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New Market Maker: BM&FBOVESPA Announces Market Maker For Options On Shares

Date 15/02/2017

BM&FBOVESPA announces Credit Suisse as the Market Maker for Options on Shares of Pão de Açúcar (PCAR4), Estácio (ESTC3), Itaú (ITUB4), Banco do Brasil Seguros (BBSE3), Cia Siderúrgica Nacional (CSNA3), Cyrela (CYRE3), Kroton (KROT3), Oi (OIBR3) and ETF Ishare Ibovespa (BOVA11). Of these securities, options on PCAR4 and ESTC3 are the only ones that now have a Market Maker at the Exchange after having spent a period without one.

Market Makers commit to the maintenance of regular and continuous buy and sell orders during the trading session, fostering liquidity in securities, facilitating trades and mitigating any artificial price movement of products.

Program’s parameters:

Ticker Name Spread # minimum
PCAR4 Pão de Açúcar BRL 0.10 1,000
ESTC3 Estácio BRL 0.05 2,000
ITUB4 Itaú BRL 0.07 2,000
BBSE3 Banco do Brasil Seguros BRL 0.05 2,000
CSNA3 Cia Siderúrgica Nacional BRL 0.05 4,500
CYRE3 Cyrela BRL 0.03 2,400 
KROT3 Kroton BRL 0.05 3,000
OIBR3 Oi BRL 0.05 4,000
BOVA11 ETF Ishare Ibovespa BRL 0.05

2,220


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