Mexican Stock Exchange the charter and bylaws of the Bolsa de Valores de México, S.A. (Stock Exchange of Mexico) were approved, and on 5 September, the institution was incorporated. That same year, the National Securities Commission, later renamed National Banking and Securities Commission, was established to supervise the Bolsa de Valores de México. Because of substantial industrial and commercial growth in Mexico mid-century, owing to the rise in the creation of maquiladoras in northern Mexico, as well as the accumulation of capital and the constant creation of new businesses at the time, the Monterrey Stock Exchange was established, and it grew to serve
Bolsa de Valores de Montevideo as special partners. In 1996 the trading activity was favored with the appearance of the Savings Fund Administrators (AFAP ) and the Securities Market Act and Notes. The following year, the BVM developed its System Clearing, Settlement and Custody . In 2008 it began operating with the electronic Spanish Stock Market Integrated System (SIBE ) . In Uruguay in the late nineteenth century and early twentieth century, many enterprises began life taking capital from the market's risk. At the time nearly 50 national companies came to list its shares on the stock . Bolsa de Valores de Montevideo Bolsa de