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Follow on Google News | Saxo Bank first to offer direct online trading in Brazilian marketSaxo Bank has launched four futures contracts in the Brazilain market
By: Forex With this launch, Saxo Bank provides investors with four futures investment instruments - the BOVESPA Index, IBOVSPA Index Mini, BMF US Dollar Future and Mini BMF US Dollar - that are available on all of the bank's platforms (SaxoTrader, SaxoWebTrader and SaxoMobileTrader) Moreover, Saxo Bank expands its coverage to over 20 futures markets and more than 80 trading venues which can be accessed via a product range comprising more than 22,000 financial instruments. In a statement, Pedro Brigham, director of the Latin region for Saxo Bank, said: "The rise in commodity prices has put Brazil on investors' radars. Its excellent economic growth, political stability and a liquid market where over 3.5 billion US dollars are traded on a daily basis have made the country the clear leader in Latin America at a time when investors increasingly demand greater access to emerging markets". Claus Nielsen, executive vice president and head of markets at Saxo Bank, added: "The launch of futures trading in Brazil marks a significant milestone for Saxo Bank, and we are proud to be able to offer our global client base access to this vibrant economy. We look forward to expanding the list of available instruments in Brazil and to further add trading venues in emerging countries to our platform." About Saxo Bank Saxo Bank is an online trading and investment specialist, enabling clients to trade Forex (http://www.saxobank.com/ PR Contact: Kasper Elbjorn Saxo Bank Corporate Communications Saxo Bank 40 Bank Street Canary Wharf London E14 5DA +45 3065 4300 www.saxobank.com End
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