B3

RCL Upgrade

B3's new club registration system offers greater agility and autonomy to administrators.

Commodities

Margin Netting between Commodity Futures and Options

Futures and Options margins for the same commodity will be integrated into a single consolidated margin.

Interest rate and currencies e Derivatives

DI1, DII and DIF - Tick Size Change for Contracts with Maturities over 5 Years

B3 reduces the tick size for long DI1 maturities from 0.01% to 0.005%.

OTC

Remote Voting (OTC Funds)

CI.CORP now covers electronic shareholder meetings of funds registered or deposited through the OTC market with direct vote by B3 investors.

Interest rate and currencies

Implied Project

The Implied Project will boost liquidity and improve product execution costs, besides reducing fees.

Securities Lending

Unified Rate and Outlier Treatment

The unified rate reflects all trades and replaces the current OTC rate (T-1).

Technology and operations

SINACOR - Version 25.2 (Non-Mandatory)

SINACOR Version 25.2 brings improvements to key modules and new features.

Technology and operations

Upgrade of STVM Custody Transfer – OTC

The STVM Custody Transfer service will replace manual and paper transactions related to the transfer of assets of the same ownership between different financial institutions.

Listed e Technology and operations

Binary UMDF: Order Book Management Based on Price/OrderID

New order book management model by priority improves efficiency and resilience and is in line with the world's leading exchanges.

Listed

New Deposit Flow of Listed Securities

Simplifying the deposit of listed securities for investors, registrars, custody agents and depository

Technology and operations

SINACOR - Version 25.3

SINACOR version 25.3 is faster, easier to use and has an enhanced user experience.

Securities Lending

New Functionality Allows Registration of Compulsory Borrowing Blocks for Closed Supplementary Pension Funds with Regulatory Restrictions

New functionality blocks compulsory borrowers for pension funds with regulatory restrictions.

Listed

S&P/B3 Ibovespa VIX Futures, Rollover and Options

New S&P/B3 Ibovespa VIX derivatives allow hedging against and exposure to market volatility.

Interest rate and currencies

Simultaneous DOL and WDO Auction

DOL and WDO auctions will now be simultaneous, eliminating potential price discrepancies.

Listed, Interest rate and currencies e Derivatives

Offshore Interest Rate Products - Digital Option

Offshore Digital Options allow trading monetary policy decisions in different markets.

Listed e OTC

Investor Registration Updates - Listed and OTC

Two new solutions will improve investor registration: a single screen and an API.

Technology and operations

Registration Updates Page - Listed (SINCAD) and OTC (NoMe) – 2025

The implementations optimize the experience of users of the SINCAD and NoMe systems.

Listed

New Account and Link Reconciliation API

The new API makes registration reconciliation of Listed companies more agile, integrated and safe for institutions.

Listed e OTC

Securities Portability – RCVM 210

In compliance with CVM resolutions 209 and 210/2024, the electronic portability functionality offers transparency, agility and security to the market.

Equities

Single Command for Equity Collateral Transactions

Posting equities as collateral will be faster with the addition of a single command.