BM&F To Launch Bond Trading Platform

BM&FBovespa is planning to roll out a bond trading platform by mid-2012.

BM&FBovespa is planning to roll out a bond trading platform by mid-2012, Business Week reports. The Brazilian bourse is in talks with Mila, a platform which combines trading in stocks from Colombia, Chile and Peru, to help them develop the new platform. BM&FBovespa is also looking to speed up processing capabilities as it seeks to promote high-frequency trading for derivatives and stocks. The aims at the speed moving to 1.1 millisecond by the middle of next year from 15 milliseconds currently.

Click here for the story from Business Week.