"indexes: IBOVESPA: Total return index comprising the most representative companies in the market, both by market cap and traded volume. It is the benchmark index of São Paulo Stock Exchange. It is the oldest BOVESPA index, and it is being broadcast since 1968. IBRX 50: Also called Brasil 50, it comprises the 50 most traded equities at BOVESPA. IBRX: It has the same purpose of IBRX 50, but embracing the 100 most traded equities. IBRA: Brazil Broad-Based Index, it comprises a wider range of companies, aiming to embrace 99% of all companies already selected for any other exchange indexes. Its"
"the annual raking of the British newspaper ""The Times"", as the first university in South America. There is also a wide range of short courses, lectures, seminars, literary discussions and a several universities and cultural centers teaching from handicraft to technology. The São Paulo Stock Exchange (BM&F Bovespa) is Brazil's official stock and bonds exchange. The BM&F Bovespa is the largest stock exchange in Latin America and third largest in the world. In the Stock Exchange, R$6 billion (US$3.5 billion) change hands every day. If the Greater São Paulo were a country would be the thirty-third richest nation in the"
"Southern Hemisphere are São Paulo, where the Bovespa Index is headquartered, along with Sydney, home to the Australian Securities Exchange, Johannesburg, home to the Johannesburg Stock Exchange and Buenos Aires, headquarters of the Buenos Aires Stock Exchange, the oldest stock market in the Southern Hemisphere. Among the most developed nations in the Southern Hemisphere are Australia, with a nominal GDP per capita of US$51,850 and a Human Development Index of 0.939, the second highest in the world as of 2016. New Zealand is also well developed, with a nominal GDP per capita of US$38,385 and a Human Development Index of"
"Índice Bovespa The Bovespa Index () best known as Ibovespa is the benchmark index of about 60 stocks that are traded on the B3 (Bovespa: BOlsa de Valores do Estado de São PAulo). The index is composed by a theoretical portfolio with the stocks that accounted for 80% of the volume traded in the last 12 months and that were traded at least on 80% of the trading days. It's revised quarterly, in order to keep its representativeness of the volume traded and in average the components of Ibovespa represent 70% of the all the stock value traded. IBOVESPA is"
"Buenos Aires Stock Exchange The Buenos Aires Stock Exchange (BCBA; ) is the organization responsible for the operation of Argentina's primary stock exchange located at Buenos Aires CBD. Founded in 1854, is the successor of the ""Banco Mercantil"", created in 1822 by Bernardino Rivadavia. Citing BCBA's self-definition: ""It is a self-regulated non-profit civil association. At its Council sit representatives of all different sectors of Argentina's economy."" The most important index of the Stock market is the MERVAL (from ""MERcado de VALores"", ""stock market""), which includes the most important papers. Other indicators are ""Burcap"", ""Bolsa General"" and ""M.AR."", and currency indicators"
"collects information, take testimony and evidence in order to clearly the identify of the person responsible of illegal practices. If the CVM charges any individuals or companies they have full rights of defense in court. The CVM is responsible for regulating the BM&F Bovespa (São Paulo Stock Exchange) the largest stock exchange in South America and the 13th largest in the world (see list of stock exchanges) The CVM is headquartered in Rio de Janeiro and has two regional offices in São Paulo and Brasília. It is managed by a board composed of a Chairman and four commissioners, all appointed"
"On May 8, 2008, the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating ""BM&FBOVESPA"". Then at March 30, 2017, BM&FBOVESPA merged with CETIP, creating ""B3."" The benchmark indicator of B3 is the Índice Bovespa or commonly known as Ibovespa. There were 381 companies traded at Bovespa as of April 30, 2008. On May 20, 2008 the Ibovespa index reached its 10th consecutive record mark closing at 73,516 points, with a traded volume of US$4.2 billion or R$7.4 billion, and on August 17, 2011 the Ibovespa made its biggest traded volume in its history,"
"Índice Bursátil de Capitalización Índice Bursátil de Capitalización (IBC), also known as the General Index, is the main and most important index of Caracas Stock Exchange. It lists the 11 largest companies by capitalization and liquidity of the Venezuelan Stock Market. The index is calculated from 28 August 1997. When the index was launched on 28 August 1997, it comprised 15 companies: Cantv, Fondo de Valores Inmobiliarios, H.L. Boulton, Corimon, Manpa, Mercantil Servicios Financieros, Electricidad de Caracas, Banco Provincial, Venepal, Mantex, Sudamtex, Sivensa, Vencemos, Mavesa, and Banco Venezolano de Crédito. Mavesa is now a subsidiary of Empresas Polar. The Uruguayan-owned"
