News, analysis and personal reflections on the markets & the financial sector

Saturday, June 28, 2008

CME Opens Access to the Brazil Equity Market

In January, CME Group and BM&F Bovespa, the world's third largest exchange by market capitalization, entered into a cross-investment agreement. This agreement will open new equity market opportunities for our customers later this year, when our electronic order routing and trading platforms are connected.
You will have trading access to the dynamic Brazilian market with BM&F futures and options on the Bovespa Index, a benchmark index of 50 stocks traded on the Sao Paulo Stock Exchange. The index is designed to include stocks that accounted for 80 percent of the volume traded in the last 12 months and traded on at least 80 percent of those trading days.
Benefits to You
• Access to rapidly growing Brazilian equity market
• Diversification potential vs. existing CME Group equity index products
• Expansion of the already extensive line-up of small-, mid- and large-cap equity opportunities available through one platform

No comments: