Earnings release
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1 2nd QUARTER 2025 RESULTS Mexico City, July 22nd, 2025. – Bolsa Mexicana de Valores, S.A.B. de C.V., (“the Bolsa or the BMV”) (BMV: BOLSA A) today announced its results for the second quarter of 2025, highlighting: Q2 2025 VS. Q2 2024 • During the second quarter of 2025, revenue reached 1,107 million pesos, representing an increase of 103 million or 10% compared to the previous quarter. This growth is attributed to i) greater dynamism in transactional businesses, ii) increased in cross border transactions and custody of global market securities, and iii) a favorable exchange rate effect on dollarized services, resulting from the depreciation of the peso. • Expenses increased by 6%, mainly driven by higher costs associated with personnel, technological developments and implementations, sub-custody of assets abroad, and the strengthening of the Group's presence in national and international forums, as well as promotional initiatives. • EBITDA reached 633 million pesos with a margin of 57.2% during Q2 25. • Net profit amounted to 400 million pesos, an increase of 4% compared to Q2 2024. FINANCIAL HIGHLIGHTS (1) Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % Revenues 1,107 1,004 10% 2,235 1,970 13% Expenses 535 507 6% 1,078 983 10% Operating Income 572 497 15% 1,157 987 17% EBITDA 633 556 14% 1,281 1,108 16% EBITDA Margin 57% 55% 183bps 57% 56% 108bps Net Income 400 385 4% 837 760 10% CAPEX 68 49 38% 100 104 -4% OPERATIONAL HIGHLIGHTS Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % ADTV -Equity (1)(2) 17,904 15,958 12% 17,616 15,280 15% Futures - Volume (3) 63,553 24,410 160% 54,335 31,263 74% Swaps Notional Value (1) 464,390 344,964 35% 648,390 479,568 35% Margin Deposits (1) 39,963 43,780 -9% 44,199 42,918 3% (1) Million pesos (2) Average Daily Traded Value (3) Daily Average During the second quarter of 2025, Grupo BMV's revenues increased by 103 million pesos or 10% compared to the second quarter of 2024, mainly explained by greater operation in transactional businesses, cross border transactions, and a higher number of assets under custody. Expenses grew by 28 million pesos or 6% compared to Q2 2024, due to higher personnel, technology, and fees expenses. EBITDA increased by 14% and the EBITDA margin was recorded at 57.2%. Net profit for the second quarter of 2025 was 400 million pesos, reflecting a growth of 4%. Please contact Hanna Rivas Karg, Head of Investor Relations for any queries, hcrivas@grupobmv.com.mx
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2 1,998 1,948 2,148 1,980 1,970 2,235 2020 2021 2022 2023 2024 2025 REVENUES During the second quarter of 2025, the FIX exchange rate reached a minimum and maximum in the quarter of 18.8 and 20.8 pesos per dollar respectively and closed at 18.8 in June. The average dollar- peso exchange rate was 19.6, while the previous year it was 17.2 pesos per dollar, resulting in a depreciation of 14%. Additionally, INEGI reported an annual inflation rate of 4.4% and Banco de México recorded the target interest rate at 8%. In the United States, the Federal Reserve maintained the reference interest rate at 4.25% - 4.50%. In this context, Grupo BMV's revenues for the second quarter of 2025 increased compared to the same period in 2024. Quarterly Revenues (1) Second Quarter Revenues (1) Revenues Detail (1) Q2 25 vs. Q2 24 H1 2025 vs. H1 2024 Var $ Var % Var $ Var % Cash Equities 8,026 6% 16,746 0 Equities trading- BMV 4,953 7% 7,579 5% Equities clearing- CCV 3,073 5% 9,167 9% Derivatives 12,452 22% 20,100 17% MexDer 10,797 44% 13,723 28% Asigna 1,655 5% 6,377 10% OTC (SIF ICAP) 3,430 2% 18,296 5% Capital Formation 6,352 5% 15,411 6% Listing fees- BMV 2,423 16% 4,098 14% Maintenance fees- BMV 3,929 4% 11,313 5% Central Securities Depository-Indeval 56,739 20% 124,391 22% Information Services 13,698 7% 49,501 14% Price Vendor- Valmer -2,423 -4% 10,313 9% Market Data 16,122 13% 39,188 16% Others 2,320 6% 20,441 25% Total 103,017 10% 264,887 13% (1) Million pesos CAGR(2) +2.3% (2) Million pesos 967 1,004 1,057 1,1381,128 1,107 1Q 2Q 3Q 4Q 2024 2025 Thousand pesos
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3 Equity Trading and Clearing Revenue obtained during the second quarter in the equities business was 138 million pesos, 8 million or 6% higher compared to the same period in 2024. Regarding equity trading, revenues were 79 million pesos, 5 million or 7% above what was reported in Q2 2024. The average daily traded value (VOPD) during the second quarter of 2025 was 17,904 million pesos, representing a growth of 12% compared to the second quarter of the previous year. The national and global markets (SIC) recorded variations of -9% and 60%, respectively. Additionally, the global market accounted for 44% of the total ADTV in the second quarter of 2025 compared to 31% in Q2 2024. Accumulated revenues for the year from equity trading were 155 million pesos, 8 million or 5% higher compared to the first half of the previous year. The ADTV in the first six months of 2025 was 17,616 million pesos, 15% higher than the same period in 2024. In the first half of 2025, BMV had a market share of 80%, compared to 81% in H1 2024. Equity market operating highlights – Equities Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % Total Market Average Daily Traded Value (1) 17,904 15,958 12% 17,616 15,280 15% Daily Average Volume (2) 262,765 287,084 -8% 259,350 269,434 -4% Local Market Average Daily Traded Value (1) 10,065 11,048 -9% 9,985 10,213 -2% Daily Average Volume (2) 255,100 281,719 -9% 252,559 263,569 -4% International Quotation System (SIC) Average Daily Traded Value (1) 7,839 4,910 60% 7,631 5,067 51% Daily Average Volume (2) 7,665 5,365 43% 6,792 5,865 16% (1) Million pesos (2) Thousand shares Regarding the equity counterparty during the quarter, revenues were 59 million pesos, 3 million or 6% higher compared to the same period in 2024. In the accumulated result to June, CCV recorded revenues of 114 million pesos, 9 million or 9% higher compared to what was reported in the same period in 2024. During the first half of 2025, the total ADTV of the Mexican equities market was 22,018 million pesos, 17% higher than the same period of the previous year. Derivatives Trading and Clearing MexDer's revenues in the second quarter of 2025 were 35 million pesos, 11 million or 44% above what was reported in Q2 2024. In the accumulated result to June 2025, MexDer's revenues were 63
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4 million pesos, 14 million or 28% higher than those of the first half of 2024. The increase in both periods is due to greater operation of dollar futures due to the roll-over of contracts to June, opting for September and December expirations. MexDer's revenues depend on the type of contract traded, so movements in contract trading do not necessarily reflect movements in revenues. Futures operating highlights – Futures Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % IPC Index 1,324 1,711 -23% 1,588 1,567 1% Mini IPC 6 2 250% 5 3 43% TIIE Fondeo 0 0 - 0 0 Currency 56,354 19,982 182% 45,363 26,857 69% Bonds 0 0 - 0 0 Equity 5,869 2,716 116% 7,379 2,836 160% Total - Futures 63,553 24,410 160% 54,335 31,263 74% TIIE Fondeo Swaps 74,902 53,901 39% 52,715 38,675 36% TOTAL 138,455 78,311 77% 107,050 69,938 53% TIIE Fondeo Swaps Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % Notional Value (1) 464,390 344,964 35% 648,390 479,568 35% Asigna's revenue totalled 35 million pesos in Q2 2025, 2 million or 5% higher compared to Q2 2024. The average balance of margin deposits (AIMs) in the second quarter of 2025 was 40 billion, 9% lower than the same period in 2024. Measured cumulatively, margin deposits grew 3% compared to the first half of 2024 . Additionally, during the first half of 2025, Asigna's revenues increased compared to the same period in 2024 by 6 million pesos or 10%, recording accumulated revenues of 72 million, mainly due to the dynamism of futures. Revenues generated by Asigna include the charge of 2 basis points on the average monthly balance of margin deposits, and a differentiated settlement fee depending on the type of contract traded. (1) Million pesos Average Daily Volume
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5 Margin Deposits Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % Margin Deposits (1) 39,963 43,780 -9% 44,199 42,918 3% OTC Trading (SIF ICAP) During the second quarter of 2025, SIF ICAP's operating revenues totaled 177 million pesos, 3 million or 2% higher compared to the same period in 2024. In Mexico, SIF ICAP's revenues increased by 6 million pesos or 11%. On the other hand, revenues in SIF ICAP Chile decreased by 2 million pesos or 2%. In both cases, market dynamism explains the variations. Accumulated revenues to June 2025 were 370 million pesos, 18 million or 5% higher compared to those observed in the first half of 2024. In SIF ICAP Mexico and SIF ICAP Chile, revenues increased by 14 and 4 million pesos, respectively. Capital Formation Total revenues from listing and maintenance fees amounted to 130 million pesos during the quarter, representing a growth of 5% compared to 2024. In cumulative terms, revenue growth was 6%, reaching 271 million pesos. In particular, revenues obtained from listing fees in the second quarter of 2025 were 17 million pesos, 2 million or 16% higher than those of Q2 2024, favored by two factors: greater activity in long-term debt issuances and the placement of a REIT. In the debt market, 343 short-term debt issues were placed (-4% vs. Q2 2024) for an amount of 90 billion pesos and 27 long-term issues (69% vs Q2 2024) for an amount of 67 billion pesos. Accumulated revenues to June 2025 were 34 million pesos, 4 million or 14% higher compared to the first half of 2024. During the first half of 2025, a smaller number of debt securities were listed compared to the same period of the previous year. Short -term debt securities decreased by 5%, while long-term debt securities fell by 3% compared to the first half of 2024. The amount placed for these securities was 21% and 27%, respectively. (1) Million pesos
