Bolsa Mexicana de Valores
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| Type | |
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| Location | Mexico City, Mexico |
| Founded | 5 September 1933 |
| Owner | BMV Group |
| Currency | Mexican Peso |
| No. of listings | 140 |
| Market cap | USD 402.99 billion (February 2016) |
| Volume | USD 134.86 billion (Jan-Dec 2015) |
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| Website | www |
The Mexican Stock Exchange (Spanish: Bolsa Mexicana de Valores), commonly known as Mexican Bolsa, Mexbol, or BMV, is the only in Mexico. It is the second largest stock exchange in Latin America, only after Brazil's BM&F Bovespa. It is also the fifth largest stock exchange in the Americas. The exchange platform is owned by BMV Group, which also owns the derivative exchange MexDer and the custody agency Indeval.
The BMV was created out of the merger of the three stock exchanges which formerly operated in Mexico: The Bolsa de Valores de México, which operated in Mexico City, the Bolsa de Occidente (Occidental Stock Exchange) in Guadalajara, and the Bolsa de Monterrey (Monterrey Stock Exchange). The exchange kept modernising until its introduction of a fully electronic system for trading which was consolidated in 1999.
In 2014, the Mexican Stock Exchange completed its first trade as a part of MILA which, together with the stock exchanges of , , and , is the largest securities market by total capitalisation in Latin America.
From 1880 to 1900, Plateros and Cadena streets in the historic centre of Mexico City were home to recurring meetings in which brokers and businessmen purchased and sold all kinds of commodities as well as stocks in public offerings. Afterwards, exclusive groups of shareholders and issuing company representatives would gather to negotiate behind closed doors in different places around the city.
In 1894, Manuel Algara, Camilo Arriaga, and Manuel Nicolín pushed, among the most distinguished brokers of the time, the idea of a normative and institutionalised system to trade securities. With the increased backing and widespread support for his ideas, the Bolsa Nacional (National Stock Exchange) was founded on 31 October 1894 at 9 Plateros Street, later renamed Madero Street. Less than a year later, another group of brokers, led by Francisco A. Llerena and Luis G. Necochea, formed a society named Bolsa de México (Stock Exchange of Mexico), and registered as a competing establishment on 14 June 1895. Because of coinciding objectives and links between members of the two institutions, leaders began discussing a union between them. On 3 September 1895, the merger was finalised, keeping the name Bolsa de México, and the administrative offices at the Plateros Street address. The company was officially inaugurated on 21 October 1895.
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