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Brazilian securities-market operator BM&FBovespa SA said on Wednesday it plans to cut its 2014 spending plan to a range of 585 million to 595 million reais ($245 million to $250 million) from 595 million to 615 million reais, the BM&FBovespa said in a securities filing on Wednesday.
The cuts will not change the BM&FBovespa's planned 2014 capital investments of 230 million reais to 260 million reais. Its 2015 capital investment plan remains unchanged at 190 million reais to 220 million reais.
$1 = 2.3830 Brazilian reais Editing by Ken Wills