The Brazilian exchange said the new service will support its growth for 20 years
BM&FBovespa has heralded as a "leap forward" the launch
on Monday of the Brazilian exchange group’s first
fully integrated clearing house, a move the firm said will help
clients cut costs and improve collateral management.
The Sao Paolo-based exchange said BM&FBovespa
Clearinghouse brings together for the first time under one roof
listed and over-the-counter derivatives clearing, and includes
the group’s new risk management service, Closeout
Risk Evaluation (Core).
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