Currently, some rollovers have a differentiation in Tag 762 (e.g. Tag 762 = 140 – Financial Rollover, 141 Agricultural Rollover, etc.) identifying the different types of rollovers while EDSs only come with Tag 762 = 90 – Strategy, without this distinction. Therefore, we will include a characterization domain, for example (Tag 762 = xxx – DV01 Neutral and UP Neutral).

Improvement of the UDS interface will occur when strategies with Options are created. Previously, users had to enter all relevant option data ("Expiration", "Underlying Asset", "Type" and "Strike Price") so that the option ticker could be generated by the system. With the implementation of this improvement, users will only need to enter the option code in the specific field on the strategy creation screen. This will lead to automatic filling with all the data needed to create the UDS. However, the "C/V" (call or put) and "QtdLote" (quantity) fields must be completed. With the change, the "Code" field will be repositioned to the left of the screen, right after the "Market" field.

Arquivos relacionados

Exemplo nova funcionalidade UDS.pdf

-

2024/03/21

pdf

84KB

Specific enhancements for the 2024 peak season include new treatment for votes originating from the same investor and custodian, which were previously rejected for duplicity. Performance improvements were also implemented to generate the vote map. In addition, B3 made improvements to the CICORP system, including an adjustment to minimize errors when selecting ISIN numbers during Distance Voting Bulletin (BVD) registration. None of these changes require market adaptations.

B3 has changed the concentration limits for open positions for the lending, forward and options markets. These limits are calculated based on the free float of shares and will now be 10% for each investor or group of investors, considering each market separately. Furthermore, groups of instruments will be created to aggregate positions from these markets, with a 15% limit applied to the free float. This means that if an investor uses 10% of their portfolio in one of the markets, only 5% will be available for allocation to another market within the group. The change aims to offer greater flexibility to participants, allowing for a better distribution of limits according to their investment strategies.