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6 Listing Activity Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % CKDs New Listings 2 - - 2 - - Amount placed (1) 681 - - 681 - - REITs New Listings - - - - 2 -100% Amount placed (1) - - - - 17,470 -100% REIT E New Listings 2 - - 2 - - Amount placed (1) 84,963 - - 84,963 - - Medium- & Long-term debt New Listings 27 16 69% 38 39 -3% Amount placed (1) 67,375 47,563 42% 106,875 147,021 -27% Short term debt New Listings 343 357 -4% 665 699 -5% Amount placed (1) 89,581 74,496 20% 175,264 144,637 21% (1) Million pesos Participation by sector in the total amount of CKDs 2009- Q2 2025 The amount financed in development capital certificates (CKDs) during the period 2009 – Q2 2025 reached 128,917 million pesos, broken down as follows: 37,065 million in real estate, 31,574 million in private equity, 25,349 million in energy, 23,158 million in infrastructure, and 11,771 million in financial assets. 28.9% 24.1%18.0% 19.8% 9.2% Real Estate Private Equity Infraestructure Energy Financial Assets
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7 Maintenance fees Maintenance fee revenues were 113 million pesos in the second quarter of the year, 4 million or 4% higher than the same period in 2024. This behaviour is explained by a greater number of current issuances compared to the same quarter of 2024, which from this year generate maintenance fees. Similarly, accumulated revenues to June 2025 increased by 11 million or 5%, reaching 238 million pesos, an amount higher than that of the first half of 2024. At the end of June 2025, BMV had 515 current long-term debt issuances, compared to 502 and 474 issuances recorded during the first half of 2024 and 2023, respectively. Maintenance fee revenues vary depending on the amount placed, for which there is a maximum rate based on the amount of the issuance and the type of instrument. Central Securities Depository Indeval's revenues again recorded a quarterly and cumulative increase. In the second quarter, they were recorded at 346 million pesos, 57 million or 20% above the revenues recorded in the second quarter of 2024. The variation is explained by the increase of more than 23 mil lion in assets under custody in national and global markets, more than 16 million due to a higher number of settled operations, and 15 million due to cross border transactions . The exchange rate movement generated a profit of 21 million pesos, attributable exclusively to the exchange rate parity. Regarding total assets under custody, the average value increased by 11% in the quarter compared to the same period of the previous year. In cumulative terms to June 2025, Indeval's revenues were 681 million pesos, 124 million or 22% above what was reported in the first half of 2024. Average Value of Assets Under Custody Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % Local Market(1) 39,917 36,135 10% 39,252 35,677 10% Global Market - SIC(1) 2,389 1,825 31% 2,369 1,765 34% Information Services In the second quarter of 2025, revenues corresponding to Information Services were 200 million pesos, 14 million or 7% above the first half of 2024. The depreciation of the peso against the dollar contributed 17 million pesos. Revenues excluding the exchange rate impact had a negative effect of 3 million or -2% compared to the second quarter of 2024. Market Data revenues increased by 16 million pesos or 13%, mainly attributed to the positive impact of the dollar -peso exchange rate. Regarding Valmer, quarterly revenues decreased by 2 (1) Billion pesos
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8 million pesos or -4%, largely due to unrecognized revenues. Accumulated to the period, Market Data grew by 16% and Valmer by 9%, representing increases of 40 and 10 million pesos, respectively. In terms of the first half of 2025, Market Data revenues were 283 million pesos, reflecting an increase of 39 million or 16% compared to the same period of the previous year, explained by the exchange rate variation. Regarding Valmer, revenues reached 122 million pesos, representing an increase of 10 million or 9% compared to the same period of the previous year. Together, Market Data and Valmer revenues in the first half of 2025 amounted to 405 million pesos, 50 million or 14% higher than those of the first half of the previous year. It is relevant to note that the depreciation of the peso against the dollar represented a positive impact of 45 million pesos. Other revenues The cancellation of expense provisions made in 2025 adjusted revenues by 2 million pesos during Q2 2025 and 20 million pesos in the first half of 2025. EXPENSES Total expenses for the second quarter of 2025 were 535 million pesos, up 28 million or 6% compared to the second quarter of 2024. This increment is explained by the following items: a) Personnel increased by 7 million pesos or 3%, due to annual salary increases as well as variable remuneration from SIF. b) Technology up 13 million pesos because of technology consulting related to process architecture and management. c) Depreciation increased 2 million pesos because of new hardware leases for the Storage Area Network (SAN). d) Rent and Maintenance down 7 million pesos because of efficiency in maintenance of BMV Group’s building. e) Consulting Fees increased 4 million pesos mainly due to internal programmes to improve the employee experience and in payment for the board of directors due to price gold. f) Sub-custody up 6 million pesos due to higher assets under custody abroad. g) CNBV increased 1 million pesos in line with the inflation rate reported by INEGI. h) Marketing up 4 million pesos mainly due to participation in global events and marketing expenses. i) Other decreased by 2 million pesos, mostly due to a dividend tax from Valmer Costa Rica. The depreciation of the peso against the dollar generated an increase of 13 million pesos in Q2 2025, mainly in technology and sub-custody.
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9 In the total accumulated to June, expenses were 1,078 million pesos, representing an increase of 94 million pesos or 10% due to the following concepts: a) Personnel increased by 28 million pesos or 6%, due to annual salary increases as well as variable remuneration from SIF. b) Technology up 33 million pesos due to higher technology consulting related to architecture and process management. c) Depreciation increased 3 million pesos because of new hardware leases for the Storage Area Network (SAN). d) Rent and Maintenance down 7 million pesos because of efficiency in maintenance of BMV Group’s building. e) Consulting Fees increased by 11 million pesos, pesos mainly due to internal programmes to improve the employee experience and in payment for the board of directors due to price gold. f) Sub-custody up 13 million pesos due to higher assets under custody abroad. g) CNBV increased 1 million pesos or 4%, in line with the inflation rate reported by INEGI. j) Marketing up 11 million pesos mainly due to participation in global events and marketing expenses. h) Others expenses increased 1 million pesos due to insurance expenses. The depreciation of the peso MXN against the dollar USD generated an increase of 31 million pesos in H2 2025 mainly in technology, consulting fees and sub-custody. Expenses detail (1) Q2 25 Q2 24 Var % Acum. 2025 Acum. 2024 Var % Personnel 251,636 244,464 3% 512,256 483,960 6% Technology 110,168 97,193 13% 213,440 180,455 18% Depreciation 61,621 59,299 4% 123,540 120,984 2% Rent and Maintenance 14,564 22,003 -34% 36,914 43,783 -16% Consulting Fees 31,514 27,278 16% 61,156 49,839 23% Sub-custody 21,202 15,425 37% 42,193 28,902 46% CNBV Fees 9,915 9,325 6% 19,484 18,638 5% Marketing 14,704 10,296 43% 29,299 18,128 62% Others 19,521 21,578 -10% 39,600 38,811 2% Gastos Totales 534,843 506,859 6% 1,077,880 983,499 10% (1) Thousand pesos Constant Currency Analysis During the first semester of 2025, the Mexican peso depreciated by 14% against the US dollar. The average exchange rate in H1 2025 was 19.98 Mexican pesos per US dollar, while in the same period
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10 of the previous year, the average exchange rate was 17.12 Mexican pesos per US dollar. In a scenario where the exchange rate remains constant in the first semester of 2024 and the first semester of 2025, Grupo BMV would have recorded an additional 77 million pesos in EBITDA in H1 2025. H125 H125* ∆ H124 Var % Revenues 2,235 2,128 107 1,970 8% Expenses 1,078 1,048 31 984 7% EBITDA 1,281 1,203 77 1,108 9% Million pesos *Constant currency analysis Financial Results (1) Q2 25 Q2 24 Var % H1 2025 H1 2024 Var % Operating Income 571,788 496,755 15% 1,157,217 986,712 17% Operating Margin 52% 49% 217bps 52% 50% 169bps Comprehensive Financing Income 50,321 106,080 -53% 143,549 210,828 -32% EBITDA 633,409 556,054 14% 1,280,757 1,107,696 16% EBITDA Margin 57% 55% 182bps 57% 56% 107bps Taxes 195,663 184,622 6% 400,539 361,327 11% Taxe Rate 31% 30% 63bps 30% 30% 50bps Minority Interest -36,530 -38,996 -6% -79,316 -85,999 -8% Net Income 399,859 385,062 4% 836,724 760,111 10% (1) Thousand pesos Operating income increased by 15% or 75 million to 572 million pesos in Q2 2025. For the half year of 2025 operating income reached 1,157 million pesos, up 171 million or 17%. Comprehensive financial income, in the second quarter of 202 5, was 50 million pesos, down 56 million compared to the same period of 2024 due to the net effect of the depreciation of the peso MXN against the dollar USD and the decrease in interest rates by the Central Bank. So far this year, the comprehensive financial income decreased by 67 million explained by: • Exchange Gains / Losses, negative variation of 3 2 million explained by a lower amount invested in short -term government securities. The Bank of Mexico reported the target interest rate at 8.00%. The interest in leases was 13.2 million pesos. • Financial Income / Expenses decreased by 35 million explained by the amount of dollars in BMV’s treasury and the exchange rate loss in H1 2024. The tax rate for the second quarter was 31%, representing a decrease of 63 basis points compared to the second quarter of 2024. This translated into a tax increase of 11 million pesos.
