A5X partners with MSCI to develop derivative products in Brazil

A5X, a prospective Brazilian derivatives exchange, has announced a partnership with MSCI to develop financial products linked to both national and international market indices. The agreement aims to provide investors with access to instruments tied to the MSCI index family, which tracks performance across developed and emerging markets, offering an alternative to traditional Brazilian indicators like the Ibovespa.

Details regarding specific products and launch schedules are expected to be released within the next six months. A5X plans to begin operations for its derivatives exchange and its own clearing and settlement house in the first half of 2027. The company is utilizing technology from the London Stock Exchange Group (LSEG) to build its infrastructure.

This move is part of a broader strategy to challenge the current market concentration held by B3. A5X previously secured 360 million reais in an investment round led by Morgan Stanley, Goldman Sachs, and Kaszek Ventures, valuing the company at 2.7 billion reais prior to the start of its activities.