"Santiago Stock Exchange The Santiago Stock Exchange (SSE) (), founded on November 27, 1893, is Chile's dominant stock exchange, and the third largest stock exchange in Latin America, behind Brazil's BM&F Bovespa, and the Bolsa Mexicana de Valores in Mexico. On December 5, 2014, the Santiago Stock Exchange announced it was joining the United Nations Sustainable Stock Exchanges (SSE) initiative, becoming the 17th Partner Exchange of the initiative. The exchange trades in stocks, bonds, investment funds, stock options, futures, gold and silver coins minted by the Banco Central de Chile, and US dollars on Telepregón, its electronic platform. The only"
"the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F), creating the world's second largest stock exchange. As a result of an early 2008 stock swap, Chicago's CME Group owns a 5% stake in BM&FBovespa, and in turn, BM&FBovespa owns a 5% stake in CME Group. The agreement has also created an order routing trading system between both exchanges. On June 18, 2012, BM&FBovespa became a founding member of the United Nations Sustainable Stock Exchanges initiative on the eve of the United Nations Conference on Sustainable Development (Rio+20). On June 16, 2017, the Securities and Exchange"
"major international highway, completed in 2012, has linked Brazil with Peru via the Interoceanic Highway. It has economic benefits, but it also opens up areas of Amazonia to environmental degradation. Brazil has also funded a major upgrade of the Cuba port of Mariel, Cuba to handle large container ships. In 2016, Brazil's currency appreciated by 30% and their stock market, the Bovespa, returned 70%. Investors do not expect a similar rate of return in 2017 but they are expecting modest returns. The Ibovespa is the largest stock exchange in Latin America, so it is often used by investors to study"
"B3 (stock exchange) The B3 (in full, ""B3 - Brasil Bolsa Balcão S.A. or B3 - Brazil, Stock Exchange and Over-the-Counter Market)"", formerly BM&FBOVESPA, is a Stock Exchange located at São Paulo, Brazil and the second oldest of the country. At the end of 2011 it had a market capitalization of R$2.37 Trillion, making it the 13th largest stock exchange in the world. However, owing the slump in economic growth in Brazil associated with political problems, in addition to the strengthening of the U.S. Dollar vis-à-vis the Brazilian Real, the capitalization shrank to R$2.21 trillion by the end of 2015."
"to the Dow Jones Sustainability Index, to join companies tied to environmental, social and accountability goals. IFIX: Real State Investment Funds measure the listed REIT's return at BOVESPA. Unlike other indexes, it can be composed of OTC equities. BDRX: Unsponsored Brazilian Depositary Receipt Index reflects the valuation of those equities which are not freely distributed at the stock exchange but limited to qualified investors, as defined by Brazilian regulations. B3 (stock exchange) The B3 (in full, ""B3 - Brasil Bolsa Balcão S.A. or B3 - Brazil, Stock Exchange and Over-the-Counter Market)"", formerly BM&FBOVESPA, is a Stock Exchange located at São"
"GBM Chile. With the entry of Mexico into MILA, the integrated stock market now counts 798 issuers among the four countries, making it the biggest market by number of listed companies in Latin America, and the biggest in terms of market capitalization, according to the World Federation of Exchanges. The joint capitalization of the four bourses tops US$1.25 trillion, making it larger than the US$1.22 trillion BM&F Bovespa. Mercado Integrado Latinoamericano The Mercado Integrado Latinoamericano, more commonly known as MILA, is a program that integrates the stock exchange markets of Chile, Colombia, Mexico, and Peru. The three founding members are"
"GBM Mexico through GBM Chile. With the entry of Mexico into MILA, the integrated stock market now counts 798 issuers among the four countries, making it the biggest market by number of listed companies in Latin America, and the biggest in terms of market capitalization, according to the World Federation of Exchanges. The joint capitalization of the four bourses tops US$1.25 trillion, making it larger than the US$1.22 trillion BM&F Bovespa. The move comes largely as step in the integration efforts between Mexico, Chile, Colombia, and Peru, as members of the Pacific Alliance. BMV is now a public company following"
"a national stock markets crash in 1989, BVRJ lost the rank of main stock exchange in Latin America to São Paulo's Exchange. Since, BVRJ traded in government bonds and currencies on the electronic Sisbex system, with the trading hours being from 10 a.m. to 4:45 p.m. It was sold on April 11, 2002 to BM&F, which merged with Bovespa. It is now called the BM&FBovespa. Rio de Janeiro Stock Exchange The Rio de Janeiro Stock Exchange (Bolsa de Valores do Rio de Janeiro, or BVRJ) was Brazil's second largest exchange (after the Bovespa stock exchange in São Paulo), and was"