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11 Minority interest had a 2 million variation explained by SIF ICAP’s difference in revenues between Q2 2025 and Q2 2024. Net income for second quarter reached 400 million pesos, up 15 million or 4% compared to Q2 2024, and year-to-date net income reached 837 million pesos, 77 million or 10% more than in H1 2024. BALANCE-SHEET’S RELEVANT FIGURES Jun 25(1) Dec 24(1) Var Nom. Var % Current Assets 3,964 4,192 -229 -5% Cash & Investments 3,420 3,778 -359 -9% Non-Current Assets 4,941 4,815 126 3% Current Liabilities 1,102 830 271 33% Non-Current Liabilities 434 406 28 7% Stockholders‘equity 7,368 7,771 -403 -5% (1) Million pesos As of June 30, 2025, cash on hand was 3,420 million pesos, a decrease of 359 million compared to the balance in December 2024. This is due to the net effect of profits, the advance collection of maintenance fees, the buyback fund, and the annual dividend payment. Goodwill remained at 3,084 million pesos. Current liabilities increased by 33%, mainly explained by the maintenance fees of issuers that are charged at the beginning of the year. Long-term liabilities increased by 28 million pesos due to the leasing of technological equipment. The decrease in equity is due to the annual dividend payment in May 2025. In the second quarter of 2025, CAPEX was 68 million pesos, while for the same period in 2024 it was 49 million. Accumulated CAPEX amounted to 100 million pesos, 4 million less compared to the first half of 2024. This is due to the Technological Transformation project and the closing of gaps or Evergreen carried out last year. Buyback program In the second semester of 2025, Grupo BMV bought back 1 million shares for a total value of 35 million pesos. Outstanding shares are 559,162,147.
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12 CONSOLIDATED RESULTS OF THE SECOND QUARTER 2025 (1) Q2 25 Q2 24 Var. Var. Revenues 1,106,631 1,003,614 103,017 10.3% Cash Equities 138,492 130,466 8,026 6.2% Cash equities trading- BMV 79,177 74,225 4,953 6.7% Cash equities clearing- CCV 59,314 56,241 3,073 5.5% Derivatives 70,344 57,892 12,452 21.5% MexDer 35,485 24,688 10,797 43.7% Derivatives trading 30,926 20,686 10,240 49.5% Data sales-MexDer 4,559 4,002 557 13.9% Derivatives Clearing- Asigna 34,859 33,204 1,655 5.0% Derivatives Clearing 34,602 33,172 1,431 4.3% Data Sales- Asigna 256 32 225 706.0% OTC (SIF ICAP) 177,414 173,984 3,430 2.0% OTC trading 176,715 173,296 3,419 2.0% SIF ICAP México 58,386 52,690 5,695 10.8% SIF ICAP Chile 118,330 120,606 -2,276 -1.9% SIF ICAP data sales 698 688 11 1.6% Capital Formation 130,575 124,223 6,352 5.1% Listing fees- BMV 17,382 14,959 2,423 16.2% Maintenance Fee- BMV 113,193 109,263 3,929 3.6% Central Securities Depository (Indeval) 345,739 289,001 56,739 19.6% Information Services 199,613 185,915 13,698 7.4% Price Vendor- Valmer 60,108 62,532 -2,423 -3.9% Data Sales 139,505 123,383 16,122 13.1% Others 44,455 42,135 2,320 5.5% Colocation 7,713 5,903 1,810 30.7% Others 36,742 36,231 510 1.4% Expenses 534,843 506,859 27,984 5.5% Personnel 251,636 244,464 7,172 2.9% Technology 110,168 97,193 12,975 13.3% Depreciation 61,621 59,299 2,322 3.9% Rent and Maintenance 14,564 22,003 -7,438 -33.8% Consulting Fees 31,514 27,278 4,236 15.5% Sub-custody 21,202 15,425 5,777 37.5% CNBV Fees 9,915 9,325 590 6.3% Marketing 14,704 10,296 4,408 42.8% Others 19,521 21,578 -2,057 -9.5% Operating Income 571,788 496,755 75,033 15.1% Operating Margin 51.67% 49.50% 0 217pb Comprehensive Financing Income 50,321 106,080 -55,759 -52.6% Interest Gain (Losses) 64,959 92,101 -27,142 -29.5% Exchange gain (Losses) -14,638 13,979 -28,617 -204.7% Dividends 5,009 220 4,789 2180.3% Goodwill Impairment Income before Taxes and Minority Interests 627,118 603,054 24,064 4.0% Taxes 195,663 184,622 11,041 6.0% Tax Rate 31.0% 30.3% 0.6% 0 Associated companies result 4,933 5,626 -693 -12.3% Minority Interests -36,530 -38,996 2,466 -6.3% Net Income 399,859 385,062 14,796 3.8% Net margin 36% 38% -223pb Depreciation and Amortization 61,621 59,299 2,322 3.9% EBITDA 633,409 556,054 77,355 13.9% EBITDA Margin 57.2% 55.4% 183pb Number of Shares (2) 559,162 566,410 -1.3% Earnings per Share (pesos) 0.72 0.68 5.2% (1) Thousand pesos (2) Thousand shares
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13 ACUMULATED CONSOLIDATED RESULTS TO JUNE 2025 (1) H1 2025 H1 2024 Var. Var. Revenues 2,235,098 1,970,211 264,887 13.4% Cash Equities 269,278 252,532 16,746 6.6% Cash equities trading- BMV 155,488 147,909 7,579 5.1% Cash equities clearing- CCV 113,790 104,623 9,167 8.8% Derivatives 135,508 115,408 20,100 17.4% MexDer 63,347 49,624 13,723 27.7% Derivatives trading 54,080 41,861 12,219 29.2% Data sales-MexDer 9,268 7,763 1,504 19.4% Derivatives Clearing- Asigna 72,161 65,784 6,377 9.7% Derivatives Clearing 71,874 65,513 6,361 9.7% Data Sales- Asigna 287 271 16 6.0% OTC (SIF ICAP) 369,937 351,641 18,296 5.2% OTC trading 368,520 350,277 18,243 5.2% SIF ICAP México 117,929 104,105 13,823 13.3% SIF ICAP Chile 250,592 246,172 4,420 1.8% SIF ICAP data sales 1,417 1,364 53 3.9% Capital Formation 271,410 255,998 15,411 6.0% Listing fees- BMV 33,821 29,723 4,098 13.8% Maintenance Fee- BMV 237,589 226,275 11,313 5.0% Central Securities Depository (Indeval) 681,156 556,766 124,391 22.3% Information Services 404,503 355,002 49,501 13.9% Price Vendor- Valmer 121,291 110,978 10,313 9.3% Data Sales 283,212 244,024 39,188 16.1% Others 103,306 82,865 20,441 24.7% Colocation 15,640 12,728 2,912 22.9% Others 87,665 70,137 17,529 25.0% Expenses 1,077,880 983,499 94,382 9.6% Personnel 512,256 483,960 28,296 5.8% Technology 213,440 180,455 32,985 18.3% Depreciation 123,540 120,984 2,556 2.1% Rent and Maintenance 36,914 43,783 -6,869 -15.7% Consulting Fees 61,156 49,839 11,317 22.7% Sub-custody 42,193 28,902 13,291 46.0% CNBV Fees 19,484 18,638 846 4.5% Marketing 29,299 18,128 11,171 61.6% Others 39,600 38,811 789 2.0% Operating Income 1,157,217 986,712 170,505 17.3% Operating Margin 51.77% 50.08% 0 pb Comprehensive Financing Income 143,549 210,828 -67,280 -31.9% Interest Gain (Losses) 161,355 193,704 -32,349 -16.7% Exchange gain (Losses) -17,806 17,124 -34,931 -204.0% Dividends 5,009 220 4,789 2180.3% Goodwill Impairment Income before Taxes and Minority Interests 1,305,775 1,197,760 108,015 9.0% Taxes 400,539 361,327 39,212 10.9% Tax Rate 30.4% 29.9% 0.5% 0 Associated companies result 10,804 9,676 1,128 11.7% Minority Interests -79,316 -85,999 6,683 -7.8% Net Income 836,724 760,111 76,613 10.1% Net margin 37% 39% -114pb Depreciation and Amortization 123,540 120,984 2,556 2.1% EBITDA 1,280,757 1,107,696 173,061 15.6% EBITDA Margin 57.3% 56.2% 108pb Number of Shares (2) 559,162 566,410 -1.3% Earnings per Share (pesos) 1.50 1.34 11.5% (3) Thousand pesos (4) Thousand shares
