The Commodity Futures Trading Commission has approved BM&FBovespa’s application to offer for sale its Ibovespa equity index futures through CME Group’s electronic trading platform in the US.
CFTC granted its authorisation when it issued a no-action letter on August 26, permitting the trade of full-sized and mini-sized futures and options on the Ibovespa stock index in the US.
Market participants trading from a US-based account are now able...