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Podcast: 360T Podcast Series
Episode: Episode 16 - Juan Garcia, Director of Domestic Operations, Banco de México
Description: The local FX market in Mexico is ripe for change, and technology could be the catalyst for it, says Juan Garcia at Banco de México. For example, he highlights that ten years ago less than 20% of FX trading in Mexico was conducted via electronic channels, whereas today that figure is estimated to be around 60%. In this podcast episode Garcia talks about the implications of this trend, as well as anaylsing the growth prospects for the Mexican peso going forwards and discussing the impact of the Global Code of Conduct on the domestic market.