BM&F BOVESPA News April 2010

BRAiN initiative turns Brazil into an international hub for investments

Aiming at strengthening Brazil’s position as a potential investment and business hub, with regional focus on Latin America, BM&FBOVESPA, ANBIMA, and FEBRABAN announced the creation of a new association entitled BRAiN – Brasil Investimentos & Negócios (Brazil Investments & Business). It represents several sectors of society and relies on the sponsorship and participation of various private sector institutions to promote Brazil as an important financial hub. Paulo Oliveira Jr., BM&FBOVESPA’s former Chief Business Development Officer, is now the Chief Executive Officer of BRAiN. For further information, access www.brainbrasil.org.br

Visit BM&FBOVESPA at Tradetech London – booth 61

BM&FBOVESPA is joining TradeTech Europe – the 10th Equity Trading and Technology Summit to be held in London’s Excel Centre, on April 21st and 22nd. BM&FBOVESPA will promote its products and services at booth 61, and its Director of BM&FBOVESPA (UK) Ltd, Cathryn Lyall, will participate in the panel “Assessing The Best Opportunities For Trading In The Emerging Markets – DMA vs. Other Options”, on April 21, at 3:00 p.m. Ms. Lyall will be discussing the best investment opportunities in Brazil. Please find additional information at http://www.bmfbovespa.com.br/en-us/home.aspx?idioma=en-us

BM&FBOVESPA and CME Group at the Brazil Investment Summit

BM&FBOVESPA and CME Group will jointly exhibit at the Brazil Investment Summit, in São Paulo, from April 26 to 29. The international event gathers more than 500 market professionals, including institutional investors, hedge funds, assets managers, and brokerage houses. On April 28, both exchanges will participate in a discussion panel on facilitating quantitative trading in Brazil, which will address the growing participation of algo trading in the Brazilian derivatives and equities markets, as well as other DMA trading opportunities. For further information, access http://www.terrapinn.com/2010/bis

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Join BEST Brazil Europe and discuss Brazilian investment opportunities

This year’s European edition of BEST – Brazil Excellence in Securities Transactions road show will take place in London, on April 27th, and in Paris on April 29th. BM&FBOVESPA co-organizes the event with other financial and capital markets institutions in Brazil and will present the latest investment opportunities in the country. www.bestbrazil.org.br

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MegaDirect new version

Since April 9th, the MegaDirect, an electronic communication interface, has a new version. The interface enables the insertion, modification, and cancelation of offers placed on the Mega Bolsa, BM&FBOVESPA equities segment trading platform. As of 1 June 2010, the MegaDirect will become the only form of access for all automatic DMA connections to the Mega Bolsa. The new system performs up to tenfold faster than the Multigateway, the Exchange’s other operating interface, which will be deactivated on June 1.

U.S. Senator Christopher Dodd discusses market regulation trends with BM&FBOVESPA

The Chairman of the U.S. Senate Committee on Banking, Housing, and Human Affairs, Senator Christopher Dodd visited BM&FBOVESPA in April. The American Senator met with BM&FBOVESPA’s CEO, Edemir Pinto, and other officers and discussed the Exchange’s vertically integrated business model, risk management system, OTC markets and the industry’s regulatory trends.

BM&FBOVESPA and Cepea launch Spot Ethanol Price Indicator

BM&FBOVESPA and the Center of Advanced Studies in Applied Economy (Cepea) launched the Spot Hydrous Ethanol Price Indicator Paulínia (SP) Esalq-BM&FBOVESPA. The new indicator is a daily gauge for hydrous ethanol with price formation in Paulínia, in the state of São Paulo, a fuel distribution hub in Brazil. The indicator is calculated through price information provided by market participants, like producers, distributors and brokers.

DMA trading reaches historic records at BM&FBOVESPA

Derivatives trading via Direct Market Access at BM&FBOVESPA reached historical records in March, with 18,404,891 contracts traded, in 1,983,044 trades; in contrast to the records registered in the previous month of 12,537,023 contracts traded, in 1,485,032 trades. DMA trading via order routing with CME Group’s Globex also reached a record 3,931,514 contracts traded in March, in 1,039,213 trades. Previous trading records had been set with 3,246,598 contracts traded in October 2009, and 816,205 trades in February 2010.

Equity market transactions carried out through order routing via DMA registered a historical financial volume record of BRL136.86 billion and 11,867,547 trades. In February, the financial volume was BRL112.32 billion and 9,546,982 trades.

BM&F segment trading volumes registered by access modality in March in comparison to the previous month are as follows:
Traditional DMA – 9,245,230 contracts traded, in 669,288 trades, in comparison to 5,807,581 contracts traded and 505,698 trades;
Via DMA Provider – 4,646,935 contracts traded, in 91,217 trades, in comparison to 3,200,086 contracts traded and 75,421 trades;
DMA via order routing with CME Globex (CME Group’s electronic trading platform) – 3,931,514 contracts traded, in 1,039,213 trades, in comparison to 3,171,892 contracts and 816,205 trades;
DMA via co-location – 581,212 contracts traded, in 183,326 trades, in comparison to 357,464 contracts traded, in 87,708 trades.

BM&F Segment March 2010

The derivatives market segment totaled 71,691,088 contracts and BRL4.75 trillion in volume. That compares to 39,306,238 contracts and a volume of BRL2.47 trillion in February. The daily average of contracts traded in the derivatives markets set a new record: 3,117,004.

BOVESPA Segment March 2010

The equities market segment reached a total volume of BRL148.81 billion, in 9,038,122 trades, with daily averages of BRL6.47 billion and 392,962 trades, respectively. In February, total volume reached BRL118.06 billion, 7,355,993 trades, with daily averages of BRL 6.55 billion and 408,666 trades, respectively.

Source: BM&FBOVESPA 20.04.2010

Filed under: BM&FBOVESPA, Brazil, Exchanges, Latin America, News, BM&FBOVESPA, Brazil, CME, Commodities, Derivatives, DMA Direct Market Access, Exchanges, Latin America, Performance Report