|CME Globex Order Routing for BM&FBOVESPA Derivatives|
Effective this Tuesday, September 30, CME Globex customers will be able to trade BM&FBOVESPA derivative products directly.
Users must be registered with a BM&FBOVESPA broker, and the broker must configure the BM&FBOVESPA registration and credit control systems in advance of trading. Customers are also required to access CME Globex via a trading application certified for BM&FBOVESPA order routing.
With this launch, customers in more than 80 countries using the CME Globex electronic trading platform can trade BM&FBOVESPA products directly, including futures and options on One Day Inter-Bank Deposits, the U.S. Dollar/Brazilian Real FX rate, the Bovespa Stock Index (pending regulatory approval for U.S. customers), and commodities such as Arabica coffee, live cattle and corn.
Starting in Q4 2008, BM&FBOVESPA customers will have the ability to trade CME Group products directly through their BM&FBOVESPA connections, including CME Group futures and options on interest rates, equity indexes, foreign exchange, commodities, energy and metals products.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.