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14 BALANCE SHEET UP TO JUNE 30Th, 2025 (1) Jun-25 Dec-24 Var. Var. Total Assets 8,904 9,007 -103 -1% Cash & Investment 3,420 3,778 -359 -9% Accounts Receivable 430 379 52 14% Recoverable Taxes 114 35 78 221% Total Current Assets 3,964 4,192 -229 -5% Long Term Accounts Receivable 149 124 24 19% Other Non-Current Financial Assets 131 110 21 19% Investments in Associated Companies 26 27 -1 -4% Fixed Assets 418 427 -9 -2% Goodwill 3,084 3,084 0 0% Other Non-Current Assets 1,134 1,043 91 9% Total Non-Current Assets 4,941 4,815 126 3% Total Liabilities 1,536 1,236 300 24% Suppliers and Other Accounts Payable 618 624 -6 -1% Deferred Income 358 8 349 4144% Short Term Taxes Payable 126 199 -72 -36% Other Short Term Financial Liabilities 0 0 0 0% Total Current Liabilities 1,102 830 271 33% Other long Term Financial Liabilities 434 406 28 7% Total Long Term Liabilities 434 406 28 7% Stockholders´ Equity 7,368 7,771 -403 -5% Capital Stock 4,258 4,507 -250 -6% Premium in issue of shares 0.219 0.219 0 0% Retained Earnings and Reserves 2027 2205 -178 -8% Other Results 781 683 98 14% Minority Interest 302 375 -73 -19% Liabilities + Stockholders´ Equity 8,904 9,007 -103 -1% (1) Million pesos
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15 CASH FLOW UP TO JUNE 30TH, 2025 (1) OPERATING ACTIVITIES INCOME BEFORE TAXES 1,316.6 Depreciation and amortization 123.5 Subsidiary Results -10.8 Interest on financial leasing 13.2 Dividends’ income from investment activities -5.0 CASH FLOW FROM INCOME BEFORE TAXES 1,437.5 NET CASH FLOW FROM OPERATING ACTIVITY Changes in working capital 253.3 Taxes Paid -493.7 NET CASH FLOW FROM OPERATING ACTIVITIES 1,197.1 INVESTMENT ACTIVITIES Investment in fixed assets -9.3 Investment in Intangibles assets -90.7 CASH FLOW AVAILABLE (NEEDED) FOR FINANCING ACTIVITES 1,097.1 FINANCING ACTIVITIES Leasing Payments -128.4 Stock Buyback Program -35.0 Dividends paid to controlling and non-controlling share holders -1,292.6 NET INCREASE (DECREASE) IN CASH -358.8 CASH BALANCE AT BEGINNING OF PERIOD 3,778.4 CASH BALANCE AT END OF PERIOD 3,419.6 (1) Million pesos
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16 Mexico City, Mexico, July 9th, 2025. Bolsa Mexicana de Valores, S.A.B. de C.V. (BMV: BOLSA A), invites you to participate in our: 2nd QUARTER 2025 EARNINGS CONFERENCE CALL To be held on: Wednesday, July 23rd, 2025 at 7:00 AM Mexico City Time (9:00 AM Eastern Time) Hosted by: Jorge Alegría Formoso CEO To participate in the conference call, please connect to the following webcast link: https://viavid.webcasts.com/starthere.jsp?ei=1727323&tp_key=63cbe35fda you may also dial any of the following numbers: Toll Free: 1-877-407-0784 Toll/International: 1-201-689-8560 ten minutes prior to the scheduled time using the conference ID: 13754864 A replay of the call will be available on our website www.bmv.com.mx in our Investor Relations section as of Thursday, July 24th, 2025. The Bolsa Mexicana de Valores will report its earnings for the second quarter of 2025 on Tuesday, July 22nd, after market close. If you have not received the 2Q25 earnings release prior to the conference or if you have questions regarding this call, please contact Hanna Celiz Rivas Karg, email hcrivas@grupobmv.com.mx
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17 I – Operating Figures of the Stock Market Domestic Equities 2024 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 7,755,600 7,623,655 6,938,871 7,556,094 7,716,529 8,946,128 8,564,460 8,599,127 8,492,283 9,333,529 7,983,317 7,674,495 Daily Average 352,527 381,183 385,493 343,459 350,751 447,306 372,368 390,869 424,614 424,251 399,166 383,725 Value Traded (1) 189,799 192,041 177,431 203,970 225,151 277,960 230,786 221,833 202,780 200,336 186,458 177,300 Daily Average (1) 8,627 9,602 9,857 9,271 10,234 13,898 10,034 10,083 10,139 9,106 9,323 8,865 Trading Volume (2) 4,968,175 4,936,579 4,747,775 5,516,170 5,767,951 6,745,893 6,736,329 5,890,780 5,585,501 5,552,274 5,232,786 4,855,539 Daily Average(2) 225,826 246,829 263,765 250,735 262,180 337,295 292,884 267,763 279,275 252,376 261,639 242,777 Domestic Equities 2025 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 7,556,406 8,279,974 8,894,650 9,553,949 8,433,151 8,447,637 - - - - - - Daily Average 343,473 435,788 444,733 477,697 401,579 402,268 - - - - - - Value Traded (1) 168,655 224,455 211,006 203,882 204,716 215,426 - - - - - - Daily Average (1) 7,666 11,813 10,550 10,194 9,748 10,258 - - - - - - Trading Volume (2) 4,165,548 5,587,603 5,495,377 5,611,382 4,921,114 5,283,714 - - - - - - Daily Average(2) 189,343 294,084 274,769 280,569 234,339 251,605 - - - - - - Global Market 2024 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 177,792 182,932 164,420 173,156 177,966 206,850 214,255 239,081 205,444 236,714 215,038 205,067 Daily Average 8,081 9,147 9,134 7,871 8,089 10,343 9,315 10,867 10,272 10,760 10,752 10,253 Value Traded (1) 103,986 113,357 96,776 81,118 94,021 139,088 110,971 166,773 169,206 119,662 147,858 113,928 Daily Average (1) 4,727 5,668 5,376 3,687 4,274 6,954 4,825 7,581 8,460 5,439 7,393 5,696 Trading Volume (2) 140,829 119,251 123,809 91,725 100,251 151,401 96,924 145,460 203,852 101,212 141,194 125,459 Daily Average(2) 6,401 5,963 6,878 4,169 4,557 7,570 4,214 6,612 10,193 4,601 7,060 6,273 Global Market 2025 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 247,095 246,837 228,622 268,997 232,660 226,996 - - - - - - Daily Average 11,232 12,991 11,431 13,450 11,079 10,809 - - - - - - Value Traded (1) 139,636 157,328 155,646 188,069 159,416 138,527 - - - - - - Daily Average (1) 6,347 8,280 7,782 9,403 7,591 6,597 - - - - - - Trading Volume (2) 110,509 125,939 123,702 187,118 151,595 136,499 - - - - - - Daily Average(2) 5,023 6,628 6,185 9,356 7,219 6,500 - - - - - - (1) Million pesos (2) Thousand shares
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18 II – Operating Figures Futures Market Futures 2024 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 12,174 12,559 16,964 15,860 13,577 27,500 13,815 15,140 27,031 12,611 12,489 20,045 Volume (1) 340,676 499,055 1,474,695 507,644 336,502 718,095 462,161 554,509 1,163,317 635,487 320,499 1,555,761 Notional Value (2) 62,483 95,411 242,848 95,294 60,057 132,245 80,037 97,453 223,335 112,865 59,768 292,274 Open Interest (1) 913,070 838,564 691,520 729,622 762,128 715,067 857,865 967,910 887,280 1,017,413 1,040,423 1,072,931 Futures 2025 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 15,235 14,498 23,043 16,689 10,719 14,523 - - - - - - Volume (1) 573,871 335,867 1,833,190 1,017,707 879,594 2,042,982 - - - - - - Notional Value (2) 117,521 74,509 301,198 209,189 174,989 352,219 - - - - - - Open Interest (1) 1,161,277 1,284,835 1,454,327 1,824,155 1,814,229 1,724,364 - - - - - - 2024 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Margin Deposits (2) 42,214 42,015 41,939 41,447 43,930 45,963 49,078 50,723 51,697 54,049 54,160 54,248 2025 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Margin Deposits (2) 53,218 49,919 42,168 38,906 40,812 40,170 - - - - - - (1) Million pesos (2) Thousand shares
