Auction Room was the heart of Bolsa Oficial de Café. There was the scenario for its main reason d’être: coffee negotiation mediated by correctors.
In peak of its working, tradings marked the rhythm in Praça de Santos: trains arrived from Sao Paulo with great coffee tradesmen just in time for beginning of trading.
Within trading, only Official Brokers were allowed. These Bolsa Brokers couldn’t be attorney from any specific company. For that reason, many brokerage offices had their own “Bolsa broker”. They were titled directly by State after compliance of several bureaucratic requirements and payment of fiancé in cash. Some old brokers said that this fiancé was equal to a property amount.
Not only those directly involved in trading went toward to Bolsa de Café, but everyone who wanted to follow the possible market orientation named by some of them as ‘frog’.