IMF Staff Country Reports

Mexico: Financial Sector Assessment Program Update: Technical Note: Derivatives Market: Overview and Potential Vulnerabilities

May 15, 2007

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Mexico: Financial Sector Assessment Program Update: Technical Note: Derivatives Market: Overview and Potential Vulnerabilities, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Summary

This technical note provides an overview of Mexico’s derivatives markets, and describes concisely the derivatives regulatory framework and risk management practices in financial institutions active in these markets. The most important derivatives market in Mexico is the over-the-counter (OTC) derivatives market, which is fully integrated with the global derivatives market. The origin of the OTC derivatives market can be traced back to the 1994 Mexican crisis that forced Mexico to abandon its fixed exchange rate regime.

Subject: Derivative markets, Expenditure, Financial institutions, Financial markets, Futures, Options, Over-the-counter markets, Pension spending

Keywords: CR, Derivative markets, Derivatives contract, Derivatives dealer, Derivatives market, Derivatives transaction, Exchange-traded derivative, Futures, Global, Interest rate derivative, Interest rate options market, ISCR, Market participant, Mexican OTC derivatives market, Mexican peso, Options, Over-the-counter markets, Pension spending, Repo market, Swap market, TIIE swap market, U.S. dollar

Publication Details

  • Pages:

    19

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/169

  • Stock No:

    1MEXEA2007008

  • ISBN:

    9781451825770

  • ISSN:

    1934-7685