"of the GDP. Although undergoing a major overhaul, Brazil's financial services industry provides local businesses with a wide range of products and is attracting numerous new entrants, including U.S. financial firms. On 8 May 2008, the São Paulo Stock Exchange (Bovespa) and the São Paulo-based Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&F Bovespa, one of the largest stock exchanges in the world. Also, the previously monopolistic reinsurance sector is being opened up to third party companies. Proven mineral resources are extensive. Large iron and manganese reserves are important sources of industrial raw materials and export earnings. Deposits of"
"IBEX 35 The IBEX 35 (; ; contraction of ""Índice Bursátil Español"", literally Spanish Exchange Index) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which runs Spain's securities markets (including the Bolsa de Madrid). It is a market capitalization weighted index comprising the 35 most liquid Spanish stocks traded in the Madrid Stock Exchange General Index and is reviewed twice annually. Trading on options and futures contracts on the IBEX"
"with a volume of US$14.8 billion or R$23.7 billion. B3 also has offices in Rio de Janeiro, New York City, Shanghai, and London. Founded on August 23, 1890 by Emilio Rangel Pestana, the ""Bolsa de Valores de São Paulo"" (São Paulo Stock Exchange, in English) has had a long history of services provided to the stock market and the Brazilian economy. Until the mid-1960s, Bovespa and the other Brazilian stock markets were state-owned companies, tied with the Secretary of Finances of the states they belonged to, and brokers were appointed by the government. After the reforms of the national financial"
"La Paz Stock Exchange The La Paz Stock Exchange (also known as Bolsa Boliviana de Valores or BBV) is a stock exchange based in the city of La Paz, Bolivia. Founded in 1976, it did not start operating fully until 1989. It is the newest stock exchange in Latin America. The exchange offers trading of equities, indexes, gold and local commodities. The main agents of the idea that became the La Paz Stock Exchange were Ernesto Wende, Oscar Unemployed, Gastón Guillén, Gastón Mujía, José Crespo, Luis Ergueta, and Chirveches. The President of the Confederation of Private Employers of Bolivia (CEPB),"
"annually. The index was developed with a base level of 100 as of December 30, 1980. The Selective Stock Price Index (""Indice de Precios Selectivo de Acciones"", or IPSA) is composed of the 40 most heavily traded stocks and revised quarterly. The Inter-10 Index is a volume weighted index of the 10 main Chilean stocks listed in foreign markets through ADRs; its stocks are selected from the IPSA and is revised quarterly. Futures are traded on the IPSA and the U.S. dollar. Santiago Stock Exchange The Santiago Stock Exchange (SSE) (), founded on November 27, 1893, is Chile's dominant stock"
"MERVAL The MERVAL Index (""MERcado de VALores"", literally ""Stock Market"") is the most important index of the Buenos Aires Stock Exchange. It is a price-weighted index, calculated as the market value of a portfolio of stocks selected based on their market share, number of transactions and quotation price. The base of MERVAL is set at 30 June 1986 = 0.01 Argentine pesos. The corporations and weighted prices that compose MERVAL are updated every three months, based on their market share during the previous period. As of May 2017 the companies in it are Aluar (aluminium smelter), BBVA Banco Francés, Banco"
"Rio de Janeiro Stock Exchange The Rio de Janeiro Stock Exchange (Bolsa de Valores do Rio de Janeiro, or BVRJ) was Brazil's second largest exchange (after the Bovespa stock exchange in São Paulo), and was amongst the oldest of Brazilian stock exchanges. Its inauguration occurred in July 14, 1820, 3 years after the 1st Brazilian stock exchange inaugurated, the today inactive Salvador Exchange; and before the Brazilian Independence process began. <br> It was from its beginning through the early 1970s, the most important Brazilian Exchange. Following the 1971 markets crash's effects it slowly lost ground to São Paulo's Bovespa. After"
"Salvadoran Stock Exchange The Salvadoran Stock Exchange, Bolsa de Valores de El Salvador (BVES) is the stock exchange in the nation of El Salvador. The exchange is used for the securitization of various government infrastructure projects. The exchange was established in 1992. It is overseen by Central Securities Depository (CEDEVAL). The market grew from handling U.S. $600 million initially to more than U.S. $3 billion by 2006 and almost $6 billion by the end of 2011. Rolando Duarte was chief of the BVES as of 2013. In 2009 there were 34 companies trading on the exchange, the vast majority in"
"index on the back of capital increases or other corporate actions so as to ensure continuity. The formula can be adjusted to accommodate changes in index structure, such as the temporary suspension of companies pending news. , the following 35 companies make up the index: IBEX 35 The IBEX 35 (; ; contraction of ""Índice Bursátil Español"", literally Spanish Exchange Index) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which"
