B3 (stock exchange)

Who / What

B3 S.A., known as Brazil Stock Exchange and Over‑the‑Counter Market, is a financial exchange operating in São Paulo, Brazil. It provides a marketplace for trading equities, derivatives, and other securities on a regulated and over‑the‑counter basis.

Background & History

Originally, the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged on May 8 2008 to form BM&FBOVESPA. In the next phase, on March 30 2017, BM&FBOVESPA merged with CETIP, resulting in the present‑day B3. Through these consolidations, B3 became Brazil’s second oldest stock exchange and the country’s largest financial marketplace.

Why Notable

B3 plays a pivotal role in the Brazilian financial system, providing the primary venue for capital raising, trading, and settlement across a variety of asset classes. Its evolution through successive mergers has created a unified platform that serves domestic and international investors alike. The exchange’s integrated operations facilitate transparency, liquidity, and market access, contributing significantly to Brazil’s economic development.

In the News

B3 currently operates several international offices—including in Rio de Janeiro, Shanghai, and London—underscoring its expanding global footprint. Recent developments focus on technological upgrades, increased regulatory compliance, and efforts to attract foreign capital in a competitive market landscape.

Key Facts

**Type:** Organization

**Also known as:**

BM&FBOVESPA

Bovespa (São Paulo Stock Exchange)

BM&F (Brazilian Mercantile and Futures Exchange)

**Founded / Born:** 2017 (following the 2008 merger that created BM&FBOVESPA)

**Key dates:**

- May 8 2008 – Merger of Bovespa and BM&F forming BM&FBOVESPA

- March 30 2017 – Merger with CETIP forming B3

**Geography:** Brazil – São Paulo; other offices in Rio de Janeiro, Shanghai, and London

**Affiliation:** Stock exchange; Over‑the‑Counter market; Financial Services industry

Links

[Wikipedia](https://en.wikipedia.org/wiki/B3_(stock_exchange))

Sources

• 🔗 Wikipedia

B3 S.A. – Brasil, Bolsa, Balcão (in English, B3 – Brazil Stock Exchange and Over-the-Counter Market), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest in the country. Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. On March 30, 2017, BM&FBOVESPA merged with CETIP, creating B3. It also has offices in Rio de Janeiro, Shanghai, and London.