest stock exchange in Latin America with a total market capitalization of over US$600 billion. The Exchange is home to some of the most recognizable and profitable global corporations, including: beverage giant Grupo Modelo, whose brands include Corona Extra and Pacifico; América Móvil, one of the largest telecommunications companies in the world; CEMEX, the world's biggest building materials supplier; and Televisa, the largest media com- pany in the Spanish-speaking world, among many others. In addition, MexDer (the Mexican Derivatives Exchange) is also part of BMV Group and is the leading marketplace for trading benchmark Mexican derivatives products. Michelle Caruso-Cabrera is an anchor and reporter for the CNBC’s Business Day programming and is currently part of the "Power Lunch" team. Sponsors of this event include: *Arranged Alphabetically.
Recommended publications
  • September 29, 2017 Grupo Traxion, S.A.B. De C.V. Successfully Held Its
    September 29, 2017 Grupo Traxion, S.A.B. de C.V. successfully held its Primary Global Public Offering of Shares at the Mexican Stock Exchange and international markets The resources obtained will be destined for investments focused on the development and growth of the company Mexico City, September 29, 2017.- Today, Grupo Traxion, S.A.B. de C.V., with ticker symbol "TRAXION", held its Primary Global Public Offering of Shares at the Mexican Stock Exchange (BMV), for 46.75% of its share capital, considering the option for overallotment. 200,816,217 shares were placed in Mexico for a total MXN$3,414 M; while 66,420,264 shares were issued in international markets, equal to MXN$1,129 M, in accordance with Rule 144A and Regulation S; in both cases considering the option for overallotment. In all, the Global Primary Public Offering of Shares from Grupo Traxion, S.A.B. de C.V., was for a total 267,236,481 shares. The placement price for each share was MXN$17, and the amount of the Global Offering reached MXN$4,543 M. 75.15% of the Offering was placed in our country, and the remaining 24.85% in international markets. The Offering from "TRAXION" was distributed among 997 investors. The Global Coordinators of the Offering from "TRAXION" were UBS Securities LLC and Morgan Stanley & Co. LLC. 1/2 September 29, 2017 While the Leading Placement Brokers in Mexico were UBS Stock Exchange, S.A. de C.V., UBS Financial Group; Morgan Stanley Mexico, Stock Exchange, S.A. de C.V.; Banamex Stock and Securities, S.A.
    [Show full text]
  • S&P Dow Jones Indices and the Mexican Stock Exchange Launch
    PRESS RELEASE S&P Dow Jones Indices and the Mexican Stock Exchange Launch S&P/BMV Total Mexico ESG Index MEXICO CITY, JUNE 22, 2020: S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider, and the Mexican Stock Exchange (BMV), the second largest exchange in Latin America, today announced the debut of the S&P/BMV Total Mexico ESG Index, the latest in S&P DJI’s growing family of global ESG indices based on some of the world’s most highly-tracked regional and country- specific benchmarks. The index uses a rules-based selection criteria based on relevant ESG principles to choose its constituents from the newly launched S&P/BMV Total Mexico Index, a broad benchmark consisting of stocks and Real Estate Investment Trusts (REITs) listed on the BMV. The objective of the S&P/BMV Total Mexico ESG Index is to give investors core exposure to the Mexican equities market while providing a significant boost in ESG score performance. “In the last year, ESG has joined the mainstream of investing as market participants increasingly see the importance and relevance of indices that incorporate sustainability data and principles,” said Reid Steadman, Managing Director and Global Head of ESG Indices at S&P DJI. “We designed the S&P DJI ESG indices with the goal of enabling these investors to achieve their ESG investment goals without sacrificing performance. We’re thrilled to work with the BMV to bring this strategy to the Mexican market with the S&P/BMV Total Mexico ESG Index.” “The Mexican Stock Exchange has been recognized as a leader in Latin America for the implementation of ESG practices and a pioneer in the development of sustainable indices as the only Mexican member of the Sustainable Stock Exchanges part of the World Federation of Exchanges.
