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CETIP SA - Mercados Organizados and IntercontinentalExchange Inc. Sign Electronic Platform Cooperation Agreement
CETIP SA - Mercados Organizados announced that it has signed agreement with IntercontinentalExchange Inc. (ICE) formalizing a partnership for the development and implementation of an electronic platform of the Company oriented towards the negotiation of fixed income instruments. According to the contract, the Company will be responsible for the strategy and orientation to adjust solutions to the Brazilian Market and ICE will be responsible for the development and viability of the system. The release of the platform is scheduled for the second half of 2012.
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