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What is BM&F Bovespa?

BM&F Bovespa

BM&F Bovespa is a Brazilian stock exchange with headquarters in São Paulo. It is one of the world’s biggest stock exchanges, with a market cap of $1.5 trillion.

Where have you heard about BM&F Bovespa?

According to Forbes, BM&F Bovespa is the 10th biggest stock exchange in the world. Its market performance is regularly reported in financial news.

Following Donald Trump winning the US Presidency in 2016, the BM&F Bovespa index, which had risen by 50% between January and October 2016, fell by 5.1%.

What you need to know about BM&F Bovespa.

BM&F Bovespa was created in 2008 after a merger between the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F). At the time, this merger created the world's second largest stock exchange.

The Brazilian stock exchange regulates transactions in the Brazilian capital markets, including the trading of equities, corporate and government bonds, commodities and foreign exchange.

It has a commercial agreement with Chicago's CME Group. Each stock exchange owns a 5% stake of the other and the partnership allows for cross listing of products.

BM&F Bovespa is a founding member of the United Nations Sustainable Stock Exchanges initiative. As well as its headquarters in São Paulo, BM&F Bovespa has international offices in London, New York and Shanghai.

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