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China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

June 2009

Euromoney 40th anniversary special: Focus on Mercado Mexicano de Derivados



LATIN AMERICA

Pátria Investimentos
Mercado Mexicano de Derivados
BTG-Pactual
Eduardo Elejalde, Lavca
Protego Asesores
Latin America
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The 10-year old Mercado Mexicano de Derivados (MexDer), Mexico’s derivative exchange, has made a global name for itself. Unlike many of its emerging market peers, the exchange has taken steps to enable international members to operate remotely. The legal, regulatory and technological moves required for remote trading make MexDer a leading example of how to promote derivatives trading despite a small local market and stalled IPO issuance.

"Back in 2004 the exchange was struggling. We have now...


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