Real-time Risk Drives BM&FBovespa Clearing Revamp

Brazilian exchange operator BM&FBovespa plans to integrate its four clearing houses for equities, derivatives, government bonds and spot foreign exchange trading in order to roll out a multi-asset, multi-market risk management framework that utilizes real-time risk calculations.
The new system, based on Cinnober's TradeExpress RealTime Clearing platform, will also introduce collateral pools as well as netting of positions and settlement instructions based on asset class, according to exchange
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