CME, BM&FBOVESPA Announce Cross-Listing of Commodity, Energy Futures

摘要

CME Group and BM&FBOVESPA (BVMF), the largest equity and futures exchange in Latin America, on March 6 announced a cross-listing and cross-licensing agreement in- volving S&P 500 Index and Bovespa Index (IBOVESPA) futures. BVMF will also license CME Group’s Chicago Board of Trade (CBOT) mini-sized soybean and NYMEX light sweet crude oil (West Texas Intermediate [WTI]) fu- tures settlement prices. The agreement also provides the companies the opportunity to license additional products in the future.