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CME agrees Bolsa Mexicana tie-up

CME Group, the largest US futures exchange, deepened ties with Central and Latin American derivatives markets on Monday by agreeing a partnership with Bolsa Mexicana de Valores, operator of Mexico’s MexDer futures exchange. The move comes weeks after CME expanded an existing alliance with BM&FBovespa, the Brazilian exchange group, after the São Paolo-based company raised its stake in the Chicago operator to 5%. The CME already owns 5% of BM&FBovespa.

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