News
Order routing between BM&FBOVESPA and CME Group sets historic record in May
Number of trades and contracts traded increase 273% and 136%, respectively
During the month of May, the number of BM&F market segment transactions carried out via the CME Globex® – GTS order routing system reached a record 67,698 trades, a 273% increase over the 18,122 trades in April. The system also set a historic record of 645,825 contracts traded, a 136.97% growth in comparison to the 272,540 contracts traded during the previous month.
The order routing agreement enables customers in more than 80 countries using CME Globex®, CME Group’s electronic trading platform, to trade BM&FBOVESPA products directly, via the Brazilian exchange’s electronic trading platform, GTS. These products include: futures and options on One Day Inter-Bank Deposits, the Bovespa Stock Index, commodities, energy, and metals. The partnership between CME Group and BM&FBOVESPA also allows Brazilian investors to trade CME Group products directly through the GTS system, the only derivatives trading system in Latin America that can be accessed via CME Globex®.