NYSE Liffe Provides Direct Access To Brazil

NYSE Liffe, the European derivatives business ofNYSE Euronext, will offer Brazilian trading firm’s direct electronic access to its London market,Finextrareports. The London-based futures exchange has already received approval from Brazil’sComissão de Valores Mobiliários.

Customers in Brazil will get direct access to NYSE Liffe’s short term interest rate, bond, swapnote, equity and commodities futures and options. Until now, Brazilian customers were only able to access Liffe through a licensed intermediary. The move by Liffe is expected to help reduce costs and the speed of execution for those willing to connect to the market, addsFinancial News.

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