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

Author/Editor:

International Monetary Fund

Publication Date:

May 15, 2007

Electronic Access:

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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.

Series:

Country Report No. 07/169

Subject:

English

Publication Date:

May 15, 2007

ISBN/ISSN:

9781451825770/1934-7685

Stock No:

1MEXEA2007008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

19

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