BRICS: The dawning of five countries one system

Apr 24 2012

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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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