Thursday October 20 2016
News Source: Global Exchanges
Focus: Holidays and Opening Hours and suspensions
Type: General
It has been reported that BM&FBOVESPA has approved Object Trading as a conformed ISV (Independent Software Vendor) to handle market data, order entry, and pre-trade risk constraints, via its Direct Market Access (DMA) platform for clients and partners. Object Trading is a provider of multi-asset trading infrastructure featuring a single gateway for normalised market data and order execution to over 60 markets worldwide.
BM&FBOVESPA’s most recent requirements regarding direct connections in place of order routing partnerships take effect on October 31, 2016. Buy-side firms in Brazil and abroad will continue to seek and find deep liquidity in BM&FBOVESPA’s futures and options on interest rates, FX and equity indices. Object Trading allows buy-sides outside of and in Brazil to maintain or obtain direct market access to BM&FBOVESPA without technology.
This information will be updated once available.