Monex retained its crown as the top issuer of structured products in Mexico and has now captured a 60% market share consistently over the last two years.

SRP spoke to Damian Vera ( pictured ), co-heads of derivatives sales and structuring at Monex alongside Louis de Winter, about last year’s activities, market trends and the need to digitalise processes to grow the market. “We saw an 18% fall in volumes year-on-year up until the end of Q3. However, this is not bad news for us because despite the falling volumes we have increased our fee revenues by 20%,” said Vera. Our growth over the last few years has been above our expecta

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