The Bank for International Settlements (BIS) has today announced the opening of a new dealing room at its Representative Office for the Americas in Mexico City. The new facility complements the existing BIS trading rooms in Basel and Hong Kong SAR, allowing the BIS to offer 24-hour services to its central bank customers.

As part of the BIS's medium-term Innovation 2025 strategy, the new dealing room is designed to expand the Bank's scope in the Americas and better serve its customers there. Central banks in the region now have access to the full range of BIS products during their trading hours, as well as to the expertise of relationship managers based in their time zone.

Peter Zöllner, Head of the BIS Banking Department, said: "Global financial markets and reserve managers' demand for liquidity put a premium on the ability to deliver near 24-hour coverage of markets. I am confident our central bank customers, in the Americas and worldwide, will greatly benefit from this new facility."

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The Bank for International Settlements (BIS) has today announced the opening of a new dealing room at its Representative Office for the Americas in Mexico City. The new facility complements the existing BIS trading rooms in Basel and Hong Kong SAR, allowing the BIS to offer 24-hour services to its central bank customers.

As part of the BIS's medium-term Innovation 2025 strategy, the new dealing room is designed to expand the Bank's scope in the Americas and better serve its customers there. Central banks in the region now have access to the full range of BIS products during their trading hours, as well as to the expertise of relationship managers based in their time zone.

Peter Zöllner, Head of the BIS Banking Department, said: "Global financial markets and reserve managers' demand for liquidity put a premium on the ability to deliver near 24-hour coverage of markets. I am confident our central bank customers, in the Americas and worldwide, will greatly benefit from this new facility."