BRICS: The dawning of five countries one system

Apr 24 2012

The push to expand the range of financial derivatives comes as the BRICS boost economic links and work to raise their global influence

A growing share of the world

Markets move in the same direction

Stock exchanges in Brazil, Russia, India, China and South Africa (BRICS) have started cross-trading derivatives futures after reaching agreement last month. Introduction of cross-traded derivatives futures may fill need for new financial products and a build on a strategic partnership.

Related article: The dawning of five countries one system

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