Institutional Stock Exchange (BIVA)
|Institutional Stock Exchange (BIVA)|
|Key People||Santiago Urquiza, President|
The Institutional Stock Exchange (Spanish acronym BIVA) is a new, second Mexican stock exchange approved by the Mexican government in August of 2017. The exchange hopes to capture part of the equities market in Latin America’s No. 2 economy and entice more companies to issue stock. It aims to be operating by the start of 2018 and will compete with the Mexican Stock Exchange, or BMV.
The new exchange would boost the number of companies listed in Mexico's economy by nearly 40 per cent in three years.
It will be backed by technology from Nasdaq.
Products and Services
- Santiago Urquiza, President
- Mexico approves new stock exchange; aims for start early next year. Reuters.
- Mexico gives go-ahead to new stock market. The Financial Times.