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

_IMF Staff Country Reports, May 15, 2007_

## Source details

**Canonical URL:** [Mexico: Financial Sector Assessment Program Update: Technical Note: Derivatives Market: Overview and Potential Vulnerabilities](https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-derivatives-market-overview-20968)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-derivatives-market-overview-20968/index.md)
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## Bibliographic details
- Published: May 15, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825770.002

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### Overview of the note
- 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.

### Key findings about market structure and risks
- 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.

### Regulatory framework and risk management (scope)
- 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 areas and keywords (as listed)
- 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 and metadata (exact values)
- 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

*International 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*

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## Content in this bundle

- **Cr07169**
  - [Cr07169 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07169.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-derivatives-market-overview-20968_