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BM&FBOVESPA S.A.
BOLSA DE VALORES, MERCADORIAS E FUTUROS
The Brazilian Securities, Commodities and Futures Exchange
Public Company
Brazilian Federal Taxpayer CNPJ No. 09.346.601/0001-25
State Registration Number NIRE No. 35.300.351.452
Notice to the Market
Agreement for Cross-Listing of Global Benchmark Equity Index, Commodity and
Energy Futures among BM&FBOVESPA, CME Group and S&P Indices
BM&FBOVESPA S.A. ("BM&FBOVESPA" or the "Company"), the largest equity and
futures exchange in Latin America, and CME Group, the world's leading and most diverse
derivatives marketplace, today announced a cross-listing and cross-licensing agreement
involving S&P 500 Index and Bovespa Index (IBOVESPA) futures. BM&FBOVESPA will
also license CME Group's Chicago Board of Trade (CBOT) Mini-sized Soybean and
NYMEX Light Sweet Crude Oil (WTI) futures settlement prices. The agreement also
provides the companies the opportunity to license additional products in the future.
Under the cross-listing arrangements, the IBOVESPA, the main indicator of the Brazilian
stock market's average performance, will be listed on Chicago Mercantile Exchange (CME)
and cleared through CME Clearing as U.S. dollar denominated Ibovespa futures.
BM&FBOVESPA will launch U.S. dollar denominated S&P 500 Index futures, Mini-sized
Soybean futures and WTI futures, all of them to be settled in Brazilian real. The S&P 500
is being made available to BM&FBOVESPA via sublicense from CME Group and S&P
Indices, one of the world's leading index providers, under CME Group's exclusive global
license.
BM&FBOVESPA
expects to launch the Mini-sized Soybean futures in the 2
nd
quarter of
2012, and the WTI futures in the 3
rd
quarter of 2012. Each exchange expects to launch
its respective equity index futures in the second half of 2012.
So Paulo, March 6, 2012.
Eduardo Refinetti Guardia
Chief Financial, Corporate Affairs and Investor Relations Officer