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19 II.a – Futures Detail DÓLAR EURO INDICE IPC Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 111 299,079 52,107 813,839 2 500 93 250 12,023 18,042 10,246 12,819 Feb ‘24 97 476,422 82,441 740,316 0 0 0 250 12,383 22,409 12,946 11,800 Mar ‘24 261 1,274,994 217,681 620,143 2 500 92 250 16,653 44,342 24,803 10,808 Apr ‘24 201 465,176 79,854 652,263 0 0 0 250 15,610 26,664 15,376 11,677 May ‘24 117 282,902 48,675 654,097 0 0 0 250 13,360 19,875 11,325 10,673 Jun ‘24 389 530,350 98,070 621,158 2 400 82 150 27,035 62,949 33,655 14,491 Jul ‘24 211 352,601 65,246 721,518 2 450 88 100 13,419 26,065 14,165 11,498 Aug ‘24 285 431,757 83,990 810,043 0 0 0 100 14,745 24,842 13,144 13,100 Sep ‘24 240 940,128 187,148 697,882 2 200 45 100 26,710 67,587 35,778 16,239 Oct ‘24 141 495,724 100,752 804,393 0 0 0 100 12,398 22,469 11,797 16,463 Nov ‘24 158 232,029 48,241 798,245 0 0 0 100 12,290 22,395 11,406 13,670 Dec ‘24 185 1,285,059 264,881 835,877 0 0 0 100 19,805 52,688 27,015 14,602 Jan ‘25 234 496,111 104,410 873,501 2 200 43 100 14,926 24,443 12,504 13,571 Feb ‘25 94 295,067 61,203 1,006,312 0 0 0 100 14,319 24,703 13,220 12,455 Mar ‘25 300 1,294,314 266,514 1,155,622 0 0 0 100 22,615 64,123 33,965 15,438 Apr ‘25 322 943,666 192,964 1,533,059 2 200 46 100 16,205 29,907 16,002 13,245 May ‘25 153 836,878 164,486 1,517,400 0 0 0 100 10,454 17,954 10,373 12,808 Jun ‘25 165 1,713,212 330,877 1,398,289 0 0 0 100 14,240 34,222 19,777 10,259 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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20 II.a – Futures Detail MINI IPC CETE 91 TIEF Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 34 55 6 1 0 0 0 0 0 0 0 0 Feb ‘24 76 194 22 7 0 0 0 0 0 0 0 0 Mar ‘24 23 67 8 8 0 0 0 0 0 0 0 0 Apr ‘24 22 49 6 16 0 0 0 0 0 0 0 0 May ‘24 23 35 4 2 0 0 0 0 0 0 0 0 Jun ‘24 22 23 2 1 0 0 0 0 0 0 0 0 Jul ‘24 136 1,032 114 5 0 0 0 0 0 0 0 0 Aug ‘24 48 51 5 2 0 0 0 0 0 0 0 0 Sep ‘24 32 33 4 3 0 0 0 0 0 0 0 0 Oct ‘24 33 34 4 7 0 0 0 0 0 0 0 0 Nov ‘24 10 15 2 8 0 0 0 0 0 0 0 0 Dec ‘24 29 34 3 2 0 0 0 0 0 0 0 0 Jan ‘25 55 57 6 5 0 0 0 0 0 0 0 0 Feb ‘25 70 77 8 18 0 0 0 0 0 0 0 0 Mar ‘25 71 101 11 17 0 0 0 0 0 0 0 0 Apr ‘25 111 164 18 11 0 0 0 0 0 0 0 0 May ‘25 99 111 13 30 0 0 0 0 0 0 0 0 Jun ‘25 63 88 10 16 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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21 II.a – Futures Detail ALFK JN27-21 10 YEAR BOND Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 0 0 0 0 May ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘25 0 0 0 127,190 0 0 0 0 0 0 0 0 May ‘25 3 13,500 25 122,690 0 0 0 0 0 0 0 0 Jun ‘25 1 122,690 213 122,690 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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22 II.a – Futures Detail 20 YEAR BOND 3 YEAR BOND MR26 Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 0 0 0 0 May ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘25 0 0 0 0 0 0 0 0 0 0 0 0 May ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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23 II.a – Futures Detail MY29 MY31 NV36 Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 0 0 0 0 May ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘25 0 0 0 0 2 2 0 0 0 0 0 0 Apr ‘25 0 0 0 0 0 0 0 0 0 0 0 0 May ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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24 II.a – Futures Detail NV42 NV47 ALFA Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 1 100 0 100 May ‘24 0 0 0 0 0 0 0 0 4 1,600 2 500 Jun ‘24 0 0 0 0 0 0 0 0 1 500 1 0 Jul ‘24 0 0 0 0 0 0 0 0 2 500 1 500 Aug ‘24 0 0 0 0 0 0 0 0 3 600 1 0 Sep ‘24 0 0 0 0 0 0 0 0 2 70,000 116 70,000 Oct ‘24 0 0 0 0 0 0 0 0 6 39,840 65 109,840 Nov ‘24 0 0 0 0 0 0 0 0 2 17,350 20 127,190 Dec ‘24 0 0 0 0 0 0 0 0 4 200,000 308 127,190 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 127,190 Feb ‘25 0 0 0 0 0 0 0 0 0 0 0 127,190 Mar ‘25 0 0 0 0 0 0 0 0 6 254,380 428 127,190 Apr ‘25 0 0 0 0 0 0 0 0 1 11,990 16 11,990 May ‘25 0 0 0 0 0 0 0 0 0 0 0 11,990 Jun ‘25 0 0 0 0 0 0 0 0 1 1,000 1 12,990 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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25 II.a – Futures Detail ALSEA AMERICA MOVIL ASUR Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 65 Feb ‘24 0 0 0 0 0 0 0 0 2 20 1 85 Mar ‘24 0 0 0 0 0 0 0 0 5 210 11 165 Apr ‘24 0 0 0 0 1 7,000 11 7,000 3 30 2 135 May ‘24 0 0 0 0 1 300 1 7,300 2 20 1 155 Jun ‘24 0 0 0 0 4 23,300 38 16,000 3 190 11 35 Jul ‘24 1 150 1 150 0 0 0 16,000 6 70 4 35 Aug ‘24 4 300 2 150 1 16,000 27 0 5 150 8 135 Sep ‘24 0 0 0 150 0 0 0 0 1 135 8 0 Oct ‘24 1 150 1 300 0 0 0 0 2 20 1 0 Nov ‘24 1 300 2 0 1 15,000 25 15,000 1 50 3 50 Dec ‘24 1 100 0 100 1 5,000 8 10,000 2 100 6 50 Jan ‘25 3 300 1 0 0 0 0 10,000 2 50 3 0 Feb ‘25 0 0 0 0 2 10,000 16 0 0 0 0 0 Mar ‘25 2 200 1 0 5 28,000 42 0 8 300 16 200 Apr ‘25 0 0 0 0 0 0 0 0 12 880 52 0 May ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 2 280 17 280 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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26 II.a – Futures Detail BIMBO CEMEX CUERVO Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 4 23,000 31 83,000 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 83,000 0 0 0 0 Mar ‘24 0 0 0 0 7 151,000 213 58,000 0 0 0 0 Apr ‘24 0 0 0 0 1 5,000 8 53,000 0 0 0 0 May ‘24 0 0 0 0 9 10,800 15 63,800 0 0 0 0 Jun ‘24 0 0 0 0 4 73,800 93 30,000 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 30,000 0 0 0 0 Aug ‘24 0 0 0 0 7 66,600 85 66,600 0 0 0 0 Sep ‘24 0 0 0 0 9 51,900 69 4,700 0 0 0 0 Oct ‘24 0 0 0 0 6 34,700 43 5,000 2 10,050 32 10,050 Nov ‘24 0 0 0 0 1 5,000 6 0 0 0 0 10,050 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 10,050 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 10,050 Feb ‘25 0 0 0 0 0 0 0 0 0 0 0 10,050 Mar ‘25 0 0 0 0 2 20,000 25 20,000 2 20,100 37 10,050 Apr ‘25 0 0 0 0 2 20,000 24 0 0 0 0 10,050 May ‘25 0 0 0 0 0 0 0 0 0 0 0 10,050 Jun ‘25 0 0 0 0 2 10,000 14 10,000 0 0 0 10,050 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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27 II.a – Futures Detail FEMSA GAP GCARSO Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 939 0 0 0 85 0 0 0 0 Feb ‘24 1 10 0 949 0 0 0 85 0 0 0 0 Mar ‘24 3 988 21 509 1 85 2 0 0 0 0 0 Apr ‘24 4 630 13 1,139 0 0 0 0 0 0 0 0 May ‘24 1 20 0 1,159 0 0 0 0 0 0 0 0 Jun ‘24 9 2,359 48 1,200 0 0 0 0 0 0 0 0 Jul ‘24 3 640 14 620 1 350 10 350 0 0 0 0 Aug ‘24 11 2,920 63 2,300 1 350 11 0 0 0 0 0 Sep ‘24 8 2,240 48 350 0 0 0 0 0 0 0 0 Oct ‘24 5 2,100 42 250 0 0 0 0 0 0 0 0 Nov ‘24 5 560 11 750 0 0 0 0 0 0 0 0 Dec ‘24 3 520 10 1,250 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 1,250 0 0 0 0 0 0 0 0 Feb ‘25 6 1,820 35 250 0 0 0 0 0 0 0 0 Mar ‘25 1 250 5 0 0 0 0 0 0 0 0 0 Apr ‘25 2 500 10 0 0 0 0 0 0 0 0 0 May ‘25 1 1,000 20 1,000 0 0 0 0 0 0 0 0 Jun ‘25 3 2,000 40 1,000 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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28 II.a – Futures