    [Show full text]
  • Bolsa Mexicana De Valores (BMV Group) Access to Latin America’S Second Largest Exchange
    Data Services Bolsa Mexicana de Valores (BMV Group) Access to Latin America’s second largest exchange BMV operates the biggest stock exchange in Mexican Derivatives Exchange (MexDer), the Mexico and the second largest stock exchange derivative subsidiary of BMV, offers futures in Latin America and options contracts on interest rates, stock indices, currencies and single stock futures The exchange offers market participants a fully electronic trading system where securities of Deutsche Börse acts as licensor and gives access various asset classes can be traded (e.g. to the full range of real-time, delayed and end-of equities, REITs, debt securities; green, social day data products under a single license agreement and sustainability bonds, ETFs etc.) BMV® Spot Market MexDer® Derivatives Market BMV Group operates two Markets: MexDer is the Mexican Derivatives Exchange, The local and the global Market a subsidiary of the Mexican Stock Exchange The local Market allows investments in the most (BMV Group) representative companies in Mexico (e.g. Walmex, It began operating in 1998 and is by volume Grupo Financiero Banorte, GrupoMéxico, América one of the leading derivatives exchanges in Latin Móvil, Fomento Económico Mexicano, Cemex, America including the clearing house Asigna Gruma etc.) Trading on MexDer is completely automated and The global market enables investments in foreign offers trading of currency futures and options, shares (e.g. Apple, Tesla, Amazon) and ETFs (e.g. indices futures and options, fi xed income futures and iShares NAFTRAC
    [Show full text]
  • Futures Contracts Listing
    Overview February, 2018 History • 1998 Open Outcry Trading starts & MXP/US Dollar Future Contract listing. • 1999 Interest Rates and Index Futures Contracts listing. • 2000 Electronic Trading. • 2001 Local Market Makers. • 2003 Partnership with MEFF for the Options Market. • 2004 Development and launching of the equity options market. • 2005 Omnibus Accounts. • 2006 Remote Participants. • 2007 Emerging Market of the year. • 2008 BMV Group IPO. • 2009 Colocation. • 2011 Order Routing Agreement Implementation. • 2012 Yellow Corn Future- 1st Commodity Futures Contract . • 2013 MoNeT Derivatives TIIE Swap Listing • 2014 10-Year Future Bond (M241205) Listing. Mini IPC Future Listing • 2015 Capital requirement rules. www.mexder.com.mxwww.mexder.com 2 MexDer Overview • MexDer is the Mexican Derivatives Exchange, subsidiary of the Mexican Stock Exchange (BMV Group), that began operations in 1998. • A self-regulated entity, MexDer along with Asigna (Clearing House), offer transparent benchmark derivative products based on Interest Rates, Foreign Exchange and Stock Indexes. www.mexder.com.mxwww.mexder.com 3 What makes MexDer so attractive? • No Withholding Taxes when trading in MexDer from a country with a double taxation agreement with Mexico. • Free convertibility. • No local presence required in Mexico. • Omnibus Accounts: Rule 30.7 (CFTC) segregation • Proprietary trading. • Customer trading. • Remote Membership • CFTC no action letter to offer products like Equity Indexes, Fx and Fixed Income contracts in the US & Foreign Board of Trade status pending. • Co-location and Sponsored DMA. • Collaterals may be pledged in the US. • Risk Management Controls www.mexder.com.mxwww.mexder.com 4 Our products S&P/BMV IPC/Fut : 28 Day TIIE Swap MXN/USD Alfa A 28 Day TIIE America Movil L 2 Yr.
    [Show full text]
  • Press Release
    PRESS RELEASE The Mexican Derivatives Exchange and CME Group Cross-Exchange Order Routing Link Goes Live Phase I of Strategic Partnership Provides “South-to-North” Trading Mexico City, April 4, 2011 -- The Mexican Derivatives Exchange (MexDer), the derivatives subsidiary of the Mexican Exchange (Bolsa Mexicana BMV), the second largest exchange in Latin America, and CME Group, the world's leading and most diverse derivatives marketplace, today announced the successful launch of their south-to-north connection, giving Mexican investors access to CME Group’s benchmark derivatives contracts including interest rates, foreign currencies, equity indexes, energy, metals and agricultural commodities. “The direct, seamless order routing connection will make it possible to trade and route electronic orders on MexDer and CME Group, opening both their contracts to a broader range of traders,” said Luis Téllez, Chairman and CEO of BMV Group. “Our partnership with CME Group will strengthen CME Group’s ties to the fast-growing Mexican market, and give Mexican market users access to the CME Group’s suite of derivatives products.” “Partnering with BMV allows CME Group to continue to provide market participants with access to globally relevant and deeply liquid benchmark products,” said Phupinder Gill, CME Group President. “Today’s launch expands distribution of the CME Globex electronic trading platform to financial markets in Latin America, as well as provides CME Group customers with a means to manage their hedging strategies with direct exposure to Mexico’s markets.” With this connection, market participants will have increased access to foreign markets and liquidity pools, which will allow traders to hedge risks across the multiple exchanges, arbitrage prices between markets and/or securities, as well as geographically diversify investment allocations.
