Brazilian Mercantile and Futures Exchange
São Paulo, Brazil
Abbreviation
BMF
Location
São Paulo, Brazil
Region
Americas
Group
B3
Product Types
Agricultural, Biofuels, Energy, Financial Derivatives
About Brazilian Mercantile and Futures Exchange
The Brazilian Mercantile and Futures Exchange (BM&F) was one of the world's largest derivatives exchanges, founded in São Paulo in 1983. In 2008, BM&F merged with the São Paulo Stock Exchange (Bovespa) to form BM&FBOVESPA. In 2017, it merged again with CETIP to create B3 (Brasil, Bolsa, Balcão) — now Latin America's largest financial exchange group by market capitalisation. B3 continues to operate commodity derivatives including sugar, arabica coffee, live cattle, ethanol, and gold contracts.
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