Editing Mexican Stock Exchange (section)

===Mexican Stock Exchange created===
[[File:Nace_la_Bolsa_Nacional.jpg|thumb|left|250px|The National Stock Exchange is born.]]

Because of low performance in the Guadalajara and Monterrey stock exchanges, however, Congress passed in 1975 the Securities' Market Law, which prompted the Bolsa de Valores de México to change its name to Bolsa Mexicana de Valores (Mexican Stock Exchange) and merge the other two exchange houses into it, creating thus the single entity that remains to this day the only stock exchange in Mexico.

On 19 April 1990, the Centro Bursátil was finished on [[Paseo de la Reforma]], turning the Stock Exchange Centre into the heart of the financial district of Mexico City. Five years later, the BMV completely modernised the centre, introducing a completely electronic system (BMV-SENTRA) which was phased into the workings of the exchange, becoming fully operational by 1999.

In 2001, [[Citigroup]] became the first foreign company to begin trading in the BMV, opening the door to many new companies to do the same, especially from Central and South America. The same year, the Securities'  Market Law was reformed according to the demutualisation of BMV. The following year, the Corporativo Mexicano del Mercado de Valores, S.A. de C.V. was constituted to manage the hiring of personnel, and administration of the Stock Exchange and other financial institutions within the centre.

[[File:Bolsa de Valores México.JPG|thumbnail|right|250px|The Stock Exchange Centre in 2012]]
In 2003, the global market was made available through the BMV, allowing national investors access to foreign securities from within the country. In 2006, the Mexican securities market was opened to foreigners through the MexDer system, allowing them operation from anywhere in the world. In October of the same year, four ETFs ([[exchange-traded fund]]s) over indexes of the stock exchange itself were listed, placing BMV in the first place in [[Latin America]] in terms of ETFs listed over own indexes, and as the leading stock exchange in terms of total ETFs.

In 2010, the BMV signed an alliance with the world's largest derivatives exchange, the [[Chicago Mercantile Exchange]], putting Mexican derivatives within reach of international investors.

The Mexican Stock Exchange, BMV, announced its first trade made as part of the [[Mercado Integrado Latinoamericano|Latin American Integrated Market]] (MILA by its Spanish initials) on 2 December 2014.<ref name="FTMILA">{{cite web|author= Jude Webber|title= Mexico exchange names Sacristán as new head| url=http://www.ft.com/intl/cms/s/0/4ef088e4-7a43-11e4-a8e1-00144feabdc0.html#axzz3OKK1KxiZ |archive-url=https://ghostarchive.org/archive/d85uo |archive-date=2022-12-10 |url-access=subscription |publisher=Financial Times |access-date=9 January 2015}}</ref> The trade on MIILA was a $1,415 purchase of 200 shares in Chilean retailer [[Falabella (retail store)|Falabella]], executed by GBM Mexico through GBM Chile.<ref name="FTMILA"/> With the entry of Mexico into MILA, the integrated stock market now counts 798 issuers among the four countries, making it the biggest market by number of listed companies in Latin America, and the biggest in terms of market capitalization, according to the [[World Federation of Exchanges]].<ref name="FTMILA"/> The joint capitalization of the four bourses tops US$1.25 trillion, making it larger than the US$1.22 trillion [[BM&F Bovespa]].<ref name="Nasdaq">{{cite web|author= Peter Kohli|title= The Andean Exchange: A Developing Market Opportunity In Our Backyard| url=http://www.nasdaq.com/article/the-andean-exchange-a-developing-market-opportunity-in-our-backyard-cm331968#ixzz3OKW48vfz |publisher=Nasdaq |access-date=9 January 2015}}</ref> The move comes largely as step in the integration efforts between Mexico, [[Chile]], [[Colombia]], and [[Peru]], as members of the [[Pacific Alliance]].