Mexico’s Stock Exchange to Join the Latin American Integrated Stock Exchange

Mexico's stock exchange (BMV) should join the Latin American integrated stock exchange (Mila) by the end of the year, state news agency Notimex reported.

Pedro Zorrilla Velasco, assistant director of corporate services and institutional relations at BMV, was quoted as saying: "The aim is for Mexico's first operations with Mila to begin between October and December."

At the beginning of the year, new securities legislation which formed part of the country's financial reform package paved the way for BMV to establish connectivity agreements with the Colombian, Chilean and Peruvian stock exchanges that make up Mila.

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