Brazilian Stocks

Discussion in 'Trading' started by Joab, Jul 30, 2008.

  1. Joab

    Joab

    What's the best way to buy stocks listed on the Bovespa ????
     
  2. For foreigners, my guess would be adrs traded on nyse and nasdaq. For actual bovespa trading, I can recomend a few houses...
     
  3. Joab

    Joab

    Yes please .. and thanks
     
  4. EWZ. Bought some at 77.50 yesterday and will hold for a bit.
     
  5. Here is a fine list:

    http://www.halfeld.com.br/guia.htm

    Way too many to choose from. Agora is the most popular one but expensive. Tov is cheap and you can short stocks, Codepe is R$200/mo and you can trade unlimited shares. All of them have poor trading platforms but oh well it's an evolving biz...

    I have not tried any of them but been looking into opening an account and have asked friends in the biz that recommended these houses.