Mexican Derivatives Exchange - History

History

MexDer claims that its formation was first formally discussed in 1994. It actually began operations December 15th, 1998.

In September 1999, the Board of Directors of MexDer approved a project to create an electronic trading system. Before that time it had been operating as an open-outcry market. The new system, "SENTRA-DERIVADOS," was a client–server system using a TCP/IP network.

In March 2004, MexDer moved its electronic trading to the Spanish "S/MART" system.

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