Sao Paulo Stock Market

The Sao Paulo stock market is based in Sao Paulo, Brazil and is one of the largest stock exchanges in the world. As the largest exchange in Latin America, the Sao Paulo stock market accounts for almost 70% of the trade volume in the region. As of the end of 2007, the Sao Paulo stock market listed 449 companies traded. May 2008 recorded a traded volume of 4.2 billion US dollars. The total market capitalisation of the Sao Paulo stock market at the end of May 2008 was approximately 1.5 trillion US dollars.

The trading hours at the Sao Paulo stock market differ depending on the type of trade and the kind of trading system used. Some of the most commonly used platforms in the Sao Paulo stock market are the After Market Trading Session, Over the Counter Market and the MEGA BOLSA electronic trading system. Another platform used for trade is the Home Broker system, which also makes use of the MEGA BOLSA. The Home Broker system was designed to attract individual investors to the market. Trading value, trading volume and the number of users have all increased since the Home Broker system was first introduced in the Sao Paulo stock market. The main indexes used by the Sao Paulo stock market are the Bovespa Index (Ibovespa) and the Brazil Index (IBrX).