BIVA (Bolsa Institucional de Valores) is Mexico's second stock exchange, which began operations on July 25, 2018, to foster competition and innovation in the country's capital markets. Backed by CENCOR, BIVA leverages cutting-edge technology to provide a comprehensive platform for listing and trading various securities, including stocks, debt instruments, and other financial products. Its mission is to increase market depth, attract new issuers and investors, and offer a modern, efficient, and accessible alternative to the traditional exchange, thereby contributing to the growth of the Mexican economy.