{
  "title": "Mexico: Financial Sector Assessment Program Update: Technical Note: Derivatives Market: Overview and Potential Vulnerabilities",
  "publication": "IMF Staff Country Reports, May 15, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-derivatives-market-overview-20968",
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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.",
  "publishDate": "2007-05-15",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview of the note",
      "content": "- Provides an overview of Mexico’s derivatives markets.\n- Describes concisely the derivatives regulatory framework and risk management practices in financial institutions active in these markets.\n- Identifies the over-the-counter (OTC) derivatives market as the most important derivatives market in Mexico and notes it is fully integrated with the global derivatives market.\n- Traces the origin of the OTC derivatives market to the 1994 Mexican crisis that forced Mexico to abandon its fixed exchange rate regime."
    },
    {
      "heading": "Key findings about market structure and risks",
      "content": "- The most important derivatives market in Mexico is the over-the-counter (OTC) derivatives market.\n- The Mexican OTC derivatives market is fully integrated with the global derivatives market.\n- The origin of the OTC derivatives market is linked to the 1994 Mexican crisis and the abandonment of the fixed exchange rate regime."
    },
    {
      "heading": "Regulatory framework and risk management (scope)",
      "content": "- The technical note describes the derivatives regulatory framework in Mexico.\n- The technical note describes risk management practices in financial institutions active in derivatives markets."
    },
    {
      "heading": "Subject areas and keywords (as listed)",
      "content": "- Subject: Derivative markets, Expenditure, Financial institutions, Financial markets, Futures, Options, Over-the-counter markets, Pension spending\n- 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"
    },
    {
      "heading": "Publication and metadata (exact values)",
      "content": "- Publication date: May 15, 2007\n- Pages: 19\n- Volume: 2007\n- Issue: 169\n- Series: Country Report No. 2007/169\n- DOI: https://doi.org/10.5089/9781451825770.002\n- Stock No: 1MEXEA2007008\n- ISBN: 9781451825770\n- ISSN: 1934-7685\n\nInternational Monetary Fund. \"Mexico: Financial Sector Assessment Program Update: Technical Note: Derivatives Market: Overview and Potential Vulnerabilities\", IMF Staff Country Reports 2007, 169 (2007), accessed 9/22/2026, https://doi.org/10.5089/9781451825770.002\n\n---\n\n Content in this bundle\n\n- Cr07169\n  - Cr07169 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-derivatives-market-overview-20968"
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    "Published: May 15, 2007",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451825770.002",
    "Provides an overview of Mexico’s derivatives markets.",
    "Describes concisely the derivatives regulatory framework and risk management practices in financial institutions active in these markets.",
    "Identifies the over-the-counter (OTC) derivatives market as the most important derivatives market in Mexico and notes it is fully integrated with the global derivatives market.",
    "Traces the origin of the OTC derivatives market to the 1994 Mexican crisis that forced Mexico to abandon its fixed exchange rate regime.",
    "The most important derivatives market in Mexico is the over-the-counter (OTC) derivatives market.",
    "The Mexican OTC derivatives market is fully integrated with the global derivatives market.",
    "The origin of the OTC derivatives market is linked to the 1994 Mexican crisis and the abandonment of the fixed exchange rate regime.",
    "The technical note describes the derivatives regulatory framework in Mexico.",
    "The technical note describes risk management practices in financial institutions active in derivatives markets.",
    "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 date: May 15, 2007",
    "Pages: 19",
    "Volume: 2007",
    "Issue: 169",
    "Series: Country Report No. 2007/169",
    "DOI: https://doi.org/10.5089/9781451825770.002",
    "Stock No: 1MEXEA2007008",
    "ISBN: 9781451825770",
    "ISSN: 1934-7685",
    "**Cr07169**"
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