2014 Americas LatAm Exchange Of The Year: BM&FBOVESPA

BM&FBOVESPA, Brazil’s sole bourse, has been at the forefront of developing liquidity in the listed derivatives market in Latin America. It has seen growth in many of its commodity futures contracts, such as coffee futures, while also continuing to innovate across other asset classes, with one example being the deployment of non-deliverable forwards last July. That helped the exchange win this year’s GlobalCapital Americas Derivatives Latin America Exchange of the Year.