"This initiative will allow our clients to improve their ability to better manage market and credit risk exposure across various asset classes," said Bryan Durkin, CME Group COO and managing director, products and services. "As our relationship expands, we will continue to explore joint technology and product opportunities with BM&F Bovespa to bring more innovative and new trading solutions to the global marketplace." In addition to the cross-listing arrangements, BM&F Bovespa and CME Group have partnered on a number of other initiatives including Puma, the Brazilian bourse's new multi-asset trading platform that is based on the CME's Globex technology, and order routing arrangements. "Our long standing strategic partnership with CME Group continues to bring new benefits to both companies' customers," said Marcelo Maziero, chief product and customer officer at BM&F Bovespa.