Mexico’s stock exchange saw a 63 percent jump in average daily trading operations this year as it rebounded from the turmoil in world financial markets.Mexico’s plan to launch direct market access and expand high-frequency trading follows Brazilian exchange operator BM&FBovespa (BVMF3.SA), which in recent years has become one of the world’s largest stock markets.

Mexico looks to Brazil

Brazil allowed algorithmic derivatives trading this year and BM&FBovespa is awaiting approval to offer the same for equities. Despite strong gains in Mexican stocks, with the IPC index .MXX up about 45 percent in 2009, and optimism about returns in 2010, Mexico struggles to entice privately held companies to go public.