Bolsa Institucional de Valores
{{Infobox exchange
| name = Institutional Stock Exchange
| logo = Logo de BIVA.svg
| caption =
| native_name = Bolsa Institucional de Valores
| native_name_lang = es
| type = Stock Exchange
| predecessor =
| successor =
| foundation = {{start date|2017}}
| founder = Santiago Urquiza Luna Parra
| defunct =
| city = Mexico City
| country = Mexico
| key_people = Santiago Urquiza
(Presidente)
María Ariza
(CEO)
| commodity =
| currency = MXN
| listings =
| mcap = Private company
| volume =
| indexes =
| owner = Cencor
| num_employees = 55 (31 August 2017)
| homepage = {{URL |http://www.biva.com/ }}
}}
The Institutional Stock Exchange ({{langx|es|Bolsa Institucional de Valores}}), commonly known as BIVA, is Mexico's second stock exchange, based in Mexico City. BIVA began operations on 25 July 2018 and trades the same instruments as the other exchange in Mexico, the Bolsa Mexicana de Valores: equities, debts, warrants and some Mexican-specific instruments such as CKDs and FIBRAs.
History
On 29 August 2017, President Enrique Peña Nieto presented Santiago Urquiza Luna Parra, president of BIVA's parent company Cencor, with the concession to open and operate a new stock exchange in Mexico, the Bolsa Institucional de Valores (BIVA).{{cite web|url=https://www.gob.mx/presidencia/articulos/nueva-bolsa-institucional-de-valores?idiom=es|title=Nueva Bolsa Institucional de Valores|first=Presidencia de la|last=República|website=gob.mx}} The concession itself was published the same day in the Diario Oficial de la Federación.[http://www.dof.gob.mx/nota_detalle.php?codigo=5495298&fecha=29/08/2017 TÍTULO de Concesión que otorga la Secretaría de Hacienda y Crédito Público, en favor de Bolsa Institucional de Valores, S.A. de C.V.] Diario Oficial de la Federación
The stock exchange commenced operations on 25 July 2018, ending the 43-year monopoly of the BMV in the Mexican stock exchange market.{{cite news|url=https://www.eleconomista.com.mx/mercados/Entra-en-operacion-Biva-e-inicia-competencia-20180724-0121.html|work=El Economista|first=Judith|last=Santiago|access-date=25 July 2018|date=24 July 2018|language=es|title=Entra en operación Biva e inicia competencia}} The exchange's first opening bell was rung in a ceremony at the Altar de la Patria in Mexico City.{{cite news|url=https://www.eleconomista.com.mx/mercados/1-de-cada-4-adultos-es-socio-de-la-Bolsa-Institucional-de-Valores-a-traves-de-sus-afores-20180725-0047.html|date=25 July 2018|access-date=25 July 2018|title=1 de cada 4 adultos es socio de la Bolsa Institucional de Valores, a través de sus afores|language=es|first1=Judith|last1=Santiago|first2=Estephanie|last2=Suárez|work=El Economista}}
== See also ==