Image by : BM&FBovespa
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BM&F Bovespa
Founded: 1980
Owner: BM&FBovespa
Address: Praca Antonio Prado, 48 Centro, Sao Paulo
Market capitalisation: R$21.14 billion
In 2008, the Sao Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile Futures Exchange (BM&F) combined to form BM&FBovespa. Until the 1960s, Bovespa and other Brazilian stock markets were owned by the government and brokers too were state-appointed. It was only in 2007, that Bovespa became a for-profit establishment