CME Group (CME) Plans Index for Mexican Equity Market Exposure

CME Group Inc. (NASDAQ:CME) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 17, the company announced plans to launch E-Mini S&P BMV IPC Index futures, pending regulatory review.

CME Group (CME) Plans Index for Mexican Equity Market Exposure

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The new index seeks to offer broad exposure to the Mexican Equity Market in the future. It will track the most liquid stocks listed on the Bolsa Mexicana de Valores (BMV).

“Market participants investing in Latin American equity markets will now have another tool to broaden their trading strategies and potentially benefit from cross-margining with other CME Group benchmark financial products, including equity index, interest rates and FX,” said Paul Woolman, Global Head of Equity Products at CME Group.

Broadening exposure into the Mexican equity market comes on the heels of the CME Group confirming it is on course to launch more cryptocurrency pricing products designed to provide clients with transparent, robust, reliable reference rates. Starting June 23, the company will offer cryptocurrency pricing data via streamlined CME CF Cryptocurrency Pricing Market Data.

CME Group Inc. (NASDAQ:CME) is the world’s leading derivatives marketplace, offering trading, clearing, and data services across major asset classes. It provides cryptocurrency futures with multiple products for cryptocurrency risk management or market expression.

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Disclosure: None.