    [Show full text]
  • Sustainability
    SUSTAINABILITY REPORT 2014 BMV GRUPO 2014 CONTENT Letter from the CEO and the Chairman of the Board 4 Organizations profile and Sustainability Statement 6 Economic Results 13 Main initiatives in sustainability 17 Relation with stakeholders 22 1. Clients 25 2. Suppliers 27 3. Investors 27 4. Group´s collaborators 29 5. Government and regulatory framework. 38 6. Society and environment 40 7. Summary of GRI Content 57 SUSTAINABILITY REPORT 2 INTRODUCTION In this report Grupo Bolsa Mexicana de Valores presents the advances ,during 2014, in the field of sustainability of each of the companies in the group. We recognize the importance of keeping our stakeholders informed on the internal activities and projects that promote the adoption of new corporate governance practices and the relevant actions within the social context and environment. The BMV Group, composed by financial services companies, identifies that the main environmental impacts of the group are in the use of paper, water and electricity. For the preparation of this report, it was used as a reference the methodology of the Global Reporting Initiative (GRI), version 4, which responds to current trends and is the internationally most widespread method for business social responsibility reports (Responsabilidad Social Empresarial, RSE). This report is published annually and is available on the page www.bmv.com.mx Ramón Güémez Sarre [email protected] T: +52 (55) 5342.9000 3 SUSTAINABILITY REPORT BMV GRUPO 2014 Jaime Ruiz Sacristán LETTER FROM THE CHAIRMAN OF THE BOARD Today, we know that investors make decisions by evaluating other aspects beyond credit quality, where responsibility, social and environmental, incurred by corporates is a key value to consider.
    [Show full text]
  • Fundación Universidad De Las Americas Puebla Escuela De Negocios Y Economía
    Fundación Universidad de las Americas Puebla Escuela de Negocios y Economía Tesis que, para completar los requisitos del Programa de Honores, presenta el estudiante Jaime David Soto Reyes, 149793 "Market-based and institution-based financing: analysis of the development of the financial sector in Mexico” Asesor: Dr. Adrián Duhalt Gómez San Andrés Cholula, Puebla a 21 de mayo de 2018 A mis padres, que trabajan incansablemente para darme los recursos necesarios para crecer, que siempre han creído en mi y que son mi motivación para convertirme en la mejor versión de mi mismo. A mi hermana, con quien comparto mis más grandes sueños para llegar lejos y que con su ejemplo me motiva a trabajar todos los días para alcanzarlos. 2 Abstract This paper analyzes the current development of the Mexican Stock Exchange (BMV) and the private equity industry in Mexico. Only 150 companies are listed in the BMV, as well, the PE industry has not fully developed when compared to other developing nations; this is a consequence of misconceptions of the capital markets in the country. The objective of this paper is to present a perspective of the importance of small and medium companies in Mexico and the reasons why they are not considering the participation of public and private investors as shareholders. First, an analysis will be presented about the development of the BMW and its major challenges. It then goes to describe the growth of the private equity industry and the difficulties for its development. Finally, the paper presents the cases of two energy firms that have benefited from the use of market-based and institution-based financing.
