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10:17 AM
Leslie Kramer
Leslie Kramer
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CME Group, Latin American Exchange to Begin Order Routing

The order routing of BM&F derivatives products on CME Globex is scheduled to begin September 30, according to CME Group, a derivatives exchange, and BM&FBOVESPA, a Latin America exchange. The order routing linkage will enable customers in more than 80 countries using the CME Globex electronic trading platform to now trade BM&FBOVESPA products directly, including futures and options on One Day Inter-Bank Deposits, the Bovespa Stock Index, which is pending regulatory approval, and commodities such as Arabica coffee, live cattle and corn.

Starting in the fourth quarter of 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 and energy and metals products. "Our agreement with BM&FBOVESPA is another example of CME Group's commitment to expand our global offerings and services to our customers, and we want to thank the customers and employees who have worked so hard in recent weeks to make this a reality," said CME Group executive chairman Terry Duffy, in a press release.

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