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News Flash: |
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MexBank is delighted to announce that it has become MexGroup. (MXBK Group SA de CV). It has become the parent company and sole owner of all the companies within the Group. MexBank has been reorganized to better serve you and to better conform with regulations at home and abroad. Our rapid growth and expansion into multiple areas of service has required us to separate our operations into distinct divisions. This will insure that any policies or regulations that apply to one division’s activities are always properly apportioned to that division. It is paramount that all our operations in every division comply with the specific applicable regulations that govern that particular business activity. |
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MBFX and Forex MBFX is an entity that focuses on the management of currencies. For currency transactions, MBFX acts as the conduit to access the spot market segment of the FOREX market and trades all the major G7 currencies, which includes the US Dollar, Canadian Dollar, Euro Dollar, Swiss Franc, Japanese Yen, British Pound, and the Australian Dollar. MBFX gives its Customers access to this Interbank Over the Counter (OTC) Spot FX market. We are established as a qualified investor and currently trade through Value Asset Management. |
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About MBFX: Since it's formation by MexGroup, MBFX has successfully established direct (no dealing desk) relationships with major liquidity provider banks in Europe. This was done to insure that any size trade during a fast moving market would be executed at the price stipulated by our traders and our automated system trading platform. As currency traders know, slippage and not filling orders timely is the primary cause of swing trade losses. Swing trades are the primary target of automated trading systems, therefore execution must be free from any type of delay. Under the direction of Value Asset Management we have incorporated the best combination of human talent and automated technology presently available to us at any price.Read More about the New MBFX in the About Us Section or by clicking HERE
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Governmental Special Purpose Endeavours: In 2001, MexBank S.A. de C.V. allied with a Credit Union offering a wide range of services throughout Mexico and the government of Mexico to provide special purpose financing against assets in excess of $45 Billion USD. The Credit Union had the rights, authority, power, and ability under the laws of the Federal Government of the United States of Mexico to issue Titles of Credit, namely Bonds, Letters of Guarantee and the like. The authority and power of the Credit Union to issue Titles of Credit was via the federal law of the United States of Mexico, the Federal General Law of Credit Auxiliary Organizations and activities, Article 40-111. In 2003, the governmental purpose for the MexBank/Credit Union alliance was completed and the title deeds being held by the Credit Union to over $45 Billion USD in Real Estate was returned to the owners. This successfully fulfilled MexBank's obligation to the endeavour and earned it a pristine reputation in the area of professional administration. MexBank had made its mark as a reliable custodian. |
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