[6] Founded on August 23, 1890, by Emilio Rangel Pestana, the "Bolsa de Valores de São Paulo" (São Paulo Stock Exchange, in English) has had a long history of services provided to the stock market and the Brazilian economy.

Until the mid-1960s, Bovespa and the other Brazilian stock markets were state-owned companies, tied with the Secretary of Finances of the states they belonged to, and brokers were appointed by the government.

[7] Through self-regulation, Bovespa operates under the supervision of the Comissão de Valores Mobiliários (CVM), analogous to the American SEC.

In 1972, Bovespa was the first Brazilian stock market to implement an automated system for the dissemination of information online and in real-time, through an ample network of computer terminals.

The set of protections entailed by a Novo Mercado listing is apparently deemed by market participants to increase the attractiveness of companies.

The recent success of the Brazilian equity capital markets is attributed to a significant extent to the credibility engendered by the Novo Mercado regulations.

[8] Brazilian multinational companies have used the proceeds of equity offerings to fund a growing number of international acquisitions.

The merger of Cetip S.A. – Mercados Organizados into B3 S.A. – Brasil, Bolsa, Balcão was approved both at the Extraordinary Shareholders Meeting held on June 14, 2017, and by CVM, and that the action shall occur on July 3, 2017.

It is important to note that "classified" preferred stocks (A, B, C, D and furthermore) do not have an implicit meaning, i.e., each issuer may attribute different rights and restrictions for a given class.

Here are some examples (please note some equities listed here, such as subscription rights, do not exist anymore due to its own finite nature.