BM&FBOVESPA S.A. BOLSA DE VALORES, MERCADORIAS E FUTUROS
Taxpayer ID (CNPJ) No. 09.346.601/0001-25
State Registration (NIRE) 35.300.351.452
NOTICE TO THE MARKET
Clarification on news report published on June 13, 2013.
Pursuant to a request for clarification referenced GAE-2669-13, the Issuer Supervisory
Department of BM&FBOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros
("BM&FBOVESPA" or "Company"), acting within the scope of a certain Cooperation
Agreement executed with the Brazilian Securities Commission (Comissão de Valores
Mobiliários), or CVM, requests us to clarify a news report published in the Valor
Econômico newspaper, issue dated June 13, 2013, under the headline "BM&F expects
savings worth R$500 million from unification" (BM&F prevê economia de R$ 500 mi
We clarify the reference to R$500 million worth of daily savings is an estimate related
to financial value settled. The integration of our post-trade services will allow for the
unification of settlement windows for transactions carried out on equities, derivatives,
fixed income and forex markets, such that market participant net payables and
receivables from trading in each of these markets can be offset, thus delivering greater
Accordingly, we clarify the reference to savings in the relevant news report is not
related in any way to BM&FBOVESPA's expenses.
Furthermore, we clarify the integration of our post-trade services is an ongoing project
still in the development stage, and the actual start of operations is pending approval
from the regulators.
São Paulo, June 14, 2013.
Eduardo Refinetti Guardia
Chief Product and Investor Relations Officer