Detail GMEXICO GMXT GRUMA Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 837 0 0 0 700 0 0 0 0 Feb ‘24 0 0 0 837 0 0 0 700 0 0 0 0 Mar ‘24 4 1,174 11 537 2 400 1 700 0 0 0 0 Apr ‘24 4 395 4 342 3 400 2 1,100 0 0 0 0 May ‘24 58 850 9 592 1 100 0 1,000 0 0 0 0 Jun ‘24 20 17,884 183 7,692 3 730 3 930 1 710 26 710 Jul ‘24 21 27,100 281 2,292 0 0 0 930 2 775 28 935 Aug ‘24 9 6,692 69 2,000 0 0 0 930 1 935 35 0 Sep ‘24 6 9,050 98 6,950 2 1,660 6 930 0 0 0 0 Oct ‘24 3 9,194 101 0 0 0 0 930 2 60 2 0 Nov ‘24 3 300 3 100 0 0 0 930 0 0 0 0 Dec ‘24 1 100 1 0 2 1,860 6 930 0 0 0 0 Jan ‘25 8 51,950 544 51,600 0 0 0 930 2 260 9 0 Feb ‘25 3 2,350 24 53,600 0 0 0 930 0 0 0 0 Mar ‘25 12 4,100 43 51,500 2 1,860 6 930 0 0 0 0 Apr ‘25 25 4,900 49 51,800 0 0 0 930 0 0 0 0 May ‘25 1 500 5 52,300 0 0 0 930 2 1,500 56 1,500 Jun ‘25 17 106,780 1,172 52,480 4 2,810 9 1,880 2 1,000 34 2,500 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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29 II.a – Futures Detail KOF OMA ORBIA Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 400 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 400 Mar ‘24 0 0 0 0 0 0 0 0 2 800 3 400 Apr ‘24 0 0 0 0 0 0 0 0 3 300 1 700 May ‘24 0 0 0 0 0 0 0 0 0 0 0 700 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 700 Jul ‘24 6 2,078 34 382 0 0 0 0 2 300 1 1,000 Aug ‘24 2 382 7 0 0 0 0 0 17 2,880 6 1,000 Sep ‘24 0 0 0 0 0 0 0 0 7 1,204 2 1,196 Oct ‘24 0 0 0 0 0 0 0 0 2 196 0 1,000 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 1,000 Dec ‘24 0 0 0 0 0 0 0 0 3 3,000 5 2,000 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 2,000 Feb ‘25 0 0 0 0 0 0 0 0 3 1,500 2 2,500 Mar ‘25 0 0 0 0 0 0 0 0 2 3,000 5 2,500 Apr ‘25 0 0 0 0 0 0 0 0 6 5,000 8 5,000 May ‘25 0 0 0 0 0 0 0 0 5 8,150 11 12,650 Jun ‘25 0 0 0 0 0 0 0 0 11 33,100 41 35,550 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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30 II.a – Futures Detail PEÑOLES PINFRA TELEVISA Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 2 200 6 200 0 0 0 0 0 0 0 0 May ‘24 0 0 0 200 0 0 0 0 1 20,000 23 20,000 Jun ‘24 1 200 5 0 0 0 0 0 0 0 0 20,000 Jul ‘24 0 0 0 0 0 0 0 0 3 50,050 48 69,550 Aug ‘24 0 0 0 0 0 0 0 0 1 50 0 69,550 Sep ‘24 0 0 0 0 0 0 0 0 12 19,180 15 86,780 Oct ‘24 0 0 0 0 0 0 0 0 3 20,250 21 66,780 Nov ‘24 0 0 0 0 0 0 0 0 9 22,100 22 69,030 Dec ‘24 0 0 0 0 0 0 0 0 3 2,500 2 70,780 Jan ‘25 0 0 0 0 0 0 0 0 1 300 0 71,080 Feb ‘25 0 0 0 0 0 0 0 0 1 350 0 71,430 Mar ‘25 0 0 0 0 0 0 0 0 11 142,260 97 70,780 Apr ‘25 0 0 0 0 0 0 0 0 1 500 0 70,780 May ‘25 0 0 0 0 0 0 0 0 0 0 0 70,780 Jun ‘25 0 0 0 0 0 0 0 0 12 15,800 14 66,280 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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31 II.a – Futures Detail WALMART MINI DÓLAR Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 Apr ‘24 5 1,700 11 1,700 0 0 0 0 May ‘24 0 0 0 1,700 0 0 0 0 Jun ‘24 6 4,700 30 2,000 0 0 0 0 Jul ‘24 0 0 0 2,000 0 0 0 0 Aug ‘24 0 0 0 2,000 0 0 0 0 Sep ‘24 0 0 0 2,000 0 0 0 0 Oct ‘24 7 700 4 2,300 0 0 0 0 Nov ‘24 8 5,400 29 4,300 0 0 0 0 Dec ‘24 6 4,800 29 0 0 0 0 0 Jan ‘25 2 200 1 0 0 0 0 0 Feb ‘25 0 0 0 0 0 0 0 0 Mar ‘25 2 200 1 0 0 0 0 0 Apr ‘25 0 0 0 0 May ‘25 0 0 0 0 1 1 0 1 Jun ‘25 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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32 III – Operating Figures Options Market Options 2024 Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 8 6 14 9 11 10 12 3 11 6 6 4 Volume (1) 10,600 32,630 23,110 60,401 13,800 17,360 50,001 20,200 31,600 14,500 9,401 6,720 Notional Value (2) 315 176 481 370 341 311 264 64 356 912 1,025 166 Open Interest (1) 9,600 42,230 15,910 75,911 86,511 1,151 51,150 51,350 22,200 36,700 38,301 - Options 2025 Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 25 9 19 14 5 9 - - - - - - Volume (1) 101,384 37,000 49,003 72,151 1,400 36,800 - - - - - - Notional Value (2) 545 333 661 691 273 572 - - - - - - Open Interest (1) 81,380 118,380 32,800 94,951 95,151 17,651 - - - - - - (1) Contracts (2) Million pesos
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33 III.a – Options Detail DOLLAR IPC INDEX ALFA Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 5 1,600 274 1,600 0 0 0 0 0 0 0 0 Feb ‘24 3 600 102 2,200 0 0 0 0 0 0 0 0 Mar ‘24 9 2,600 443 2,400 0 0 0 0 1 5,000 6 5,000 Apr ‘24 5 1,400 238 3,400 0 0 0 0 1 15,000 18 20,000 May ‘24 9 1,800 304 2,000 0 0 0 0 0 0 0 20,000 Jun ‘24 5 1,200 209 1,000 3 150 82 150 0 0 0 0 Jul ‘24 5 1,000 184 2,000 0 0 0 150 0 0 0 0 Aug ‘24 1 200 37 2,200 0 0 0 150 1 10,000 11 10,000 Sep ‘24 7 1,600 312 2,200 0 0 0 0 2 10,000 13 10,000 Oct ‘24 5 4,500 896 6,700 0 0 0 0 0 0 0 10,000 Nov ‘24 5 5,000 1,019 3,900 0 0 0 0 1 4,401 7 14,401 Dec ‘24 2 800 151 0 0 0 0 0 1 5,540 8 0 Jan ‘25 6 1,200 245 1,200 4 204 101 200 0 0 0 0 Feb ‘25 4 800 164 2,000 2 200 107 400 0 0 0 0 Mar ‘25 9 2,000 404 1,800 3 3 2 0 0 0 0 0 Apr ‘25 4 1,851 369 3,651 3 300 162 300 0 0 0 0 May ‘25 5 1,400 273 3,851 0 0 0 300 0 0 0 0 Jun ‘25 6 1,800 354 2,651 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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34 III.a – Options Detail ALSEA AMERICA MOVIL ASUR Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 2 27,330 42 27,330 0 0 0 0 Mar ‘24 0 0 0 0 2 14,000 22 7,000 0 0 0 0 Apr ‘24 0 0 0 0 2 39,001 62 46,001 0 0 0 0 May ‘24 0 0 0 0 1 10,000 16 56,001 0 0 0 0 Jun ‘24 0 0 0 0 0 0 0 1 0 0 0 0 Jul ‘24 0 0 0 0 4 30,001 49 30,000 0 0 0 0 Aug ‘24 0 0 0 0 1 10,000 16 20,000 0 0 0 0 Sep ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘24 0 0 0 0 1 10,000 16 10,000 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 10,000 0 0 0 0 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 1 20,000 29 20,000 0 0 0 0 Feb ‘25 0 0 0 0 1 20,000 30 40,000 0 0 0 0 Mar ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘25 0 0 0 0 3 30,000 46 30,000 0 0 0 0 May ‘25 0 0 0 0 0 0 0 30,000 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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35 III.a – Options Detail BIMBO CEMEX CUERVO Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 1 5,000 7 5,000 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 5,000 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 0 0 0 0 May ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘24 0 0 0 0 1 16,000 20 0 0 0 0 0 Jul ‘24 0 0 0 0 2 18,000 22 18,000 0 0 0 0 Aug ‘24 0 0 0 0 0 0 0 18,000 0 0 0 0 Sep ‘24 0 0 0 0 1 10,000 12 0 0 0 0 0 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 5 41,000 45 21,000 0 0 0 0 Feb ‘25 0 0 0 0 0 0 0 21,000 0 0 0 0 Mar ‘25 0 0 0 0 2 20,000 23 20,000 0 0 0 0 Apr ‘25 0 0 0 0 2 30,000 32 40,000 0 0 0 0 May ‘25 0 0 0 0 0 0 0 40,000 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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36 III.a – Options Detail FEMSA GAP GRUPO MEXICO Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 2 4,000 34 3,000 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 3,000 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 