Bolsa de Valores, Mercadorias e Futuros Announces Executive Changes
June 05, 2016
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Bolsa de Valores, Mercadorias e Futuros announced that Eduardo Refinetti Guardia, Chief Product Officer, has announced his decision to leave the company as of June 13, 2016. The functions of Chief Product Officer will be temporarily exercised by Cicero Augusto Vieira Neto, Chief Operating Officer.
B3 SA Brasil Bolsa Balcao, formerly BM&F Bovespa SA Bolsa de Valores Mercadorias e Futuros, is a Brazil-based financial market infrastructure provider. The Company's service offerings range from exchange trading, clearing and other post-trading services to registration of over-the-counter (OTC) transactions. The Company also provides a listing service and acts as central securities depository (CSD). It develops software solutions and offers index licensing services. Its business is divided into four segments: Bovespa, which covers trading, clearing and settlement of equities and equity derivatives; BM&F, which covers trading, clearing and settlement of financial and commodities derivatives; Cetip Securities (Cetip UTVM), covering registration, clearing, settlement and custody systems for fixed-income securities and OTC derivatives, and Cetip Financing (Cetip UFIN), which provides an integrated private electronic system for registration of vehicle and real estate loans.