Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 98,501.69 -381.21

BM&FBOVESPA: New Trading Hours – BOVESPA Market Segment

Date 05/03/2009

In view of the end of daylight saving time in Brazil and the beginning of daylight saving time in the United States , as of March 9, 2009 the equity electronic trading floor at BM&FBOVESPA will operate, uninterruptedly, from 10 a .m. to 5 p.m. (Brasília time). The after-market will operate from 5:30 a.m. to 7:00 p.m. (Brasília time).

The new trading hours for the BOVESPA market segment, as of 03/09/2009, are as follows:

Regular Session

  • 9:45 a.m. – 10:00 a.m. – pre-opening fixing – input of orders for the calculation of the theoretical opening price;
  • 10:00 a.m. – 5:00 p.m. – continuous trading session – for all listed securities;
  • 4:55 p.m. – 5:00 p.m. – closing call – for all the shares composing BM&FBOVESPA indexes and for the options series of underlying shares which comprise the IBrX-100 theoretical portfolio.

After-Market

  • 5:30 p.m. – 5:45 p.m. – pre-opening phase;
  • 5:45 p.m. – 7:00 p.m. – trading phase.

Blocking /Exercise on the Stock Options Market:

a) Days prior to expiration:

  • 10:00 a.m. – 4:00 p.m. – blocking and exercise.

b) Expiration date:

  • 10:00 a.m. – 11:00 a.m. – blocking only;
  • 11:00 a.m. – 1:00 p.m. – exercise and blocking.

Blocking/Exercise on the Index Options Market:

a) Days prior to expiration:

  • 10:00 a.m. – 1:00 p.m. – blocking and exercise.

b) Expiration date:

  • 10:00 a.m. – 1:00 p.m. – blocking only;
  • 1:00 p.m. – 5:00 p.m – exercise and blocking.

Trade corrections:

  • until 7:00 p.m.

Over-the-Counter Market

  • 9:45 a.m. – 10:00 a.m. – pre-opening fixing;
  • 10:00 a.m. – 5:00 p.m. – continuous trading session.