Mexico's BMV Deploys RTS Front End

Mexican stock exchange Bolsa Mexicana de Valores (BMV) has rolled out a new front-end system from RTS Realtime Systems Group, which enables members of the exchange and MexDer, the Mexican derivatives exchange, to access the equity and derivatives markets and their market data on an exchange-provided trading screen, and provides RTS risk management tools for all asset classes.

RTS has provided technology to MexDer for three years.

The rollout includes access to RTD Trader for click trading and RTD Tango Trader for combining click and algorithmic trading. RTD Tango Trader enables members of BMV and MexDer to trade spreads between one another and the markets of CME Group, as part of a south-to-north order-routing agreement.

"This is a great example of successful collaboration between a technology vendor and exchange staff to introduce the seamless integration of multiple trading platforms onto one screen," says Jorge Alegría, head of market operations at BMV Group. "Thanks to a terrific, dedicated effort in recent months—and groundwork laid in 2009 by MexDer and RTS—when we complete the final phase of adding cash bond markets execution capabilities, BMV Group will be one of the first exchanges to list all asset classes on a single exchange-provided front-end."