The Rio de Janeiro Stock Exchange (Bolsa de Valores do Rio de Janeiro, or BVRJ) was

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

's second largest exchange (after the

Bovespa 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 of the country. Its current form can be trac ...

stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for t ...

São Paulo São Paulo (, ; Portuguese for ' Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaW ...

), and was amongst the oldest of Brazilian stock exchanges. Its inauguration occurred on July 14, 1820, 3 years after the 1st Brazilian stock exchange inaugurated, the today inactive

Salvador Salvador, meaning " salvation" (or "saviour") in Catalan, Spanish, and Portuguese may refer to: * Salvador (name) Arts, entertainment, and media Music *Salvador (band), a Christian band that plays both English and Spanish music ** ''Salvador'' ( ...

Exchange; and before the

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process began. It was from its beginning through the early 1970s, the most important Brazilian Exchange. Following the 1971 markets crash's effects it slowly lost ground to São Paulo's Bovespa. After a national stock markets crash in 1989, BVRJ lost the rank of main stock exchange in

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to São Paulo's Exchange. Since, BVRJ traded in

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and

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on the electronic Sisbex system, with the trading hours being from 10 a.m. to 4:45 p.m. It was sold on April 11, 2002 to BM&F,source
/ref> which merged with Bovespa. It is now called the BM&FBovespa.

References

External links

Bolsa de Valores de Rio de Janeiro website
* Naji Nahas Article of Wikipedia in about the man who was the main character in the events that led to the breakdown of the Rio Stock Exchange in June, 1989

References

External links

See also