NYSE Liffe, the Europe-based derivatives business of NYSE Euronext (NYX), has received regulatory approval from Brazil’s Securities and Exchange Commission, the Comissão de Valores Mobiliários (CVM), to offer direct electronic access to its London market with immediate effect.

The CVM’s decision to grant approval enables enables customers in Brazil to benefit from  direct access to NYSE Liffe’s Short Term Interest Rate, Bond, Swapnote, Equity and Commodities Futures and Options. Alternatively, Brazilian firms can continue to make use of non-direct (intermediated) access for the execution of their NYSE Liffe business.

Garry Jones (pictured), Group Executive Vice President and Head of Global Derivatives, NYSE Euronext, says: “I would like to thank the Comissão de Valores Mobiliários for giving us its approval. In Brazil NYSE Liffe is best-known for commodities. Now that we have gained  approval from the CVM, we are delighted to have the opportunity to promote our wider product range: the array of global currency interest rates and blue chip European equity derivatives that we offer, as well as the range of commodity contracts with which many investors are already familiar.”