The Bovespa, officially known as the B3 (Brasil Bolsa Balcão), is the main stock exchange in Brazil. Located in São Paulo, it serves as a platform for buying and selling shares of publicly traded companies. The exchange plays a crucial role in the Brazilian economy by facilitating investment and providing companies with access to capital. Founded in 1890, the Bovespa has grown to become one of the largest stock exchanges in the world. It lists a variety of financial instruments, including stocks, bonds, and derivatives, allowing investors to diversify their portfolios and manage risk effectively.