BM&FBOVESPA SA – Bolsa de Valores Mercadorias e Futuros said CME Group Inc. has fully liquidated its position as a shareholder of the Brazilian stock exchange operator.

Charles Carey, CME Group's representative on BM&FBOVESPA's board, resigned from that position on Jan. 20, according to a Jan. 27 press release.

However, the agreements between both companies will remain intact, and they "will seek to continue to cooperate strategically in product development, technology and other areas of mutual interest."