•  Executive Summary 247Kb

1.  The Securities Markets 82Kb

1.1 The International Share and Bond Markets 667Kb 
1.2 The Derivatives Markets 242Kb
1.3 Investment Funds 362Kb

2. The Portuguese Securities Market 99Kb

2.1 Global Trend of Securities Market as Destination for Investment 545Kb
2.2 Widespread Trend of Securities Market as a Source of Funding 373Kb
2.3 Securities Issuance 193Kb
2.4 The Secondary Market 935Kb 
2.5 Financial Intermediation 419Kb
2.6 Asset Management 450Kb 
2.7 Registration and Authorisation 256Kb

3.  Supervison and Regulation 127Kb

          3.1 The Integrity, Reliability and Protection of the Securities Market 752Kb
          3.2 Competitiveness and Drive of the Portuguese Financial Market 543Kb 
          3.3 Protection of Investors as Savers and Consumers of Financial Services 367Kb 
          3.4 CMVM's Activity and the 2006-2010 Action Plan 184Kb 
          3.5 Future Developments 154Kb

Appendix to the Annual Report

• Legislation published in 2008 on the Securities Market 255Kb
• Publications 136Kb
• Main Documents Disclosed by International Organisations 258Kb
• Statistics 1411Kb

2008 Annual Report - Unabridged Version 4964Kb