The Mexican Stock Exchange authorities announced on November 19th that starting on November 30, new rules for crossing stock on the BMV will be implemented.
As of November 30, crosses of 50% of the average daily traded volume of the last six months in a particular stock, will be able to be crossed “clean” (without interference from other brokers) as long as the cross is executed at a price between the bid and the offer.
Source: IXE, 20.11.2009
Filed under: BMV - Mexico, Exchanges, Latin America, Mexico, News, Risk Management , Exchanges, BMV Bolsa Mexicana de Valores, Mexico, IXE, Compliance, Trade, Risk Management, Regulation, Equity
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