Author Name: Edemir Pinto, CEO, BM&FBOVESPA
1. Could you give us an overview of your exchange?
BM&FBOVESPA, with its vertically integrated model, is a complete exchange in terms of products and infrastructure, as a result of a merger on May 2008 between BOVESPA (the São Paulo Stock Exchange, founded in 1890) and BM&F (the Commodity & Futures Exchange, founded in 1986). It offers a diversified array of products and services ranging from trading in equities and derivatives to all stages of post-trade activities including clearing, settlement and depositary services, always at the beneficial owner level.