Brazilian exchange seen gaining listing revenue from Nasdaq deal

A partnership between Nasdaq OMX and Sao Paulo-based BM&F Bovespa is likely to be far more favourable to the Brazilian exchange operator, helping to bolster its revenue from listing fees.

But the planned link-up could also give Nasdaq OMX the chance to sell its market technology to BM&F Bovespa, and represents a broader push to ink similar deals around the world.

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