Mexico Looks To Reinvent There Stock Market

Online, June 3, 2010 (Newswire.com) - (San Diego, Ca, June 1, 2010) - Mexico's economic stock market has re-launched itself to become bigger, better and stronger, becoming one of the fastest changing markets in the world today.

The Bolsa Mexicana, or Mexican Stock Exchange, hosts some of Mexico's most well-known and reputable companies. The companies listed on the Mexican Stock Exchange include: Cemex, Telmex, America Movil, TV Azteca and Televisa.

"As the global economy improves, people are looking for investment plans that will allow them to retire well," said Carlo Hermosillo, an equity analyst for Vector in a recent interview with Latino Business Review (www.latinobusinessreview.com).

Additionally, Luis Tellez, the BMV's president, announced that the investing rules for Mexico's pension funds, afores, would become more flexible. Afores can now be invested in individual stocks, including IPOs, whereas before they were only allowed to be invested in indices.

In Latino Business Review, several economists mentioned that they believe that Mexico will grow at least four percent for the year, because of the fundamental changes that have occurred within the Bolsa. Those changes are to attract high-frequency trading, including the increase of speed and efficiency of processing orders, in order to generate profits and create new products.

To read the full article, go to http://www.latinobusinessreview.com/magazines/2690.