UBS Investment Bank has launched direct market access (DMA) capabilities for clients that want to trade on Bolsa Mexicana de Valores, the domestic Mexican stock exchange.
Using the solution, UBS customers can send orders to the Mexican exchange directly from their execution or order management systems, including UBS's own Pinpoint EMS, anonymously.
UBS claim that clients using its DMA solution to trade in Mexico will be afforded lower-latency executions and broader direct access to flexible order types.
“We are extremely pleased to offer our clients unmatched, seamless, direct access to global liquidity, providing them with a diverse universe of trading choices,” said Damian Fraser, head of equities, Mexico for UBS. “UBS Mexico DMA is particularly exciting given our institutional clients' increasing focus on Latin America.”