Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

BOVESPA's Trading Hours Will Change As Of Next Monday, October 17

Date 11/10/2005

BOVESPA's Trading Hours will change as of October 17, 2005 due to the Brazilian Daylight Saving Time.

The Mega Bolsa Trading System will operate on a continuous session from 11:00 a.m. to 6:00 p.m. – according to the following schedule:

  • From 10:45 a.m. to 11:00 a.m. - pre-opening fixing - input of orders for the calculation of the theoretical opening price;
  • From 6:00 p.m. to 6:05 p.m. - closing call – for all the stocks traded on the cash market of the floor and for the stocks that comprise the portfolio of the BOVESPA index and IBrX-100.

The After-Market trading session will work from 6:45 p.m. to 7:30 p.m. , whereas the After Market's pre-opening (period for cancellation of bids and asks introduced in the regular trading session) will be from 6:30 p.m. to 6:45 p.m.

The schedule for Options market blocking and exercise will also be changed:

  • Equity Options Blocking/Exercise
    On pre-expiration dates - from 11:00 a.m. to 5:00 p.m. - blocking and exercise.
    On expiration dates - from 11:00 a.m. to 12:00 a.m. - only blocking / from 12:00 a.m. to 02:00 p.m. - exercise and blocking.

  • Index Options Blocking/Exercise:
    On pre-expiration dates - from 11:00 a.m. to 02:00 p.m. - blocking and exercise.
    On expiration dates - from 11:00 a.m. to 02:00 p.m. - only blocking / from 02:00 p.m. to 6:00 p.m. - exercise and blocking.

Note: The Period for correction of transactions will be up to 7:30 p.m.

Finally, we inform that Brazil time will be on GMT –04:00 during the Daylight Saving Time.