Year-on-year decrease for BM&FBovespa
19 March 2015 São Paulo
Image: Shutterstock
Securities lending revenue in Q4 of 2014 reached $6.2 million at Brazilian central counterparty (CCP) BM&FBovespa.
This total made up 3.4 percent of the CCP’s total revenue, standing 10.6 percent lower than Q4 of 2013.
The decrease was explained mainly by an 11.9 percent decrease in the average financial value of open interest positions in the same period.
This total made up 3.4 percent of the CCP’s total revenue, standing 10.6 percent lower than Q4 of 2013.
The decrease was explained mainly by an 11.9 percent decrease in the average financial value of open interest positions in the same period.
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