Accounts structure

Indeval provides two types of account structures for local and foreign clients:

  • Omnibus (multiple beneficiaries): securities accounts in which all depositors' clients' shares are concentrated.
  • Segregated Account for each final beneficiary.


  • Benefits

    Both account structures have their benefits:

    Omnibus Accounts

    Segregated Accounts

  • Operational conveniences:
  • Intermediary's schedules are managed
  • Avoids duplicity in registrations and instructions
  • Concentration of corporate and patrimonial rights processes
  • Cost reduction: movements are netted
  • Aggregate reconciliation: lower reconciliation requirements by intermediaries
  • Identify at the Securities Depository level the accounts and transactions on behalf of institutional investors
  • Facilitates supervision and oversight
  • Risk monitoring (concentration)
  • Transparency in the settlement and volumes of Mexican securities traded by foreigners
  • Possibility of linking transactions at the Stock Exchange - CCV - Indeval (individual accounts)
  • Under Mexican regulation, financial institutions, including banks and broker-dealers among other types of entities Participants of S.D. Indeval, are required to segregate their assets from those of their clients at the depository level.

    S.D. Indeval offers its Participants two account types: own position accounts and third-party accounts. Participants can hold their clients' assets in a single account at the depository under an omnibus account. Individual client segregation is done at the Participants' books and records; however, Participants can open multiple accounts to accommodate their own segregation needs.

    In addition to own position and third-party accounts, participants have the following accounts:

  • Issuance. For securities that will be listed on the Market
  • Restricted transfer (pledged accounts with assets held as collateral)
  • Cash Accounts (the transactions' cash leg is settled vía cash accounts within DALI settlement system)

  • Participants may transfer funds from their cash accounts with the Central Bank through payment systems such as SPEI into DALI. At the end of the day, DALÍ transfers all Participants' cash balances in DALI to their accounts at the Central Bank via SPEI or any bank account they have indicated.

    Indeval is responsible for monitoring the status of their own cash accounts for settlement at the beginning of the operating day in which they must show a balance of "0", during the operating day where they will never present negative balances, and at the closing of the operating day where they will again remain at "0", transferring all end-of-day balances to their account at the Central Bank or the account at any other bank that they are set to receive those funds.

    Links of interest
    S.D Indeval, Institución para el Depósito de Valores © 2021
    Paseo de la Reforma # 255, Piso 3, Colonia Cuauhtémoc, Delegación Cuauhtémoc, C.P. 06500, CDMX.

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