The Mexican Stock Exchange (in Spanish: Bolsa Mexicana de Valores, BMV) is Mexico's only stock exchange. It is headquartered on the prestigious Paseo de la Reforma in central Mexico City. It is the third stock exchange in the Americas. The total value of the Mexican Stock Exchange is estimated to be over US $600 billion.BMV is a public company, and there are also the members, which are the brokerage firms. The exchange trades debt instruments including Federal Treasury certificates (CETES), Federal Government Development bonds (BONDES), Investment Unit bonds, Bankers acceptances, promissory notes with yield payable at maturity, commercial paper and development bank bonds. In addition, it also trades stocks, debentures, mutual fund shares, and warrants. Trading is conducted electronically through the BMV-SENTRA Equities System. Settlement is T+3, and trading hours are 8:30 a.m. to 3 p.m. for the capital markets and 8 a.m. to 2:30 p.m. for debt instruments (Monday through Friday).
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