BMF&Bovespa and Cetip announced plans for a merger in April
Brazilian central depository Cetip has
signed an agreement with S&P Global Platts to expand its
derivative index portfolio.
Cetip and Platts have
inked a deal which will enable Brazil’s financial
institutions to offer over-the-counter (OTC) commodities
derivatives contracts. According to the firms, these contracts
would allow participants to hedge against price fluctuations,
where previously the only hedging tools tended to be
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