Trading Technologies Launches Connectivity to Brazilian Exchange BM&FBOVESPA

First Published Tuesday, 7th October 2008 from Automated Trader : Direct Market Access News

TT links X_TRADER derivatives trading platform to BM&FBOVESPA, via the CME Group’s Globex platform.  


Trading Technologies International, Inc. has announced that TT has linked its X_TRADER® derivatives trading platform to Latin America's largest futures exchange, BM&FBOVESPA, via the CME Group's Globex® platform.

The new link to BM&FBOVESPA allows X_TRADER users to trade the main derivatives contracts listed on the exchange. These products include:

* Interest Rates - One-Day Interbank Deposit, Long Term Interbank Deposit and ID x US Dollar Swap with Reset contracts

* Equity Index Futures - Ibovespa, Mini-Ibovespa, Brazil Index-50, General Market Price Index and Mini General Market Price Index (pending regulatory approval)

* Currency - USD Futures, Mini-USD and Euro Futures

* Agricultural - Arabica Coffee, Robusta, Cotton, Real-Denominated Corn, Soybeans, Crystal Sugar, Feeder Cattle, USD Denominated Ethanol and Anhydrous Fuel Alcohol

* Sovereign Debt Instrument (Bonds) - A-Bond Futures, Three-, Five- and Seven-Year Brazilian Sovereign Credit Default Swaps and Ten-Year US Treasury Notes

* Metals - Gold Futures and Spot contracts

"By means of this connection, global investors can trade a complete and diversified range of Brazilian products and hedge their risks across the two Exchanges. The GTS order book will be transmitted in real time to the CME Globex users, and liquidity will be increased," says Cicero Augusto Vieira Neto, Chief Operating Officer of the BM&FBOVESPA.

"Trading Technologies' customers have expressed a strong desire to access the Latin American markets, so we are very pleased to be working with BM&FBOVESPA. Our BM&FBOVESPA connection has been thoroughly tested and is available to our customers," said Harris Brumfield, CEO of TT.

Click to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to viewClick to view
  • Copyright © Automated Trader Ltd 2012
click here to return to the top of the page