Settlement Methods: Brazil (BR)

The next table outlines the validation methods for this market.

Method EQU Corp FI Govt FI MM Unsp You Must Populate Notes
BOVESPA X       X
  • A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
  • ID 2 (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
  • Local Agent BIC
 The label for A/C# @ Depository (ID 1) is Non-taxable BOVESPA/CBLC#.
The label for ID 2 is CVM#.
The label for ID3 is CNPJ#.
The label for ID4 is Taxable BOVESPA/CBLC#.
The label for ID5 is Taxable A/C# @ Local Agent.
The label for A/C# @ Local Agent is Non-Taxable A/C# @ Local Agent.
CETIP   X X   X
  • A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
  • ID 2 (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
  • Local Agent BIC
 The label for ID 2 is CVM#.
The label for ID 3 is CNPJ#.
SELIC   X X   X
  • A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
  • ID 2 (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
  • Local Agent BIC

The label for ID 2 is CVM#.

The label for ID 3 is CNPJ#.

Key to securities columns:

EQU=Equities; Corp FI=Corporate Fixed Income; Govt FI=Government Fixed Income; MM=Money Market; Unsp = Unspecified