SunGard Global Network Increases Liquidity Sources with the Addition of Finamex

JERSEY CITY, N.J., Sept. 20 /PRNewswire/ -- Casa de Bolsa Finamex has selected the SunGard Global Network (SGN) for Securities to expand its reach in the global trading community.  Finamex offers a full range of brokerage services in equities and derivatives to more than 50,000 clients globally.  Finamex will use SGN Securities to collect order flow and execute on the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).

SGN Securities routes equities, listed derivatives and fixed income orders to over 110 global markets. SGN Securities will help Finamex and its clients expand their market reach, and achieve more bi-directional business growth opportunities by connecting to over 2,000 asset managers and 500 broker-dealers worldwide.  In addition, SunGard customers will be able to access more liquidity through the addition of a leading broker in Mexico.  

Emerging markets, like Mexico, are growing rapidly and are experiencing regulatory and market changes as well as an increased demand for electronic trading systems that can keep pace with market activity.  SunGard has had a physical presence in Mexico for several years, first offering direct market access (DMA) through Mexican exchanges in 2006.  Earlier in 2010, SunGard expanded its reach in Latin America when it was selected to act as a DMA provider for the Brazilian derivatives markets.  

Hector Casavantes, head of electronic trading at Finamex, said, "We are committed to expanding our presence globally and providing the finest execution services on the Mexican market.  With buy and sell-side firms around the world requesting that we offer electronic trading as our primary service, the increased connectivity that SGN Securities offers will help us provide our clients with access to new sources of liquidity, and a larger trading network."

Raj Mahajan, president of SunGard's trading business, said, "Latin American market indices rose significantly over the past decade.  As a result, our customers are increasingly demanding more points of access to help them trade globally as they look for new sources of revenue.  SunGard's investment in emerging markets such as Mexico and Latin America will help our customers grow their businesses more efficiently."

About Casa de Bolsa Finamex

Finamex (Casa de Bolsa Finamex SAB de CV) is the leading provider of high-quality market access products for the Mexican stock markets. Finamex services diverse participants globally such as institutional, corporate and professional investors, as well as financial supports services firms worldwide. Finamex is member of the Bolsa Mexicana de Valores (BMV) and the Mexican Derivatives Exchange (MexDer), and through Valores Finamex International, a USA Broker Dealer, registered in the NASD since 1990. Finamex is listed on the Mexican Exchange as FINAMEX.O and has hundreds of clients in over 10 countries globally.

About SunGard Global Network

A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equities, fixed income, listed derivatives, mutual funds, money market funds and other cash equivalents. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing.  It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including more than 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.

About SunGard

SunGard is one of the world's leading software and technology services companies.  SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries.  SunGard provides software and processing solutions for financial services, higher education and the public sector.  SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.  With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit www.sungard.com.

Trademark Information: SunGard, the SunGard logo and the SunGard Global Network (SGN) are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries.  All other trade names are trademarks or registered trademarks of their respective holders.

SGN Brokerage Services offered in the United States and Canada are provided by SunGard Institutional Brokerage Inc., Member FINRA/SIPC

SGN Brokerage Services offered throughout Europe, the Middle East, Africa and Asia Pacific are provided by SunGard Global Execution Services Limited  which is authorised and regulated by the Financial Services Authority, No. 469919 - Incorporated and registered in England and Wales No. 3127109 - Registered Office: 25 Canada Square, London E14 5LQ.

SunGard Global Execution Services Limited (ARBN No. 132 508 742) is exempted from licensing under Australia Securities & Investments Commission Class Order 03/1099 and is regulated by the Financial Services Authority under UK laws, which differ from Australian laws.

Finamex is not affiliated with SunGard. This information has been provided for informational purposes only without regard to any particular user's investment objectives, financial situation, or means, and by posting such information SunGard is not soliciting any action based upon such information. The information provided is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any particular trading strategy in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The securities and services mentioned may not be available to retail investors, and may not be registered or authorized in certain jurisdictions and therefore may not be available to certain clients.

SOURCE SunGard