BM&F Bovespa’s equity options market outstripped its financial and commodity derivatives market in 2008, by volume of contracts traded.
Trading at BM&F Bovespa Futures, also called the BM&F segment, declined by 4.6% in 2009, from 391.6m contracts to 373.4m.
But equity options volume at the Bovespa segment (BM&F Bovespa Equity Options) grew by 56%, from 350.3m contracts to 547m. Open interest at the end of December...