BM&FBovespa Seeks Derivatives Market Makers

BM&FBovespa Seeks Derivatives Market Makers

Equity

The BM&FBovespa has told banks, brokers and asset managers that it will select a group of institutions to become derivatives market makers. It will choose four banks, one institutional investor, two local brokers and two non-financial commodities and financial contract traders for the initiative, which is designed to boost secondary liquidity in its expanding derivatives platform. Selected participants will be exempt from fees associated with the products they support. They will also get a porti

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