Bolsa Mexicana De Valores Sab De Cv Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 15, 2019 at 03:08 pm EDT
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Bolsa Mexicana de Valores SAB de CV announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was MXN 933.764 million compared to MXN 871.846 million a year ago. Operating income was MXN 501.636 million compared to MXN 456.193 million a year ago. Net income was MXN 368.605 million compared to MXN 332.810 million a year ago. For the nine months, operating income was MXN 1,402.718 million compared to MXN 1,404.430 million a year ago. Net income was MXN 1,027.880 million compared to MXN 1,017.733 million a year ago.
Bolsa Mexicana De Valores SAB de CV (BMV) is a Mexico-based company engaged in the financial market operations. The Company's activities are divided into six business segments: Stock Exchange, operating the Mexican stock exchange; Derivatives, listing and trading future and option contracts; Brokerage, providing brokerage services for securities enrolled in the National Securities Registry; Settlements, offering clearing and settlement services for financial and commodities derivatives and securities transactions; Custody, providing custody services related to securities clearing and settlement, and Others, including news and information technology (IT) services, among others. The Company operates through a number of subsidiaries, such as Contraparte Central de Valores de Mexico SA de CV (CCV), Mercado Mexicano de Derivados SA de CV (MexDer), SIF ICAP SA de CV (SIF ICAP) and Valuacion Operativa y Referencias de Mercado SA de CV (Valmer).