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Technology news

Mexican Stock Exchange eyes global growth with BT


16 October 2016 Mexico City
Reporter: Maddie Saghir

Generic business image for news article
Image: Shutterstock
The Mexican Stock Exchange, part of BMV Group, has signed a new contract, which will give it global reach via the BT Radianz Cloud.

The new contract will make it easier for global investors, market data vendors, and service providers who seek access to Mexico’s financial markets.

Additionally, the deal with enable BT to distribute the latest BMV multicast feeds over the BT Radianz Cloud.

Meanwhile, the Mexican Stock Exchange’s contract with BT furthers its strategy to expand its global coverage by giving it access to the Radianz Cloud community, which is a ready-to-exploit global marketplace that can help it to accelerate international growth.

José Manuel Allende, senior vice president of issuers and information for BMV Group, said: “Mexico is a growing market and one that international investors are increasingly seeking to access. We’ve made it easier for them to reach us by joining the Radianz Cloud.”

“This gives us a new secure and reliable distribution channel to deliver our broad set of equities and derivatives market data feeds to institutions globally. It creates opportunities for growth in our international customer base and expands our global footprint.”

Michael Woodman, managing director, Radianz, BT, said: “Today’s agreement is a great example of how BT continues to invest in the Radianz Cloud to expand its reach and the scope of services available to its community members.”

“Furthermore, it will help grow trading activity and investment into and out of Mexico in a way that can lead to a more vibrant market, promoting the country as a global financial hub.”
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