CME Group to Launch Futures on Mexico's IPC Index
- New E-Mini S&P BMV IPC Index futures provide efficient access to Mexican equity market performance
- Cross-margining opportunities with other CME Group benchmark products (equity index, interest rates, FX)
- Strategic initiative expected to improve market depth and connect liquidity pools
- Strengthens Mexico's role in global financial markets
- None.
- E-mini S&P BMV IPC Index futures to be available for trading on August 18
The S&P BMV IPC Index,
"Our E-mini S&P BMV IPC Index futures will offer market participants a more efficient way to access the Mexican equity market's overall performance via a single futures contract," said Paul Woolman, Global Head of Equity Products at CME Group. "Market participants investing in Latin American equity markets will now have another tool to broaden their trading strategies and potentially benefit from cross-margining with other CME Group benchmark financial products, including equity index, interest rates and FX."
"Through its longstanding collaboration with CME Group and BMV, S&P Dow Jones Indices is excited to expand the utilization of its indices in global financial markets, serving as essential building blocks to support a healthy and liquid ecosystem of products that are tracking its trusted benchmarks," said Tim Brennan, Global Head of Capital Markets at S&P Dow Jones Indices. "The S&P/BMV IPC Index is one of the oldest investable indices in
"CME Group's global reach brings international visibility to the S&P/BMV IPC Index, reinforcing its role as
The contract will be denominated in Mexican pesos and will be listed on and subject to the rules of CME. For more information, please visit: cmegroup.com/ipc.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
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SOURCE CME Group