Latin America Bank
Saxo Bank, the specialist in trading and investment online, has enriched its offer of access to financial instruments, today announce the launch of four instruments of future which, for the first time, will offer the possibility of investing directly in the Brazilian market to non-resident investors in Brazil. Products include the Brazilian Bovespa index and the dollar American/Real Brazilian (USD/BRL) crossing and allow the investor to gain exposure to economies with better picture and coverage of risk in their portfolios. With this launch, Saxo Bank offers investors four instruments for investment in future the BOVESPA index, IBOVESPA mini-indice, BMF US Dollar Future and mini BMF US Dollar which are also available from April 18 on all platforms (SaxoTrader, SaxoWebTrader and SaxoMobileTrader) Bank, Saxo Bank expands its coverage to more than 20 markets, futures and more than 80 trade points which can be accessed through a range of composed of more than 22,000 financial instruments products. Earlier, investors who wanted to have access to the Brazilian market had to do so through ADR s of Brazilian corporations listed in New York but based on the risk of the dollar as the base currency. Now, through platforms multi-product of Saxo Bank, is possible to access these futures in Brazilian Reals, thus eliminating the risk of the exchange of local currency to the dollar. The increase in the price of commodities has put Brazil in the sights of investors. Its excellent economic growth, political stability and liquid market, where more than 3.5 billion dollars are traded daily, they have positioned the country as the clear leader in Latin America, at a time when investors are demanding greater access to emerging markets.
commented Pedro Brigham, director of the Latin region of Saxo Bank. Claus Nielsen, Executive Vice President and director of markets of Saxo Bank, said: the launch of the negotiation of futures in Brazil marks an important milestone for Saxo Bank, and we are proud to offer to our global customer base, access to this vibrant economy. We view with optimism to expand the list of instruments available in Brazil and include other trading centers in emerging markets to our platform.
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