BM&FBovespa and Santiago Stock Exchange to develop Chilean derivatives market
First Published 16th April 2012
Agreement to transfer BM&FBOVESPA's derivatives markets knowledge to Chilean Exchange
Santiago - BM&FBOVESPA and the Santiago Stock Exchange (BCS) have signed an agreement that sets out the implementation of the Chilean derivatives market at the Santiago Stock Exchange. The agreement provides for the transfer of derivatives market knowledge from BM&FBOVESPA to the Chilean Exchange, encompassing products such as equity, interest rate and FX options and futures.
The alliance between the two exchanges began in December 2010 and other strategic projects are in the pipeline, such as connectivity and order routing and market data distribution in particular.