CMA Expands Latin America Network

"Rather than going to an emerging Latin American markets trading desk, [a trader] would normally call JPMorgan in New York and ask them to help execute the orders in Mexico," explains Dan Watkins, president of consultancy CC-Speed, which is contracted by CMA in the U.S. "That only gives me one destination. JPMorgan wouldn't pass me to Citi. I would have to call Citi. LatAm works orders in Mexico with Bancomer, Casa de Bolsa Finamex and all the local brokers."

CMA Trade Hub is a global network