B3, formally B3 S.A. - Brasil, Bolsa, Balcao, is Brazil's principal stock exchange, based in Sao Paulo. It traces its origin to the Sao Paulo Stock Exchange, founded on August 23, 1890, which merged with the Brazilian Mercantile and Futures Exchange in 2008 to form BM&FBOVESPA, and then merged again with the central securities depository CETIP on March 30, 2017 to create the present-day B3. As of February 2024 it carried a market capitalization of about 977 billion dollars, ranking twenty-third among the world's largest exchanges, and its benchmark Ibovespa index closed above 130,776 points in June 2021.
Facts
Founding YearSourced to the subject's own accountFounding of the exchange's own lineage predecessor, the Bolsa de Valores de Sao Paulo; the B3 name and current corporate structure date to a 2017 merger, per this entity's own description. Founding DateSourced to the subject's own accountFounding of the exchange's own lineage predecessor, the Bolsa de Valores de Sao Paulo; the B3 name and current corporate structure date to a 2017 merger, per this entity's own description. HeadquartersSourced to the subject's own account Classification
Institution SubtypeSourced to the subject's own account Geography
Country or Jurisdiction Served In the Other Atlases
Located In
Also in Geography Atlas: where this subject is located.
Sources
1. B3 (Brazil) (Wikipedia)
Wikipedialead paragraph, opening sentence
is a stock exchange located in Sao Paulo, Brazil
History section (founding), founding-year
Founded on August 23, 1890, by Emilio Rangel Pestana
History section (founding), founding-date
Founded on August 23, 1890, by Emilio Rangel Pestana
Introduction, institution-subtype
- Brasil, Bolsa, Balcao, is Brazil's principal stock exchange, based in Sao Paulo.
In Group: Stock Exchanges of the Americas, Lead paragraph
is a stock exchange located in São Paulo, Brazil, and the second oldest in the country.
View the Source 2. B3 (Brazil) (Wikipedia)
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.