Listed Derivatives - MexDer

Your key to Mexican Derivatives Exchange,
your key to opportunities…

Scotiabank is a founding clearing member and a shareholder of the Mexican Derivatives Exchange (MexDer) and the Mexican Clearing House, Asigna, through a trust called Socio Liquidador Inverlat, and operating under the legal name Scotia Inverlat Derivados S.A. de C.V. The main objective of the trust is to clear options and futures contracts traded by its clients in MexDer.

For the over 70% of Mexico market makers and 80% of foreign resident customers who use our clearing and brokering services:

  • FAST execution
  • EFFICIENT ACCESS to MexDer
  • RELIABLE and FLEXIBLE service
  • Strong CAPABILITIES
  • CLIENT FOCUS

For more information please download the following documents:

Derivative Products

We trade and clear all futures and options listed on the MexDer:

  • Interest Rate Futures (TIIE 28 days, CETE 91 days)
  • Bond Futures (3 & 10 years)
  • Currency Futures (UDIS, Euro and USD)
  • Index Futures & Options (IPC)
  • Stock Futures (G. Carso, Telmex, Cemex, Femsa , America Movil)
  • Stock Options (America Movil, Naftrac, QQQ, IVV)

Services and Advantages

Our clearing-member status ensures efficiency and innovative risk management control for clients. And in addition to providing excellent support, clients clearing with Scotiabank have access to:

  • Attractive Commissions
  • Extreme Confidentiality
  • Timely Information Issued by Asigna and MexDer
  • High Speed Credit Ratings
  • High Operative Limits
  • Flexible Information System
  • Electronic Wiring
  • Electronic Daily Confirmation Letters
  • Monthly Statement Account (monthly account statements)

Proven Performance

Over the last few years, Scotiabank has proven clearing capabilities in MexDer and demonstrated leadership in the Mexican market. Recent accomplishments include:

  • Traded and cleared the first transaction of a foreign client on the Mexder (Jan, 2002)
  • Traded and cleared the first transaction of a Mexican pension fund on the Mexder (March, 2004)
  • Traded and cleared the first option transaction of a Mexican pension fund on the Mexder (Jan, 2005)
  • Received special distinction award due to our outstanding participation in the market (2002, 2003 & 2005)

Opening An Account

To open your MexDer account with Scotiabank, follow these three steps:

  1. Contact us and send all documents required
  2. We receive the documents, fill the contracts and send them back to you
  3. Sign the completed contract and send it to us

Note: all contracts are cleared by Socio Liquidador Inverlat.

Documents Required:

  • By-Laws
  • Power of Attorney
  • Official ID with photograph and signature of the people with Powers of Attorney (i.e. Passport)
  • Tax ID of the Company and legal representative(s)
  • Address of the Company (Official Receipt)
  • Financial Statements (for the last four months)

With a team of dedicated professionals in Mexico and with global capabilities and resources of Scotiabank's full service derivatives team behind us, we are focused on helping you seize opportunities and achieve your financial and strategic objectives.

Contacts

For more information about our capabilities on MexDer or to open an account, contact our Mexico Derivatives Sales team:

Mex.Der@scotiabank.com
T 5255.5325.3615
T 5255.5325.3637

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