BM&F's IPO
The Brazilian Mercantile & Futures Exchange-BM&F SA ended its Initial Public Offering (IPO) process with the participation of 260,946 investors. All of the 299,184,846 common shares offered to the market were sold. This figure includes 39.02 million common shares to cover over-allotments. The IPO generated BRL5.983 billion, absorbed in its totality by the selling shareholders. A total of 253,707 individual investors participated in the IPO, acquiring 28.56 million shares. The greatest volume of shares - 231.43 million - was purchased by 806 qualified institutional buyers. The end of the IPO process resulted in a free float of 33.2% of BM&F's common shares.
The Brazilian Mercantile & Futures Exchange celebrated its listing on São Paulo Stock Exchange (BOVESPA)'s Novo Mercado on Friday, November 30, under the BMEF3 ticker. At the opening bell, the shares were priced at BRL25.00, compared to the initial IPO price of BRL20.00, and closed the first trading session at BRL24.40.
Categories
exchangesTags
0 TrackBacks
Listed below are links to blogs that reference this entry: BM&F's IPO.
TrackBack URL for this entry: http://www.commoditytrader.com/cgi-bin/ct_mt/mt-tb.cgi/769
CT Newsletter
Recent Posts
- Golden Volatility
- Whitehall Investment Management Futures Market Summary
- Are the $ Correlations Back?
- Coffee Futures Mired in Solid Price Downtrend
- March Forward or Backward?
- Crude Oil Hits Ceiling in Week as Hedge Funds Attack Euro
- Treasuries Still Running
- Month End Window Dressing
- Weekly Precious Metal Report
- Whitehall Investment Management Futures Market Summary
Tag Cloud
- Advisory Services
- Australian Dollar
- bailout
- Baltic Dry Index
- Bank of England
- Barron's
- Beige Book
- Ben Bernanke
- Biofuels
- BM&F
- BOC
- Bollinger band
- Bollinger bands
- Bond market
- Bonds
- bonds
- Brazil
- Bund
- camelina
- carbon credits
- cattle
- CBOT
- CCI
- Central bank
- Charlie McVean
- Chicago Board of Trade
- Chicago Mercantile Exchange
- China
- Citigroup
- CME
- cocoa futures
- coffee
- Comex
- commentary
- commodities
- Commodities and Futures
- Commodity Trader
- Commodity Trading Advisors
- contango
- copper
- Corn
- corn futures
- COT
- cotton futures
- CPI
- CRB
- crude oil
- DOE
- Dollar
- Dow
- Dubai
- DX
- ECB
- economic stimulus
- economics
- EIA
- Electric power
- Electricity generation
- equities
- ETF
- Euro
- European Central Bank
- Exchange-traded fund
- exchanges
- FASB
- Federal Open Market Committee
- Federal Reserve
- Federal Reserve System
- feeder cattle
- Fibonnacci
- FOMC
- Foreign exchange market
- Forex
- forex
- futures
- Futures contract
- Futures exchange
- Gann angles
- gasoline
- GDP
- GLOBEX
- gold bullion
- gold futures
- grain futures
- heating oil
- hedge funds
- Ichimoku Cloud
- Ichimuko clouds
- IMF
- IMF Bullion
- Index Arbitrage
- Inflation
- inflation
- International Monetary Fund
- International Swaps and Derivatives Association
- Investing
- ISM
- KCBOT
- Krugman
- lean hogs
- liquidity
- lumber
- MACD
- McClellan oscillators
- media
- Mutual fund
- Myron Scholes
- NASDAQ
- NASDAQ 100
- natural gas
- New York Mercantile
- New York Mercantile Exchange
- NFP
- Nuclear
- Nuclear power
- Nuclear reactor technology
- OPEC
- open-out-cry
- options
- orange juice
- Paul Krugman
- pension funds
- Petroleum
- PPI
- RBA
- RBOB
- rice
- Robert C. Merton
- RSI
- Russell 2000
- S&P 500
- S&P 500
- silver futures
- soybean futures
- soybean oil
- stagflation
- Stanley Fischer
- stochastic indicator
- Stock market index
- Stocks and Bonds
- sugar
- sugar futures
- Swiss Franc
- T-Bond Futures
- TARP
- Thomas DeMark
- traders forum
- Treasury Note
- U.S Dollar
- U.S. Dollar
- U.S. Dollar Index
- U.S. T-Bond
- U.S. T-Bonds
- U.S. T-Note
- U.S. Treasury
- U.S. Treasury security
- US Dollar
- US Dollar Index
- US Securities and Exchange Commission
- USDA
- USDA crop report
- VIX
- volatility
- Volatility
- W.D. Gann
- wheat futures
Subscribe to this Feed
Leave a comment