New Mexican Exchange BIVA Selects Nasdaq for Trading, Surveillance Tech
Second national exchange announced it will implement Nasdaq’s X-stream and Smarts.
BIVA, which is currently seeking final approval from Mexico’s Ministry of Finance, is looking to become Mexico’s second stock exchange, joining mainstay Bolsa Mexicana de Valores (BMV).
Santiago Urquiza, chairman of Cencor, tells WatersTechnology that Cencor initially considered having the firm’s in-house IT division, CapitalStar Systems, build the trading platform. However, after consideration, Urquiza says the decision was made to portion out various components of the BIVA platform with
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