Securities Lending

Securities Lending - Automatic OTC Renewal

Automatic renewal of OTC securities lending contracts brings operational efficiency and scale gains for the participants involved

Interest rate and currencies

Contract Size Reduction - Bitcoin Futures

Reducing the size of the Bitcoin Futures contract attracts new investors and promotes liquidity.

Technology and operations

SINACOR - Version 25.1

SINACOR version 25.1 is mandatory for the market and offers agility, ease and improvement to the product’s user experience.

Equities

Average Price Allocation

Interest rate and currencies

Offshore Interest Rate Products - A Model Similar to DI Futures

Offshore Interest Rate Futures will have a similar model to DI1 Futures Contract, facilitating investor access to interest rates in foreign countries.

Listed

New Deposit Flow of Listed Securities

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

Equities

New Equities Fee Structure

New project will come into force in 2025 and aims to harmonize B3's fee policies

Integration solution

CS Tools - Risk Management for the LINE Buyside

Fund managers may now query real-time data on pre-trade limits on B3’s LINE system.

Cross Market

Sex Field Changed to Gender on SINCAD

Listed e Equities

New Messaging Set for Issuing and Canceling ETFs

Group of messages allows automation by administrators and agents authorized to trade ETFs.

OTC

Unit Price (PU) and Acquisition Date – Analytical Balance

Equities

New Lien Types: Inalienability and Unseizability

Derivatives

Non-CCP NDF – Creation of NDF Commodities VCP

Credit

Rural Product Note (CPR) Amendment

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.

Listed, Interest rate and currencies e Derivatives

Offshore Interest Rate Products - Digital Option

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

Interest rate and currencies

Simultaneous DOL and WDO Auction

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

Listed e OTC

Investor Registration Updates - Listed and OTC

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

Commodities

Margin Netting between Commodity Futures and Options

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

Securities Lending

Margin Call in Revenue Netting Scenarios

New rule eliminates margin calls when revenue netting is involved, thus reducing the financial impact.

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.

Cross Market

Improvements to the Book of Block Trade (BBT) for Block Trading

BBT now allows block trading at any value above the minimum size.

Listed

Increase in the Limit of Series of Options on Futures and Spot Contracts

New methodology increases the limit of series of Options on Futures and Spot Contracts to 9,999.

Fixed income solutions

Fixed Income Indices – Private Credit

Data

New OTC Segment Holders Report

The service consolidates statistical data on DCM bond issuance and will be offered via file on the DATAWISE platform

Equities

B3 Equities Central Depository Upgrade

Listed, Equities e Interest rate and currencies

Event Contracts

Event Contracts allow investors to trade future scenarios smoothly, transparently and with limited risk.

Derivatives

Extended Trading Hours at B3

Gold and Cryptocurrency Futures can now be traded from 8:00 AM to 8:00 PM in B3's regulated environment.

Cross Market

Cross orders negotiation in the Book of Block Trade (BBT)

Cross orders in the BBT offer greater safety, control and flexibility to block trades.

Interest rate and currencies

Daily Options on U.S. Dollar

Daily Options on U.S. Dollar bring more flexibility for hedging and speculation in exchange rates.

Derivatives

New B3 Clearing Platform - Risk Module

The new B3 Clearing platform is cloud-native, scalable, and has an architecture based on microservices with a focus on investor experience.

Listed

Trade at Close (TAC)

TAC allows cross orders in the spot market to be executed at closing price.

OTC

Funding Asset Distribution Platform

New system to streamline data exchange between banks and brokerage houses, and integrated into B3’s Central Depository.

Listed, OTC e B3

Adjustment of Fields for Investor Registration at B3 as per Joint Circular Letter CVM/SIN/SMI/SSE 01/25

Adjustment of investor registration at B3 in accordance with new CVM rules.

Listed e Technology and operations

UMDF FIX/FAST and Conflated: 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 for UMDF FIX/FAST and Conflated.

Securities Lending

CI - Automatic Return of Subscription Rights

Automatic return of subscription rights reduces bottlenecks and eliminates manual processes.

Fixed income solutions

First Phase of Tesouro Direto 24x7

Tesouro Direto will have 24/7 trading with settlement via PIX.

Listed, Interest rate and currencies e Derivatives

Weekly Bitcoin, Ethereum and Solana Futures Options

New weekly crypto options expand strategies for Bitcoin, Ethereum and Solana.

Integration solution

e-Watcher

e-Watcher offers speed, accuracy and safety when accessing trading data.