2)
Individual
Account to a MexDer Trading Member or MexDer Clearing Member
3)
Omnibus
Account (Foreign Financial Entity)
An Omnibus Account will have indirect contact with MexDer through a
Trading or Clearing Member acting as a sponsor, and has two options:
1. Hire a MexDer Trading Member and a MexDer Clearing Member.
2. Sign a contract with a MexDer Clearing Member.
4) MexDer Trading Member
There are two types of MexDer Trading Member:
1.
Brokers
(Operadores) who trade like the U.S. Introducing Broker model and,
2.
Proprietary
Trading Accounts
MexDer
Trading Member have a direct relationship with the Exchange and its MexDer
Clearing Member(s)
There are no
membership costs or minimum volume requirements to become a MexDer Trading
Member. The only requirements are Minimum Capital, Exchange Admission
Approval and an Annual Regulatory Surveillance Fee with the local regulator.
5)
MexDer
Clearing Member
The firm
must enter a Trust – as a Trustor and Beneficiary, with an authorized
bank or securities broker as the Trustee in Mexico.
When you are
a MexDer Clearing Member your Counterparty Risk is the nationally rated -A
triple derivatives clearing house Asigna.
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