CME Group and BM&FBOVESPA reports start date of order routing as 30 September
Tue. September 30, 2008; Posted: 10:56 AM
Sep 30, 2008 (M2 EQUITYBITES via COMTEX) --
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PowerRating -- CME Group (NasdaqGS:CME) and BM&FBOVESPA, the Latin America exchange,
reported on 29 September that on CME Globex, the order routing of BM&F
derivatives products, is scheduled to begin on 30 September.
BM&FBOVESPA customers will be able to trade CME Group products directly
through their BM&FBOVESPA connections. These will include CME Group
futures and options on interest rates, equity indexes, foreign
exchange, commodities and energy and metals products.
The combination of the Brazilian Mercantile & Futures Exchange (BM&F)
and the Sao Paulo Stock Exchange (Bovespa) resulted in the BM&FBOVESPA
SA Securities, Commodities and Futures Exchange in 2008, together the
third largest exchange worldwide in terms of market value. Among its
broad range of trading products, the new Exchange offers equities,
securities, financial assets, indices, interest rates, agricultural
commodities and foreign exchange futures and spot contracts.
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