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Nyse to create an stock exchange in Brazil

Published on Nov. 7, 2012

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The Euro-American company Nyse Euronext, who operates New York Stock Exchange (NYSE) with divisions located in Paris, Amsterdam, Brussels and Lisbon, announced its firmly intention to enter in the Brazilian market on Monday.

Nyse has signed an agreement with the Brazilian ATG to create an Stock Exchange called ATS, which will be located in Rio de Janeiro. Both companies will invest 100 million reais each, in order to start up the business by the end of 2013 or in early 2014. A goal has been set of achieving between 10% and 15% market share after a year.

Dominique Cerutti, Nyse CEO, stated that the Brazilian market has room for new players and this initiative won’t try to steal the ...

Brazil fights dollar’s devaluation

Published on Oct. 29, 2012

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Brazil is concerned about dollar’s value, since it is a reference for their own economy. The Brazilian Government set one dollar must be worth at least two reais.

However, this balance has been altered by the US Federal Reserve, who has been issuing dollars lately, and the Brazilian economy, strengthened over the last months.

In order to prevent the devaluation to continue, the Central Bank of Brazil announced that it would buy up to 1,500 million dollars though contracts maturing in December 2012 and January 2013.

Brazil will offer 30,000 inverse exchange rate swap contracts to help the dollar not to reach the limit previously established.

Google to cover Brazilian elections

Published on Oct. 6, 2012

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For the first time in Brazil, Internet users will be able to follow in real time the local elections to be held next Sunday.

At 5 p.m. on Sunday Google will offer an especial section in its website "Politics & Elections", where data on every regional candidates will be shown. The Supreme Electoral Court will provide the information, and, thanks to Google Maps, it will be displayed by states or by candidates and parties.
For the moment, the website offers videos and news related to the elections. In order to get an overview on how the service will work, it is worth to take a look at the website for the elections in Mexico.


Foreign markets are a new opportunity for small investors in Brazil

Published on Oct. 5, 2012

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Few years ago, investing abroad was an option only for large assets. The Brazilian banks are however starting to give an opportunity for small assets to acquire shares from funds investing in foreign markets. This means that investors holding at least 5,000 reais may purchase corporate debt and stock offers from multinational companies.

In the last three years, the number of funds investing abroad has gone from 90 to 237, and the sum of foreign investment has gone from 2,000 to 10,400 million reais.

The key factor of this change has been the sharp fall in domestic market interest rates. Although this fall made easier the access to credit and financing, it also made it less attractive ...

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