CFCL General information – Mexico
Reference
CFCL eligible fund types
Register market
Investment funds are known as mutual funds in Mexico and structured as corporations (sociedades anónimas de capital variable). There are two types of investment funds recognized by the Investment Funds Law and eligible in CFCL:
- Equity Securities Investment Funds (fondos de inversión de renta variable);
- Debt Investment Funds (fondos de inversión en instrumentos de deuda)
CSD link
No CSD link as the Mexico market is register only
Exchange Traded Funds (ETFs)
Exchange-Traded Funds (ETFs) are not permitted and cannot be traded within the Mexico market.
Operational arrangements
This section describes the operational arrangements of the Mexico market:
Register Market | Remarks | |
Settlement free of payment | Yes | |
Settlement against payment | Yes | Eligible settlement currencies (between CEU, CBL and CFCL counterparties only): AUD, CAD, CHFa, CNY, CZK, DKK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD and ZAR. |
a. Settlement in CHF is possible only for non-Swiss securities and not against SIX SIS as counterparty in CEU.