BMV, BM&F In Order Routing Talks

Bolsa Mexicana de Valores is in discussions with its Brazilian counterpart, BM&FBovespa, over an order-routing deal.

Bolsa Mexicana de Valores (BMV) is in discussions with its Brazilian counterpart, BM&FBovespa, over an order-routing deal, Financial Times reports. The move may increase trading volumes between Latin America’s two largest bourses. The proposed agreement will provide Mexican and Brazilian investors direct access to each others’ markets. BMV has also entered an agreement with Chile, similar to the one currently being negotiated with Brazil.

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