1 5,000 52 5,000 May ‘24 0 0 0 0 0 0 0 0 1 2,000 20 7,000 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 0 1 1,000 10 1,000 Aug ‘24 0 0 0 0 0 0 0 0 0 0 0 1,000 Sep ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘24 1 380 7 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 0 0 0 0 2 7,130 73 7,130 Feb ‘25 0 0 0 0 0 0 0 0 1 1,000 10 8,130 Mar ‘25 0 0 0 0 0 0 0 0 3 17,000 177 1,000 Apr ‘25 0 0 0 0 0 0 0 0 1 5,000 52 6,000 May ‘25 0 0 0 0 0 0 0 0 0 0 0 6,000 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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37 III.a – Options Detail GMXT GRUMA KOF Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 0 0 0 0 May ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘25 0 0 0 0 0 0 0 0 0 0 0 0 May ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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38 III.a – Options Detail NAFTRAC OMA ORBIA Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 0 0 0 0 May ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘24 0 0 0 0 0 0 0 0 1 10,000 20 10,000 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 10,000 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 10,000 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 0 0 0 0 6 30,000 43 30,000 Feb ‘25 0 0 0 0 0 0 0 0 1 15,000 23 45,000 Mar ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘25 0 0 0 0 0 0 0 0 0 0 0 0 May ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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39 III.a – Options Detail PEÑOLES PINFRA TELEVISA Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘24 0 0 0 0 0 0 0 0 0 0 0 0 May ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘24 0 0 0 0 0 0 0 0 0 0 0 0 Jan ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Feb ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Mar ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Apr ‘25 0 0 0 0 0 0 0 0 0 0 0 0 May ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jun ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Jul ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Aug ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Sep ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Oct ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Nov ‘25 0 0 0 0 0 0 0 0 0 0 0 0 Dec ‘25 0 0 0 0 0 0 0 0 0 0 0 0 (1) Contracts (2) Million pesos
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40 III.a – Options Detail WALMART Trades Volume(1) Notional Value(2) Open Interest (1) Jan ‘24 0 0 0 0 Feb ‘24 1 4,700 32 4,700 Mar ‘24 2 1,510 10 1,510 Apr ‘24 0 0 0 1,510 May ‘24 0 0 0 1,510 Jun ‘24 1 10 0 0 Jul ‘24 0 0 0 0 Aug ‘24 0 0 0 0 Sep ‘24 0 0 0 0 Oct ‘24 0 0 0 0 Nov ‘24 0 0 0 0 Dec ‘24 0 0 0 0 Jan ‘25 1 1,850 10 1,850 Feb ‘25 0 0 0 1,850 Mar ‘25 2 10,000 56 10,000 Apr ‘25 1 5,000 31 15,000 May ‘25 0 0 0 15,000 Jun ‘25 3 35,000 218 15,000 Jul ‘25 0 0 0 0 Aug ‘25 0 0 0 0 Sep ‘25 0 0 0 0 Oct ‘25 0 0 0 0 Nov ‘25 0 0 0 0 Dec ‘25 0 0 0 0 (1) Contracts (2) Million pesos
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41 IV – Operating Figures Swaps Swaps 2024 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 55 41 37 98 47 71 75 74 42 70 53 40 Volume (1) 778,167 274,460 293,415 1,547,761 840,570 1,061,305 975,760 717,122 221,860 522,309 652,900 614,700 Notional Value (2) 77,817 27,446 29,342 154,776 84,057 106,131 97,576 71,712 22,186 52,231 65,290 61,470 Open Interest (1) 8,198,118 7,566,308 6,966,173 7,820,674 8,354,484 9,133,500 9,198,160 8,951,846 8,483,707 7,814,817 12,055,038 6,296,087 Swaps 2025 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Number of Trades 84 53 37 39 22 32 - - - - - - Volume (1) 974,700 415,700 449,600 1,514,101 1,480,000 1,649,800 - - - - - - Notional Value (2) 97,470 41,570 44,960 151,410 148,000 164,980 - - - - - - Open Interest (1) 7,083,787 7,123,787 7,325,562 8,085,784 8,730,284 9,129,584 - - - - - - (1) Contracts (2) Million pesos
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42 V – Operating Figures SIF ICAP Mexico SIF ICAP México 2024 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Assigned Operations Daily Average Number of Trades Average Transaction Size (28-day terms) (1) Daily Average Amount (28-day terms) (1) Government Bonds (Broker) Daily Average Number of Trades 184 145 133 191 170 174 225 197 168 209 160 153 Average Transaction Size (28-day terms) (1) 8,120 9,288 8,693 9,829 15,387 15,320 17,356 18,720 16,521 17,831 13,948 13,053 Daily Average Amount (28-day terms) (1) 1,492,927 1,343,683 1,159,028 1,874,953 2,622,380 2,658,359 3,912,578 3,686,874 2,773,955 3,723,299 2,231,043 1,998,399 IRS / Basis Daily Average Number of Trades 6 8 5 7 6 7 5 8 7 8 6 6 Average Transaction Size (28-day terms) (1) 8,024 10,863 11,281 8,032 8,752 9,309 9,045 9,184 11,750 9,521 8,842 10,906 Daily Average Amount (28-day terms) (1) 49,670 90,526 51,031 60,052 52,094 61,616 47,808 75,223 80,571 75,261 50,107 68,552 Short Term (SET-TD) Daily Average Number of Trades 85 82 75 97 96 96 111 99 99 110 104 104 Average Transaction Size (28-day terms) (1) 159 176 174 163 175 146 162 158 175 156 180 192 Daily Average Amount (28-day terms) (1) 13,555 14,441 13,094 15,787 16,702 14,010 17,994 15,652 17,372 17,067 18,751 19,848 SIPO Daily Average Number of Trades 116 113 100 124 122 116 135 134 124 134 112 112 Average Transaction Size (28-day terms) (1) 393 327 397 314 306 306 220 242 376 310 372 394 Daily Average Amount (28-day terms) (1) 45,663 36,900 39,891 38,899 37,321 35,526 29,770 32,460 46,563 41,479 41,480 43,989 SIPO Corro Daily Average Number of Trades 14 10 7 14 9 10 11 11 9 14 9 10 Average Transaction Size (28-day terms) (1) 7,877 6,211 8,564 6,328 8,235 6,643 6,784 6,163 4,880 9,165 10,218 7,560 Daily Average Amount (28-day terms) (1) 113,274 60,633 63,211 88,894 73,724 69,275 71,715 66,909 44,385 130,052 90,020 74,155 (1) Million pesos V – Operating Figures SIF ICAP Mexico SIF ICAP México 2025 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
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43 Assigned Operations Daily Average Number of Trades 0 0 0 0 0 Average Transaction Size (28-day terms) (1) 3,529 1,086 200 1,690 1,323 Daily Average Amount (28-day terms) (1) 168 259 57 402 126 Government Bonds (Broker) Daily Average Number of Trades 203 187 235 198 176 222 Average Transaction Size (28-day terms) (1) 15,059 12,100 12,409 13,289 14,040 14,901 Daily Average Amount (28-day terms) (1) 3,053,478 2,258,030 2,916,790 2,635,074 2,477,029 3,306,537 IRS / Basis Daily Average Number of Trades 8 6 7 8 4 3 Average Transaction Size (28-day terms) (1) 8,881 10,608 9,130 9,456 7,662 6,923 Daily Average Amount (28-day terms) (1) 71,048 67,185 65,652 76,098 33,202 23,736 Short Term (SET-TD) Daily Average Number of Trades 107 99 118 115 122 117 Average Transaction Size (28-day terms) (1) 169 178 176 175 166 151 Daily Average Amount (28-day terms) (1) 18,097 17,611 20,723 20,156 20,295 17,730 SIPO Daily Average Number of Trades 131 115 123 128 134 131 Average Transaction Size (28-day terms) (1) 457 399 526 734 459 688 Daily Average Amount (28-day terms) (1) 59,772 45,959 64,685 93,574 61,718 89,780 SIPO Corro Daily Average Number of Trades 10 10 10 7 9 7 Average Transaction Size (28-day terms) (1) 8,605 6,954 7,352 6,210 8,916 7,745 Daily Average Amount (28-day terms) (1) 88,508 70,204 71,417 41,697 79,818 50,529 (1) Million pesos VI – Medium- and long-term issues INSTRUMENT Jan‘24 Feb ‘24 Mar ‘24 Apr ‘24 May ‘24 Jun ‘24 Issues Amount Issues Amount Issues Amount Emisiones Issues Amount Issues Amount Issues 2 Unsecured debentures / obligations - - - - - - - - - - - -
