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Article: BM&FBOVESPA Authorizes Derivative Trading Via Co-location.
- Article from:
- PR Newswire
- Article date:
- May 21, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New direct market access technology allows investors and brokerage houses to install their servers in the Exchange
SAO PAULO, May 21 /PRNewswire-FirstCall/ -- The Brazilian Securities, Futures and Commodities Exchange - BM&FBOVESPA will offer, beginning on June 15, a new trading technology for the derivatives segment: Direct Market Access via co-location. The objective of this new technology is to attract more investors and to promote liquidity and the further development of the Brazilian market. Co-location is a form of Direct Market Access (DMA) that allows brokerage houses and investors to install their own computer servers in the Exchange's data processing ...