Monday, October 29, 2007

Bovespa IPO in Brazil

The Brazilian stock exchange raised close to 4 billion this week. New Technology and modernization is expanding world markets.Like the [NYX] Trading dollar volume has gone from 310m USD to 2.4b in 5 years. Brazil is creating a retail stock ownership society. Bolsa de Mercadoria & Futuros BM&F is the futures market.Chicago Merc[CME]swapped out 2% for 10% of this Red hot market. Deal valued around 700m
Formats available: Quicktime (.mov)

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