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In the allocation process of assets in recommended portfolios.
Average Price Allocation
Efficiency gain in the allocation of assets in recommended equities portfolios in the spot and futures markets
This project will facilitate the distribution by average price of the spot and futures markets, improve the processing capacity in asset allocation in recommended investment portfolios and reduce the volume of messages generated and distributed during the entire process.
When the project goes live, it will enable the creation of trade groups in the same transitory account to generate an average price that allows allocating a group to the final accounts.
The goal is to minimize average price discrepancies during allocation, improving the entire recommended portfolio process
Sign up and follow up the project
Product benefits
Improved quality
Decreased discrepancy in the average price value caused by trade-by-trade allocation.
Expansion
Of the processing capacity, especially on recommended portfolio days.
Efficiency
Reduction in the volume of messages, thus facilitating communication between brokerage houses and B3.
Mitigation of average price discrepancies
Another expected gain of the project is the expansion of the asset allocation processing capacity.
Currently, the analysts responsible for selecting equity assets to be allocated to their clients' recommended portfolios find it difficult to resolve discrepancies arising from average asset prices.
This project will mitigate that difficulty thus contributing to the improvement of the entire process. To this end, it will enable, optionally, the creation of groups formed by trades in the same transitory account (Admincon, Intermediary and Master), in order to generate an average price that allows the allocation of those groups to final accounts.
Is a transitory account held by full trading participants or settlement participants. It is used to indicate trades arising from orders received simultaneously from different investors.
Is a transitory account used to indicate trades belonging to non-resident investors.
Is a transitory account grouping investor accounts (investors) that have a specific relationship with each other, e.g., a common management or representation by the same international intermediary, and that are registered under the same full trading participant, settlement participant or trading participant.
Timeline
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10/30/2023
Start of Certification
Start of Certification
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03/25/2024
Other
Available (except Sinacor)
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04/01/2024
Go-live
Available to the market
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11/25/2024
Other
Part 2 - Processing improvements
Technical details
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Catalog changes
To be defined
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Main systems
RTC, Sinacor.
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Main related functions
Allocation Management
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Certification roadmap
No impact
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What is the Sinacor version?
To be defined
