13.10.2011 - Emerging-market exchanges join forces
Exchanges from Brazil, Russia, India, Hong Kong and South Africa unveiled a product-sharing agreement aimed at leveraging interest in their emerging markets. Starting in the first half of next year, seven exchanges from the five marketsówith a combined market capitalization of $9.02 trillionówill cross-list stock indexes from each of the exchanges. The exchanges are Brazil's BM&F Bovespa, Hong Kong Stock Exchanges & Clearing Ltd., Russia's Micex and RTS, the Johannesburg Stock Exchange, and India's BSE Ltd. and the National Stock Exchange of India..............................................Full Article: Source
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