Q3 2023 B3 SA Brasil Bolsa Balcao Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the audio conference call of B3's earnings results for the third quarter of 2023. (Operator Instructions) As a reminder, this conference is being recorded and broadcasted live via webcast. The replay will be available after the event is concluded. I would now like to turn the conference over to Andre Milanez, B3 CFO, who will be joined by Fernando Campos, Investor Relations Associate Director. Please go ahead.
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Thank you. Good morning, everyone, and thanks for joining our call for the third quarter results. I'll start with a few remarks about the quarter. So we had a quarter where we finally saw the beginning of the easing cycle here in Brazil with 2 rate cuts that took place during the quarter and after the quarter, more recently, a third cut that was done to the interest rates. But as we have been saying that that's the beginning,
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