MexDer, the Mexican derivatives exchange part-owned by Chicago's CME Group, is hoping to launch clearing for interest rate swap contracts in October, as emerging market bourses move to help dealers meet global derivatives clearing requirements.

The exchange's parent company, Bolsa Mexicana de Valores, which also operates the Mexican Stock Exchange alongside the derivatives platform, runs its own clearing house, Asigna. The exchange operator will become the latest market infrastructure provider to offer clearing for interest rate swaps, following other major futures market operators and several independent clearinghouses.