Sao Paolo Stock Exchange (SAO) .SA

DEFINITION of 'Sao Paolo Stock Exchange (SAO) .SA'

Based in Sao Paolo, Brazil, this exchange has the fourth-largest market cap in all of the Americas and the 13th largest in the world. It is also known as the BM&F Bovespa. The main index of this exchange is the Indice Bovespa.

BREAKING DOWN 'Sao Paolo Stock Exchange (SAO) .SA'

The Sao Paolo Exchange, formerly known as the Bovespa, merged with the Brazil Mercantile and Futures Exchange in 2008 to create the BM&F Bovespa Exchange. As of April 30, 2008, 450 companies traded on the exchange. The original exchange was founded in 1890.

RELATED TERMS
  1. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  2. Currency Exchange

    A business that allows customers to exchange one currency for ...
  3. Regional Stock Exchange

    A place outside of a country's primary financial center where ...
  4. Shanghai Stock Exchange

    The largest stock exchange in mainland China, the Shanghai Stock ...
  5. Graduated Security

    An equity security that has moved its listing from one stock ...
  6. National Stock Exchange

    The first stock exchange in America that was completely electronically ...
Related Articles
  1. ETFs & Mutual Funds

    Investing In Brazil 101

    Brazil is well positioned for future growth, and luckily for investors, it also has a very liberal investing climate.
  2. Investing

    What's an Exchange?

    An exchange is an organized marketplace where securities and other financial instruments are traded.
  3. Markets

    Stock Exchanges: A Global Tour

    Check out the history and inner workings of the world's six most well-known stock exchanges.
  4. Markets

    Macroeconomics: Currency

    By Stephen Simpson For citizens of different countries to conduct trade, they have to buy and sell each other's currencies. The price of a nation's currency, expressed as an amount of a second ...
  5. Investing

    Explaining Foreign Exchange Risk

    Foreign exchange risk is the chance that an investment’s value will decrease due to changes in currency exchange rates.
  6. Investing

    Explaining Fixed Exchange Rates

    A government using a fixed exchange rate has linked the value of its currency to the value of another country’s currency, or the price of gold.
  7. Investing

    The NYSE And Nasdaq: How They Work

    Learn some of the important differences in the way these exchanges operate and the securities that trade on them.
  8. Markets

    Fundamentals Of How Brazil Makes Its Money

    While it has an abundance of resources, including people, Brazil needs to begin to refocus its management and development strategies.
  9. Investing

    5 Live Bitcoin Exchanges

    Learn about five of the largest bitcoin exchanges operating around the world in 2015, and discover the issues these exchanges are facing.
  10. Markets

    3 Economic Challenges Brazil Faces in 2016

    Learn why Brazil's economy is in a perfect storm of trouble, and understand why the storm will continue through 2016 or longer if changes are not made.
RELATED FAQS
  1. What are the most common market indicators to follow the Brazilian stock market and ...

    Understand what primary indicators analysts use in order to track the Brazilian stock market and follow economic conditions ... Read Answer >>
  2. What are all of the securities markets in the U.S.A?

    There are three major U.S. financial securities markets which are: New York Stock Exchange (NYSE): NYSE is a stock exchange ... Read Answer >>
  3. How does a company switch from one stock exchange to another?

    A publicly traded company can, in fact, switch to a stock exchange that it believes will be favorable to its financing efforts. ... Read Answer >>
  4. Can stocks be traded on more than one exchange, such as, for example, on both the ...

    A stock can trade on any exchange on which it is listed. And to be listed it must meet all of the exchange's listing requirements ... Read Answer >>
  5. Why are traders on the floor of the exchange?

    Before the advent of electronic trading platforms, the floor of the stock exchange was the location for market transactions ... Read Answer >>
  6. What are the rules behind the delisting of a stock?

    The criteria to remain listed on an exchange differs from one exchange to another. On the New York Stock Exchange (NYSE), ... Read Answer >>
Hot Definitions
  1. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  2. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  3. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  4. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  5. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  6. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
Trading Center