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44 Q Subordinated debentures / obligations 8 3,258 8 3,258 8 3,258 8 3,258 8 3,258 8 3,258 JE Dual listing debt 4 54,500 4 54,500 5 72,000 5 72,000 5 72,000 5 72,000 90 Secured government certificates 19 68,551 19 68,575 19 68,032 19 68,119 19 68,112 19 67,971 95 Secured federal government certificates 69 433,307 69 433,268 69 431,847 69 431,253 68 428,403 67 426,847 91 Secured private bonds 264 711,479 266 718,334 263 726,125 267 736,650 269 752,496 268 750,956 94 Secured bank bonds 51 218,003 54 243,472 55 246,980 58 262,232 57 260,801 56 260,530 97 Mortgage-backed securities 36 15,447 36 15,502 36 15,470 36 15,475 36 15,471 36 15,395 98 Total Mortgage-backed certificates 2 841 2 845 2 845 2 847 2 848 2 846 99 Structured debt of financial institutions and / or subsidiaries 25 3,994 26 3,968 27 4,023 29 4,346 27 4,172 28 4,182 F Certificates of deposit - - - - - - - - - - - - 2U Detachable coupon inflation indexed certificates 1 1,475 1 1,484 1 1,484 1 1,354 1 1,357 1 1,353 2P Detachable coupon certificates - - - - - - - - - - - - 92 Short term municipal and estate bonds 20 3,335 23 3,146 21 2,801 18 1,619 15 1,379 15 1,379 93 Short term ICS 300 58,447 319 63,489 325 65,745 333 64,660 324 65,395 327 67,786 CD Bank Certificates of Development Banking 12 51,929 12 51,947 12 51,948 12 51,955 12 51,962 12 51,953 83 Structured debt of financial institutions (CP) 45 4,493 45 4,937 47 5,308 44 5,736 35 3,199 34 1,696 TOTAL 856 1,629,058 884 1,666,725 890 1,695,866 901 1,719,503 878 1,728,852 878 1,726,151 Amounts in million pesos INSTRUMENT Jul‘24 Aug ‘24 Sep ‘24 Oct ‘24 Nov ‘24 Dec ‘24 Issues Amount Issues Amount Issues Amount Issues Amount Issues Amount Issues Amount 2 Unsecured debentures / obligations - - - - - - - - - - - - Q Subordinated debentures / obligations 8 3,258 8 3,258 8 3,258 8 3,058 8 3,058 8 3,058 JE Dual listing debt 5 72,000 5 72,000 5 72,000 5 72,000 5 72,000 4 61,000 90 Secured government certificates 19 67,953 19 67,942 19 67,292 18 64,852 18 65,014 18 65,134 95 Secured federal government certificates 67 426,719 67 426,708 66 376,433 66 373,911 66 373,866 64 372,562 91 Secured private bonds 268 754,737 270 761,059 273 776,573 275 783,808 274 785,768 273 791,527 94 Secured bank bonds 55 250,820 57 251,250 60 259,998 62 276,103 62 274,348 62 271,461 97 Mortgage-backed securities 36 15,509 36 15,565 36 15,519 36 15,521 36 15,587 36 15,605 98 Total Mortgage-backed certificates 2 853 2 857 2 857 2 858 2 863 2 865 99 Structured debt of financial institutions and / or subsidiaries 29 4,228 29 4,231 27 4,205 27 4,206 24 4,528 27 4,817 F Certificates of deposit - - - - - - - - - - - - 2 U Detachable coupon inflation indexed certificates 1 1,366 1 1,374 1 1,374 1 1,237 1 1,245 1 1,249 2P Detachable coupon certificates - - - - - - - - - - - - 92 Short term municipal and estate bonds 13 1,143 18 3,180 25 5,253 31 7,300 33 8,035 34 8,280 93 Short term ICS 329 68,411 321 61,415 321 60,574 312 58,552 315 59,014 307 55,753 C D Bank Certificates of Development Banking 12 51,982 11 47,999 10 46,497 10 46,503 10 46,522 10 46,531 83 Structured debt of financial institutions (CP) 35 2,191 33 2,286 34 2,392 37 2,718 39 4,020 38 2,538 TOTAL 879 1,721,169 877 1,719,123 887 1,692,224 890 1,710,626 893 1,713,866 884 1,700,379 Amounts in million pesos VI – Medium- and long-term issues INSTRUMENT Jan‘25 Feb ‘25 Mar ‘25 Apr ‘25 May ‘25 Jun ‘25 Issues Amount Issues Amount Issues Amount Issues Amount Issues Amount Issues Amount 2 Unsecured debentures / obligations - - - - - - - - - - - - Q Subordinated debentures / obligations 8 3,058 8 3,058 8 3,058 8 3,058 8 3,558 8 3,558
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45 JE Dual listing debt 4 61,000 4 61,000 4 61,000 4 61,000 4 61,000 4 61,000 90 Secured government certificates 18 59,983 18 59,811 18 59,344 18 59,462 18 59,566 18 59,539 95 Secured federal government certificates 63 370,331 63 369,809 61 363,216 64 385,491 63 381,105 63 379,863 91 Secured private bonds 273 789,173 271 796,096 273 797,495 271 791,078 270 789,924 269 791,388 94 Secured bank bonds 62 271,563 60 259,073 62 274,149 64 275,871 63 271,823 62 269,943 97 Mortgage-backed securities 35 15,629 35 15,648 35 15,668 34 15,696 34 15,715 34 15,735 98 Total Mortgage-backed certificates 2 868 2 870 2 872 2 875 2 877 2 879 99 Structured debt of financial institutions and / or subsidiaries 28 4,469 27 4,402 28 4,497 30 4,476 42 5,108 46 6,157 F Certificates of deposit - - - - - - - - - - - - 2U Detachable coupon inflation indexed certificates 1 1,254 1 1,257 1 1,261 1 1,120 1 1,123 1 1,127 2P Detachable coupon certificates - - - - - - - - - - - - 92 Short term municipal and estate bonds 35 10,159 38 12,807 40 14,477 39 16,583 39 17,073 42 17,417 93 Short term ICS 289 55,665 284 56,250 288 60,668 288 62,521 293 68,674 313 69,772 CD Bank Certificates of Development Banking 10 46,542 9 43,991 8 40,483 8 40,494 8 40,503 8 40,512 83 Structured debt of financial institutions (CP) 34 3,152 30 2,111 33 2,858 28 2,578 25 2,079 25 1,966 TOTAL 862 1,692,846 850 1,686,182 861 1,699,046 859 1,720,302 870 1,718,128 895 1,718,854 Amounts in million pesos INSTRUMENT Jul‘25 Aug ‘25 Sep ‘25 Oct ‘25 Nov ‘25 Dec ‘25 Issues Amount Issues Amount Issues Amount Issues Amount Issues Amount Issues Amount 2 Unsecured debentures / obligations - - - - - - - - - - - - Q Subordinated debentures / obligations - - - - - - - - - - - - JE Dual listing debt - - - - - - - - - - - - 90 Secured government certificates - - - - - - - - - - - - 95 Secured federal government certificates - - - - - - - - - - - - 91 Secured private bonds - - - - - - - - - - - - 94 Secured bank bonds - - - - - - - - - - - - 97 Mortgage-backed securities - - - - - - - - - - - - 98 Total Mortgage-backed certificates - - - - - - - - - - - - 99 Structured debt of financial institutions and / or subsidiaries - - - - - - - - - - - - F Certificates of deposit - - - - - - - - - - - - 2U Detachable coupon inflation indexed certificates - - - - - - - - - - - - 2P Detachable coupon certificates - - - - - - - - - - - - 92 Short term municipal and estate bonds - - - - - - - - - - - - 93 Short term ICS - - - - - - - - - - - - CD Bank Certificates of Development Banking - - - - - - - - - - - - 83 Structured debt of financial institutions (CP) - - - - - - - - - - - - TOTAL - - - - - - - - - - - - Amounts in million pesos