Changes to the Registration and Confirmation Flow of FX Transactions via B3 Clearinghouse

Mandatory

Greater efficiency in the Brazilian FX market

B3 will implement a series of improvements to the registration and confirmation processes for FX transactions via B3 Clearinghouse. The changes comply with BCB Resolution No. 539, which redefines operational foreign exchange flows in Brazil, and bring greater operational efficiency and automation to the market.

The implementation will be phased and include a new automated confirmation flow for foreign exchange OTC and “Casado de Dólar” transactions. With this, the confirmation process will now occur directly via B3 Clearinghouse, eliminating operational steps and reducing the need for double bank confirmation in “Casado de Dólar” transactions.

Project Tags:

Trading

OTC

Listed

In Progress

Interest rate and currencies

Technology and operations

Clearinghouse

Product benefits

Efficiency

New flow reduces operational steps and streamlines the registration and confirmation process.

Operational flexibility

With the implementation of new events, such as cancellation, modification and withdrawal.

Automation

Confirmation of transactions will be done directly via B3 Clearinghouse.

Learn more

Evolution of the B3 Clearinghouse reinforces regulatory compliance and operational security.

• New registration and confirmation model via B3 Clearinghouse

• Elimination of double confirmation in “Dólar Casado” transactions

• Authorization for new events (cancellation, modification and withdrawal)

Production rollout – June 2027

• OTC Flow: Over-the-counter transactions will now include registration and confirmation via messages directly to the B3 Clearinghouse.

• “Casado de Dólar” Flow (Electronic trading): After execution, the Clearinghouse automatically registers and confirms the spot leg of the transaction, without the need for additional confirmation from the banks.

Go-live – November 2027

• Authorization for new events (cancellation, modification and withdrawal).

Upcoming Implementations

How it will work

Production rollout in June 2027 OTC Flow: • OTC transactions will now include registration and confirmation via messages directly to the B3 Clearinghouse. “Casado de Dólar” Flow (Electronic trading): • After execution, the Clearinghouse automatically registers and confirms the spot leg, without the need for additional confirmation from the banks. Go-live in November 2027 • Authorization for new events