    [Show full text]
  • SUSTAINABILITY Guide
    SUSTAINABILITY Guide TOWARD SUSTAINABLE DEVELOPMENT OF COMPANIES IN MEXICO Explanatory Note ¡! The guide’s contents, as well as the proposed maturity levels are elements that will serve for self-assessment in matters of sustainability, promoted by BMV and for issuers to identify areas of opportunity. To date, reporting on environmental and social performance is voluntary; however, carrying it out is a good practice in favor of investors. “Sustainability” is used in this guide to refer to matters related to governance management, as well as social, economic and environmental impacts derived from business practices of companies, their direct and indirect influence on third parties and prevention/remediation actions conducted in order to respond to such impacts that have an influence on the results and operation of companies. This guide does not replace existing international standards for generation of performance reports. It is not a checklist or an assessment list and cannot be considered a summary of indicators. Follow-up and compliance with the guide does not ensure entry by the issuer into BMV’s Sustainability Index. This guide is not certifiable. TABLE OF CONTENTS TO OUR STAKEHOLDERS 01 INTRODUCTION 02 COMPANY AND SUSTAINABILITY 03 PILLARS OF SUSTAINABILITY 04 1. BMV’S SUSTAINABILITY GUIDE 05 SUSTAINABILITY PROCESS 05 MATURITY MODEL 07 2. GUIDE IMPLEMENTATION 09 STAGE 1. GOVERNANCE AND SUSTAINABILITY VISION 09 STAGE 2. CONTEXT AND STAKEHOLDERS 15 CONTEXT 15 STAKEHOLDERS 16 STAGE 3. RESPONSIBLE INVESTMENT AND MANAGEMENT OF FINANCIAL, ENVIROMENTAL, SOCIAL RISKS AND GOVERNANCE (FESG) 19 RESPONSIBLE INVESTMENT 19 ESG RISK 20 STAGE 4. DEFINITION OF MATERIALITY AND BUSINESS ESTRATEGY 24 DEFINING COMPANY’S MATERIALITY 24 SUSTAINABILITY STRATEGY 26 STAGE 5.
    [Show full text]
  • • RLH Properties, S.A.B. De C.V., Held Its Primary Public Offering of Shares
    RLH Properties, S.A.B. de C.V., held its Primary Public Offering of Shares in Mexican Stock Exchange With this placement, "RLH" goes from S.A.P.I.B. (Business Corporation of Stock Investment Promotion) to becoming a Public Stock Corporation, an example of the opportunities that medium-sized companies have to be financed through the BMV Mexico City, July 13, 2016.- Today, RLH Properties, S.A.B. de C.V., with ticker symbol "RLH", made its Primary Public Offering of Subscription and Payment of Shares at the Mexican Stock Exchange for 48.49% of its share capital, considering overallotment. It must be noted that in November of last year, RLH Properties debuted in the Mexican Stock Exchange as Business Corporation of Stock Investment Promotion derived of the amendments to the regulation from the Securities Market Act. As a result of the above, "RLH" moves to become a Public Stock Corporation (S.A.B.), which further strengthens its structure Corporate Governance, being a clear example of how medium-sized companies can be financed through the Mexican Stock Exchange and evolve to become a S.A.B. The Offering of “RLH” was for 86,629,831 shares with a price of MX$15.45 for each share, that represent an amount of MX$1,338. The Coordinator and Leading Placement Broker was Evercore Casa de Bolsa, S.A. de C.V., while BTG Pactual Casa de Bolsa, S.A. de C.V. and Banorte Ixe Stock Exchange, S.A. de C.V., Banorte Financial Group, were the Placement Brokers. The Offering's Advisor and Structurer was Evercore Partners Mexico, S.
    [Show full text]
  • Mexican Stock Exchange (Bolsa Mexicana De Valores – BMV) Streamlines Market Access for U.S
    PRESS RELEASE Mexican Stock Exchange (Bolsa Mexicana De Valores – BMV) Streamlines Market Access for U.S. Investors New Trading Practices Allow for More Efficient Trading and Connectivity to the Mexican Financial Markets New York, NY -- November 11, 2010 – The Mexican Stock Exchange (Bolsa Mexicana De Valores - BMV), the second largest exchange in Latin America and home to some of the world’s leading companies, today unveiled new and innovative trading rules and practices to the international financial community that were created to streamline market access to the Exchange. Senior exchange leadership, including Luis Téllez, President and CEO of BMV Group, hosted an event, “Connect & Trade Mexico,” in New York City to discuss the recent improvements and the benefits for U.S. institutional investors, including brokers, hedge funds, high frequency traders and other professional market participants. New regulations were recently released by the National Securities Exchange Commission (CNBV) of Mexico seeking to meet international standards. These changes, along with diverse connectivity improvements made by BMV Group, will provide worldwide participants with direct, high-speed and efficient access through multiple channels. Now, by providing low touch direct market access (DMA), high speed co-location services, as well as FIX standard protocol for order routing and market data, high frequency traders and other sophisticated investors will be able to access the Mexican financial markets - the BMV, as well as MexDer (the Mexican Derivatives Exchange), the leading marketplace for benchmark Mexican derivatives products - in a more seamless and efficient manner. “We have seen U.S. and international demand for access to our market increase significantly, “said Mr.
