Mexico’s Explores MILA Partnership

Mexico’s stock exchange is interested in exploring operational partnerships with the Peruvian, Chilean and Colombian bourses making up the Mercado Integrado Latinamericano (MILA). The Bolsa says no agreement has been made yet, but there are possibilities for investments or a strategic alliance. Executives from the Lima and Bogota exchanges have said that tie-ups with Mexico and Panama would be a logical next step for MILA. These types of expansions and the improvement of the existing cross-listing platforms are top priorities in the next five years.