Economy of Mexico banks”, bonded warehouses, bonding companies and foreign-exchange firms. A wave of acquisitions has left Mexico's financial sector in foreign hands. Their foreign-run affiliates compete with independent financial firms operating as commercial banks, brokerage and securities houses, insurance companies, retirement-fund administrators, mutual funds, and leasing companies. Mexico has a single securities market, the Mexican Stock Exchange (Bolsa Mexicana de Valores, known as the Bolsa). The market has grown steadily, with its main indices increasing by more than 600% in the last decade. It is Latin America's second largest exchange, after Brazil's. The total value of the domestic market capitalization of the
Rancho Bolsa de San Cayetano Rancho Bolsa de San Cayetano Rancho Bolsa de San Cayetano was a Mexican land grant in present-day Monterey County, California given in 1824 by Governor Luís Antonio Argüello to Ygnacio Ferrer Vallejo, and confirmed to his eldest son, José de Jesús Vallejo, by Governor José Figueroa in 1834. The name means "pocket of St. Cayetano". Pocket usually refers to land surrounded by slough - in this case the Elkhorn Slough. The grant was bordered on the west by Monterey Bay and on the north by the Pajaro River, and is just south of present-day Watsonville. Ygnacio Vicente Ferrer Vallejo (1740–1832),