Rand Financial Services, Inc. now offers connectivity to the Mexican Derivatives Exchange (MexDer) through Patsystems. Customers of Rand Financial can now access MexDer products including currency, index, and interest rate futures as well as options.
“With the rapid growth of MexDer’s TIIE 28-day interest-rate contract, our customers have expressed growing interest in MexDer products.” said Mike Manning, President and CEO of Rand Financial Services. “In partnership with Patsystems, we are pleased to be able to provide our customers with access to this contract as well as other products offered by the Mexican Derivatives Exchange.”
“MexDer has been adding important changes to our regulatory and technology framework, in order to allow and facilitate the participation of international players in our Market.” said Jorge Alegria, CEO of the Mexican Derivatives Exchange. “We are delighted to have Rand Financial, a very well known and respected FCM in the derivatives industry providing client access to our exchange. This event is even more relevant for us because the connectivity is provided by Patsystems, one of the leading companies in the technology sector, increasing our capability of connecting more participants to MexDer.”
"We believe that our extensive market connectivity is a major advantage to our customers,” said Patrick Kenny, Patsystems Managing Director, North America. “We are pleased to provide Rand Financial with connectivity to MexDer and look forward to working with both parties on this joint venture.”
