Real/euro futures off to good start

SAO PAULO - The real/euro futures contract developed between the Chicago Mercantile Exchange (CME) and BM&FBovespa (BM&F) has traded 10,000 contracts in the three months since launch.

The contract was launched on February 6 and is the first to be jointly developed between the two exchanges, which have increased their interaction over the past year though an order-routing partnership.

The partnership is intended to increase the volume, liquidity and distribution capacity of both exchange markets

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