About BM&FBOVESPA

Companies Of BM&FBOVESPA

With the incorporation of BM&F and BOVESPA shares by BM&FBOVESPA, our corporate structure is now as follows:

BM&FBOVESPA S.A. - Bolsa de Valores Mercadorias e Futuros.  BM&FBOVESPA has as its main purpose the administration of organized securities and derivatives markets and offering trading, clearing and settlement services, acting as the central counterparty (CCP) of its markets.
BM&FBOVESPA offers a wide range of products, such as: equities, fixed income, spot foreign exchange and derivatives contracts indexed in interest rates, indices, currencies, commodities and single stocks; and services regarding listing of companies and other bond issuers, depository, securities lending and software licensing. This full range of products and services allows a vertically integrated business model.
Moreover, market surveillance and oversight activities are performed independently through Bovespa Supervisão de Mercados, or BSM.  

Banco BM&F de Serviços de Liquidação e Custódia S.A.  Organized in 2004 as a wholly owned subsidiary of BM&F in its former configuration, the BM&F Settlement Bank operates mainly to simplify the clearance and settlement of transactions traded and/or registered in our markets, in addition to serving an important function to mitigate credit risks while providing operational support.

BM&F USA Inc.  BM&F USA Inc. Is our office located in New York City. It offers support and infrastructure for commodity and derivatives brokers to operate and serve their foreign-based customers.  Our New York office manages relationships with other international regulatory authorities and entities, foreign governments and international exchanges, and performs other strategic and administrative activities, including the dissemination of information about our derivatives markets to international investors.

BM&F (USA) Inc. Shanghai Representative Office Is our representative office located in Shanghai, mainland. Our Shanghai office manages relationships with Chinese regulatory authorities and entities, government and exchanges, and performs other strategic and administrative activities.

BM&F Bovespa (UK) Ltd. Is our office located in London, UK. This office was opened in 2009 and has been promoting BM&FBOVESPA, its markets, products and services for Institutional investors in the EMEA. To this end the BM&F Bovespa (UK) Ltd liaise between the Institutions based in the EMEA and BM&FBOVESPA in Brazil. Our UK office manages relationships with other international regulatory authorities and entities, foreign governments and international exchanges, and performs other strategic and administrative activities.

Bolsa de Valores do Rio de Janeiro BVRJ is a private not-for-profit organization in which BM&FBOVESPA holds 99 membership shares, representing an 86.09% ownership interest.

Bolsa Brasileira de Mercadorias  BBM, the Brazilian Commodities Exchange, is a private mutualized organization in which BM&FBOVESPA holds 203 membership shares, representing an 50,12% ownership interest.  BBM centralizes commodities trading activities across Brazil, including in the states of Ceará, Goiás, Mato Grosso do Sul, Minas Gerais, Paraná, Rio Grande do Sul, and in the city of Uberlândia (state of Minas Gerais). The purpose of the Brazilian Commodities Exchange is to establish and develop integrated spot, forward and futures markets in Brazil for agricultural commodities by adopting modern pricing mechanisms and an organized trading system.