Mexico Exchange To Upgrade Trading Platform

Bolsa Mexicana de Valores is planning to introduce a new matching engine.

Bolsa Mexicana de Valores (BMV) is planning to introduce a new matching engine, waterstechnology reports. The Mexican exchange operator is looking to attract the high-frequency trading (HFT) community using the newer technology.

The new engine will be delivering 100-microsecond message latency relative to the 25-millisecond latency of its current equities platform and will support more than 200,000 messages per second. BMV has also entered into an order-routing agreement with Chile and is eying a similar deal with Brazilian exchange BM&FBOVESPA.

Click here for the story from waterstechnology.