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 |