"Listing Committee of BM&F Bovespa, the Brazilian Stock Exchange, where he leads discussions about the access of mid-market companies to the stock market. In the international context, Gonçalves serves at governing bodies of EMPEA – the Global Emerging Markets Private Equity Association (member of the Advisory Council) and LAVCA – the Latin American Private Equity and Venture Capital Association (Board of Directors). Prior to this, Gonçalves built a solid career as corporate executive, including the leadership of two turnarounds of national segment leaders: in 1996, as CEO of Lacta, the number one chocolate producer in the country; and in 1990,"
"system and the stock market implemented in 1965/1966, Brazilian stock markets assumed a more institutional role. In 2007, the Exchange demutualized and became a for-profit company. Through self-regulation, Bovespa operates under the supervision of the Comissão de Valores Mobiliários (CVM), analogous to the American SEC. Since the 1960s, it has constantly evolved with the help of technology such as the introduction of computer-based systems, mobile phones and the internet. In 1972, Bovespa was the first Brazilian stock market to implement an automated system for the dissemination of information online and in real-time, through an ample network of computer terminals. At"
"Bancolombia which is also a NYSE listed company and Scadta today known as Avianca. Bogotá Stock Exchange remained as Colombia's only stock trading organization until the 1950s when Medellín created its own Stock Exchange. This was particularly useful for the coffee trade since Colombia's coffee market's original birthplace is the Department of Antioquia. Cali created its stock exchange in the mid-1970s. The main driving force of this stock exchanges was the economic growth it meant to their participants. However, the policy making of the original stock exchange and Colombia's Bank of the Republic (Similar to the United States Federal Reserve)"
"Internationally, Bradesco have one branch in New York and two in Grand Cayman, and banking or financial subsidiaries or affiliates in London, Luxembourg, Hong Kong, Buenos Aires, Grand Cayman, Tokyo and Mexico. Banco Bradesco is constantly expanding and has recently acquired Banco do Estado do Maranhão, Banco Mercantil de São Paulo, Banco Ibi S.A., and the Brazilian operations of Banco Bilbao Vizcaya Argentaria (BBVA), J.P. Morgan Fleming Asset Management, American Express and HSBC Brasil. Bradesco's stock is traded on BM&F Bovespa, where it is part of the Índice Bovespa. It is also listed on the New York Stock Exchange and"
"finance or insurance businesses. Salvadoran Stock Exchange The Salvadoran Stock Exchange, Bolsa de Valores de El Salvador (BVES) is the stock exchange in the nation of El Salvador. The exchange is used for the securitization of various government infrastructure projects. The exchange was established in 1992. It is overseen by Central Securities Depository (CEDEVAL). The market grew from handling U.S. $600 million initially to more than U.S. $3 billion by 2006 and almost $6 billion by the end of 2011. Rolando Duarte was chief of the BVES as of 2013. In 2009 there were 34 companies trading on the exchange,"
"S&P Latin America 40 The S&P Latin America 40 is a stock market index from Standard & Poor's. It tracks Latin American stocks. The S&P Latin America 40 is one of seven headline indices making up S&P Global 1200 and includes highly liquid securities from major economic sectors of Mexican and South American equity markets. Companies from Brazil, Chile, Colombia, Mexico and Peru are represented in this index. Representing approximately 70% of each country’s market capitalization, this index provides coverage of the large cap, liquid constituents of each key country in Latin America. The S&P Latin America 40 is maintained"
"S&P Latin America 40 The S&P Latin America 40 is a stock market index from Standard & Poor's. It tracks Latin American stocks. The S&P Latin America 40 is one of seven headline indices making up S&P Global 1200 and includes highly liquid securities from major economic sectors of Mexican and South American equity markets. Companies from Brazil, Chile, Colombia, Mexico and Peru are represented in this index. Representing approximately 70% of each country’s market capitalization, this index provides coverage of the large cap, liquid constituents of each key country in Latin America. The S&P Latin America 40 is maintained"
"Mexican Stock Exchange The Mexican Stock Exchange (), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores . It is the second largest stock exchange in Latin America, only after São Paulo based B3 in Brasil. It is also the fifth largest stock exchange in the Americas. The exchange platform is owned by BMV Group, which also owns the derivative exchange ""MexDer"" and the custody agency ""Indeval"". The BMV was created out of the merger of the three stock exchanges which formerly operated in"