New Volume Traded Record In MexDer

In March 2006, a new trading record was established in MexDer; where the total amount of contracts traded reached 45.5 millions, up 52% over the previous record, registered in June 2003 (29.9 millions of contracts).

The increase in volume traded is explained mainly due to a higher participation of institutional investors and to the recent volatility presented in the local interest rates, as well as to an active participation of Market Makers on futures with longer maturity dates.

The notional value traded in March is equivalent to 422.4 billions of U.S. Dollars.

From the total volume registered, 97% corresponds to the 28-day TIIE futures contract. Nevertheless, the volume reached by the Peso / U.S. Dollar future is remarkable, with 851,110 contracts negotiated, up 79% over previous record in January 2005.

The most active members during this month were: Santander Serfin, Stock & Price, BBVA Bancomer, ING Bank and Scotiabank Inverlat.