MEXICO CITY - Mexico's central bank has confirmed that it will move ahead with plans to introduce peso futures markets.

The Chicago Mercantile Exchange has said it hopes to start trading peso futures and options contracts April 19.

By launching a peso futures market the Bank of Mexico said it hopes to bring some stability and predictability to the Mexican currency in the wake of a financial crisis set off Dec. 20.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.