The Rio de Janeiro Stock Exchange (Bolsa de Valores do Rio de Janeiro, or BVRJ) is Brazil

Brazil

Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

's second largest exchange after the Bovespa

Bovespa

The BM&FBOVESPA is a stock exchange located at São Paulo, Brazil. As of December 31, 2010 it had a market capitalization of US $1.54 Trillion, making it one of the largest in the world. On May 8, 2008, the São Paulo Stock Exchange and the Brazilian Mercantile and Futures Exchange merged,...

 stock exchange

Stock exchange

A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...

 in São Paulo

São Paulo

São Paulo is the largest city in Brazil, the largest city in the southern hemisphere and South America, and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second-most populous metropolitan area in the Americas and among...

, and the oldest of Brazilian stock exchanges in activity. Its inauguration occurred in July 14, 1820, 3 years after the 1st Brazilian stock exchange inaugurated, the today inative Salvador

Salvador, Bahia

Salvador is the largest city on the northeast coast of Brazil and the capital of the Northeastern Brazilian state of Bahia. Salvador is also known as Brazil's capital of happiness due to its easygoing population and countless popular outdoor parties, including its street carnival. The first...

 Exchange; and before the Brazilian Independence process began.

It was from its beginning through the early 1970s, the most important Brazilian Exchange. Following the 1971 markets crash

Stock market crash

A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors...

's effects, little by little has been losing ground for the Bovespa. Having, after a national market stock markets crash in 1989, lost definitively the rank as the main stock exchange of the country and Latin America

Latin America

Latin America is a region of the Americas where Romance languages  – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...

, for the São Paulo's Exchange. Since, BVRJ having been trading in government bonds and currencies on the electronic Sisbex system, with the trading hours being from 10 a.m. to 4:45 p.m. It was sold on April 11, 2002 to BM&F.

See also

• List of stock exchanges
• Bovespa
  Bovespa
  The BM&FBOVESPA is a stock exchange located at São Paulo, Brazil. As of December 31, 2010 it had a market capitalization of US $1.54 Trillion, making it one of the largest in the world. On May 8, 2008, the São Paulo Stock Exchange and the Brazilian Mercantile and Futures Exchange merged,...
  
   (State of São Paulo Stock Exchange)
• Brazilian Mercantile and Futures Exchange (BM&F)
• Maringá
  Maringá
  Maringá is a city in southern Brazil that was founded on May 10, 1947. Maringá is the third largest city in the state of Paraná. The city has a population of 357,117 , 612,617 in its metropolitan area...
  
   Mercantile and Futures Exchange

External links

• Bolsa de Valores de Rio de Janeiro website
• | Rio Stock Exchange a broader and detailed article of the Wikipedia in
• Naji Nahas Article of Wikipedia in about the man who was the main character in the events that led to the breakdown of the Rio Stock Exchange in June, 1989