BM&F Bovespa

BM&FBOVESPA S.A. — Securities, Commodities & Futures Exchange is one of the largest exchanges in the world by market capitalization and the leader in Latin America.

As the main institution for the intermediation of transactions in the Brazilian capital markets, the company develops, implements and provides systems for the trading of equities and equity derivatives, financial derivatives, corporate and government bonds, agricultural commodities and spot foreign exchange.

Through its platforms it performs registration, clearing and settlement of the securities traded in its environments, as well as listing stocks and other assets. It also acts as the central depository for the assets traded in its markets and licenses software and indices.

BM&FBOVESPA also performs risk control and management on a beneficial owner basis and has a robust Clearinghouse structure that assures the efficient and secure functioning of its markets.

BM&FBOVESPA is the only securities, commodities and futures exchange in operation in Brazil. It actively promotes the capital markets through innovation and product development and education programs for the population. It also manages social investments focusing on the development of communities that relate to its universe.

Created in 2008 with the integration between BM&F and BOVESPA, BM&FBOVESPA is a public company and trades under the ticker symbol BVMF3 on the Novo Mercado special listing segment for companies committed to best practice in corporate governance. It is also part of the Ibovespa, IBrX-50, IBrX and ITAG indices, among others.

With headquarters in the city of São Paulo, BM&FBOVESPA has representative offices in New York, London and Shanghai to support participants in activities with local customers and relations with regulators, and to disseminate its products and governance practices to potential investors.

History

BM&FBOVESPA was founded in May 2008 with the integration between BM&F, Brazil’s main derivatives exchange, and BOVESPA, the stock exchange. It is now the only securities exchange in Brazil. It is also the provider of central counterparty and securities custody services. In addition, BM&FBOVESPA ranks among the world’s leading exchanges by market capitalization and second in the Americas (August 2012).

The history of BM&FBOVESPA and of the Brazilian exchange industry have been closely linked from the very beginning.

To find out more, read the sections below.