CME Group Expands Latin American Offerings With Mexican Equity Index Futures

CME Group, the global derivatives marketplace, has announced plans to launch E-mini S&P BMV IPC Index futures, with trading expected to commence on 18 August, pending regulatory approval.

The S&P BMV IPC Index is Mexico’s primary equity benchmark, tracking the most liquid stocks listed on the Bolsa Mexicana de Valores (BMV) and offering broad exposure to the Mexican equity market.

Paul Woolman, Global Head of Equity Products at CME Group
 

Paul Woolman, Global Head of Equity Products at CME Group, commented: 

“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. 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.”

 

Tim Brennan, Global Head of Capital Markets at S&P Dow Jones Indices 

Tim Brennan, Global Head of Capital Markets at S&P Dow Jones Indices, added: 

“Through its longstanding collaboration with CME Group and BMV, S&P Dow Jones Indices is excited to expand the utilisation 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. The S&P/BMV IPC Index is one of the oldest investable indices in Latin America and is used by both local and international market participants to track the performance of the Mexican equities market.”
 

Jorge Alegría, Chief Executive Officer at BMV Group

Jorge Alegría, Chief Executive Officer at BMV Group, said: 

“CME Group’s global reach brings international visibility to the S&P/BMV IPC Index, reinforcing its role as Mexico’s flagship equity benchmark. This strategic initiative aims to deliver meaningful benefits to our domestic cash and derivatives markets by connecting liquidity pools and improving market depth. It will strengthen Mexico’s role in the global financial ecosystem and support the continued growth of our markets.”
 

The new contract will be denominated in Mexican pesos and listed on CME, subject to the exchange’s rules. CME Group is known for offering a wide range of global benchmark products across asset classes including interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. Trading is facilitated via the CME Globex platform, with additional services in fixed income and foreign exchange through BrokerTec and EBS platforms, respectively. CME Clearing operates as one of the world’s leading central counterparty clearing providers.
 

The launch is seen as a significant step in enhancing international access to Mexican equities and further integrating Latin American markets with global trading infrastructure.