Brazil’s BM&FBOVESPA Reports Mixed Results for 2016

[kreslik.news]

Brazil’s largest exchange, BM&FBOVESPA, today reported its operating metrics for the fiscal year ending December 31, 2016, which saw a large retreat across its aggregated revenues, according to a corporate statement.

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During 2016, BM&FBOVESPA reported its total revenues of just R$2.57 billion ($831 million), which represents a growth of 4.8 percent year-on-year from R$2.45 billion ($792 million) in 2015. However looking at the revenues from trading, clearing and settlement (BM&F segment), the figure in 2016 came in at R$1.05 billion ($339 million), having fallen ... (read more)