• Domestic Capitals Mexican Market (Equities).
• International Capitals Market (SIC) listed in the Mexican Market.
• Derivatives Markets (Mexder) for Options and Futures.

Whether orders want to be directly routed to the floor via FIX, or entered through any of the systems provided by Finamex (for example, our world-class terminal called Finamex Quotes), anyone can have the total capacities for accesing in all which in is obtained the better speed, diversity of products, and quality of service.

1. Orders Effective-Until and Effective at Certain Time.
2. Orders to Market (the best possible execution).
3. Immediate or Cancel or Fill-or-Kill Orders.
4. Worked Orders, Administrated or Cared (Worked by a Finamex Expert).

1. Pursuing Orders (Looking for the best Posture in Trading Actively).
2. Best Passive Limited Posture (Putting the order once in the top of the book).
3. Hidden Volume Orders (Iceberg).
4. Closure Price Orders (MOC).
5. After the Closure (up to 5 minutes after).

With an industry increasingly interested in taking the control of an own trading strategy in stock markets, as well as for the interest of having bigger execution speed, smaller access costs and bigger anonymity or discretion regarding the strategy, the Program Trading mechanisms (PT) are having force in an important way.

So, since 2005, Finamex provides Capitals and Derived Mexican Markets' Access electronic mechanisms, and we have celebrated agreements with such world electronic nets as Bloomberg, CMA, Marcopolo, Thomson and TradingScreen (among others) in order to provide access from locations from any part of the world.

Electronic Capital Markets

We have the most modern connectivity systems and orders' registration technology for the intermediation toward the Capitals Mexican Market. We can receive orders from different clients using the FIX protocol in any of its versions.

Once Finamex receives the FIX instructions from the clients, carries out protocol and business validations, to then register and forward the postures to the market according to the specifications the client dictates.

The system is able to manage the orders in three modalities, a. Traditional Operation, b. Operation of Algorithms, and c. Direct Operation (DMA), as described next:

• The Traditional Operation is the one in which the orders are received by Finamex operators who take care of the execution according with the instruction dictated by the client.
• The Direct Operation, also called DMA by its initials in English, refers to the direct shipment of the orders to the selling floor instantaneously, giving him the value to send the orders without intervening in their content.
• The Algorithms Operation, similar to the direct one, is a functionality provided for automated execution according to predefined strategies, among which are VWAP, TWAP and Participation which the client can also select in advance for each order.

At the moment, through this system, Finamex provides the clients the capacity to send diverse kinds of instructions:

1. Buying or selling order registration.
2. Modification Request.
3. Cancellation Request.
4. Orders’ Status Request.

1. Execution Reports of all the corresponding types to the messages sent by the client (Answers, total and partial facts, rejections for protocol nonfulfillment or invalid values).
2. Rejections (in case of protocol nonfulfillment or invalid values).

Electronic Derivatives Market

As for the Capitals market, Finamex provides the access capacity to the most modern Orders Entrance and Registration electronic system Computer-to-computer type, used for the intermediation toward the Derived Mexican Market. This allows Finamex to receive orders from different clients using the fix protocol.

Once Finamex receives the FIX instructions by the clients, carries out protocol and account validations, registers and forwards the instructions to the market or the clearing partner according to the specifications that this last one dictates.

The system is able to manage the orders in two modalities, a. Operation through the Clearer and b. Direct Operation to the Market, as described next:

• The Operation through the Clearer is that in which first all the orders are sent to the clearing partner selected by the client. This in turn, sends them to the Mexder's selling floor, and all the answers, confirmations, reports or rejections are received by Finamex by the Clearing Partner.
• The Direct Operation, also called DMA by its initials in English, refers to the direct shipment of the orders to the selling floor and the simultaneous shipment to the Clearing Partner.

At the moment, through this system, Finamex provides the connected clients the capacity to send the following kind of messages:

1. New Simple Order.
2. Modification and Cancellation Request.
3. Order Status Request.
4. Status Request and Values List.
5. Session Status Request.
6. Request of Subscription to Market Data (as provided by the Mexder).

1. Execution Reports of all the types corresponding to the messages sent by the client (answers, total and partial facts, protocol nonfulfillment rejections or invalid values).
2. Rejections (in case protocol nonfulfillment rejections or invalid values).

Supervising and Service Level Agreements (SLA's)

Finamex provides the clients with the on-line system FIX@Finamex necessary to administer the operation flow in a complementary way. Through this, the client will be able to obtain operation's situation daily and historical balances, orders status and other instructions, and additionally, operations such as Orders' Unitary or Massive Cancellation, Orders' Registration, and other technical as Session's Diverse Variables Initialization, etc.

Furthermore, this system provides response time's analysis reports provided during the entrance or historical session, as well as other measurements of readiness and necessary access to measure the level agreements established in the service rendering agreement, in case the client wants it.