    [Show full text]
  • Mercado LATAM (Investimentos & Produtos)
    Apostila Mercado LATAM (Investimentos & Produtos) (Versão: 1.2) Desenvolvido por Harion Camargo Página 1 SUMÁRIO Desenvolvido por Harion Camargo Página 2 Sumário DISCLAIMER Página 06 Acciones Página 08 Ahorro Página 13 Banxico Página 15 BCBA Página 19 BCRA Página 21 BIVA Página 24 BMV Página 27 Bolsa de Comercio de Santiago Página 31 Bolsa de Comercio de Córdoba Página 34 Bolsa de Valores de Rosario Página 36 Bonos Página 40 Burcap Página 44 BYMA Página 46 CAT Página 48 Cedes Página 50 Cetes Página 52 CKD Página 54 CNV Página 57 Depósito a Plazo Página 59 Fideicomisos Página 62 Fondo de Inversión Página 64 Desenvolvido por Harion Camargo Página 3 Fondos Mutuos Página 68 GAT Página 72 INMEX Página 74 IPC Página 77 IPSA Página 80 IGPA Página 83 IPAB Página 86 ISDA Página 89 ISR Página 91 LATAM Página 93 LEBAC Página 96 Leliq Página 98 Merval Página 101 Microcréditos Página 103 Multiactivo Página 105 Pagarés Página 107 Planes de Pensione Página 111 PRLV Página 114 Renta Fija Página 117 Renta Variable Página 121 SAT Página 124 SIC Página 126 SVS Página 128 TAE Página 130 TIN Página 132 Desenvolvido por Harion Camargo Página 4 UDI Página 134 Udibonos Página 137 REFERÊNCIAS Página 141 ANOTAÇÕES Página 146 Desenvolvido por Harion Camargo Página 5 DISCLAIMER Desenvolvido por Harion Camargo Página 6 Disclaimer - Esse material foi criado com o intuito de auxiliar aqueles que têm pretensão em conhecer mais sobre os Mercados da América Latina (LATAM). - Não há intenções de comercialização ou lucro, com a divulgação dessa apostila. Apenas a propagação de conhecimento.
    [Show full text]
  • 1 Quarter 2017 Results
    1Q2017 1ST QUARTER 2017 RESULTS Mexico City, April 18th, 2017. – Bolsa Mexicana de Valores, S.A.B. de C.V., (“the Bolsa or the BMV”) (BMV: BOLSA A) today announced its results for the first quarter of 2017. 2017 VS. 2016 Revenues grew 15% and the expenses 5% Net income increased 22% with a new record high of 277 million EBITDA grew 24% with an EBITDA margin of 57% reaching a new record high for the fifth consecutive quarter FINANCIAL HIGHLIGHTS (1) 1Q 17 1Q 16 Var % Revenues 771 670 15% Expenses 353 335 5% Operating Income 418 335 25% EBITDA 437 352 24% EBITDA Margin 57% 53% 417 bps Net Income * 277 228 22% CAPEX 11 16 -31% OPERATIONAL HIGHLIGHTS 1Q 17 1Q16 Var % (1)(2) DATV -Equity 15,786 14,988 5% (3) 48,503 50,915 Futures - Volume -5% (1) Swaps Notional Value 266,447 35,935 641% (1) Margin Deposits 40,868 15,765 159% (1) Million pesos (2) Daily Average Traded Value (3) Daily Average During the first quarter of 2017 (1Q17), BMV Group´s revenues grew 102 million pesos or 15% against the same quarter of 2016 (1Q16). Expenses increased 18 million pesos or 5% when compared against last year´s same period, explained mainly by the increase in Sif Icap variable compensation personnel expenses. EBITDA margin for the quarter was of 57% reaching a new record high, while for the same quarter of 2016 it was 53%. Net Income was 277 million pesos reaching a new record high for the second quarter in a row.
    [Show full text]