BM&F Launches Spot Dollar Market
Date 27/01/2006
The Brazilian Central Bank, in a communication to the Brazilian Mercantile & Futures Exchange, has approved the changes in BM&F’s Foreign Exchange Clearinghouse’s settlement system, thus authorizing the Exchange to launch the Spot Dollar market. On Monday, January 23, BM&F will be discussing further details concerning the new product, which will begin trading at the end of this month or beginning of February.