Wednesday April 2 2025

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: International

Link: https://tinyurl.com/txc27z72




The Shanghai Stock Exchange (SSE) and Brasil, Bolsa, Balcão (B3) signed a memorandum of understanding (MOU) regarding Exchange Traded Fund (ETF) connectivity cooperation on March 20th, marking a new phase in capital market cooperation between China and Brazil.

The SSE signed MOUs with the B3’s two predecessors, the BOVESPA in 2005 and the BM&FBOVESPA in 2011. Both sides have established a close cooperative relationship in areas including market data, personnel exchanges, and market promotion efforts. The signing of this special ETF connectivity agreement represents a proactive step by the two exchanges in effectively executing the outcomes of the seventh meeting of the China-Brazil High-level Coordination and Cooperation Committee (COSBAN). This agreement marks significant progress toward more sophisticated and high-quality practical collaboration between the two parties, aiming to enhance understanding and deepen cooperation among capital market participants in both countries.

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