BM&FBOVESPA is the main stock exchange in Brazil, located in São Paulo. It was formed in 2017 through the merger of the Bovespa stock exchange and the BM&F, which specialized in commodities and futures trading. The exchange facilitates the buying and selling of various financial assets, including stocks, bonds, and derivatives. As a key player in the Latin American financial market, BM&FBOVESPA provides a platform for companies to raise capital and for investors to trade securities. It plays a crucial role in the Brazilian economy by promoting transparency and liquidity in financial transactions.