B3 Tech Launches

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09/16/2024

B3 Tech Launches | Trading

The table below offers an overview of B3’s upcoming IT & Operations projects. The overview allows market participants to effectively plan their own development and management of the upcoming tech launches. Our full trading Roadmap can be accessed here.

Service: Trading
Update frequency: every 2 weeks
Date of last update: Nov/18/2024

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Summary	Impacted services	Certification required?	Certification	Mock	Production	Description	Observation
Architecture Update of the TCP Replayer gateways to UMDF FIX/FAST	TCP Replayer/ Historical Replayer	No	August	-	Sep/16/2024	The TCP Replayer gateways will be segmented by groups of matching engines for the UMDF FIX/FAST	For existing sessions, the migration period will extend from August to December 2024, with no increase in cost for market participants who migrate during this period. New connectivity data and new architecture can be accessed here.
Update of the FIX gateways dictionary for paving the Implied	FIX OE Gateway	Mandatory for the Implied functionality usage	Oct/28/2024	Nov/09/2024	Nov/11/2024	Waves 3 and 4: Nov/18/2024 Channels OE009 to OE032 OE033 to OE040 OE169 to OE184 Wave 5: Nov/19/2024 Channels OE193 to OE216 Wave 6: Nov/21/2024 Channels OE081 to OE088 OE145 to OE152 Wave 7: Nov/25/2024 Channels OE089 to OE096 OE041 to OE064 Wave 8: Nov/26/2024 Channels OE065 to OE080 Wave 9: Nov/27/2024 Channels OE097 to OE112 Wave 10: Nov/28/2024 Channels OE113 to OE120 OE129 to OE136 Wave11: Dec/02/2024 Channels OE137 to OE144 OE153 to OE160	The EntryPoint technical specifications are available at www.b3.com.br/en_us, at Solutions, Platforms, PUMA Trading System, Order Entry FIX (date of last information update: Nov/13/2024)
Optimization of the Risk Engine	LiNe Trading	No	No	Nov/23/2024	Nov/25/2024	Wave 1: Nov/25/2024 Channels 70, 92 and 94 Wave 2: Dec/02/2024 Channels 74, 76, 80, 86 and 90 Wave 3: Dec/09/2024 Channels 72, 78, 82, 84 and 88	New version of the Risk Engines with a 5% reduction in latency at the 50th percentile and outliers. (date of last information update: Nov/12/2024)
Template update for Binary Order Entry Gateway	Binary Order Entry Gateway	Mandatory for the Implied functionality usage	28/10/2024	No	Nov/16/2024	Wave 1: Nov/18/2024 GWs 20001 + PGWD01 Wave 2: Nov/19/2024 GWs 20002 Wave 3: Nov/21/2024 GWs 20003 + 20004 Wave 4: Nov/22/2024 GWs 20005 + 20006 Wave 5: Nov/25/2024 GWs PGWE01 + PGWE02 Wave 6: Nov/26/2024 GWs 10001 + 10002 Wave 7: Nov/27/2024 GWs 10003 + 10004 Wave 8: Nov/28/2024 GWs 10005 + 10006 Wave 9: Dec/02/2024 GWs 10007 + 10008 Wave 10: Dec/03/2024 GWs 10009 + 10010	The update to the new version of the template file will not be mandatory, as it is backward compatible with the previous version, but it will be mandatory for the use of the new Implied functionality. The EntryPoint technical specifications are available at www.b3.com.br/en_us, at Solutions, Platforms, PUMA Trading System, Binary Order Entry Tags included: - ImpliedEventID at ExecutionReport_Trade (informed in External Communication 049/2024-VNC) - marketSegmentID will also be included in all Execution Report messages - semanticVersion field will be added to the NegotiateResponse message, indicating the current version of the binary OE gateway template. (date of last information update: Nov/18/2024)
Timestamp - New Field: ReceivedTime	Matching engine and EntryPoint Binary Gateway	No	No	Nov/23/2024	Nov/25/2024	Wave 1: Nov/25/2024 Channels: 68, 70, 92, 94, 98 Wave 2: Dec/02/2024 Channels: 74, 76, 80, 86, 90 Wave 3: Dec/09/2024 Channels: 72, 78, 82, 84, 88	From the deployment waves provided alongside, the value of the binary gateway Timestamp will be reflected in the ReceivedTime tag. The Timestamp will be recorded by the gateway after the message is retrieved from the socket. (date of last information update: Oct/30/2024)
Implied	Matching Engines, FIX and Binary EntryPoint Gateways, FIX/FAST and Binary UMDF	Mandatory for all clients operating DI, DAP, and their respective EDSs of DV01	Oct/28/2024	Nov/23/2024 and Dec/07/2024	Dec/09/2024	Introducing new functionality designed to connect the strategy and outright order books. Due dates that will be activated: Week 1 Dec/09/2024: DIIF26F27, DIIF25N25, DIIF27F29, DIIF29F31, DIIN25N26 and DIIF27J27 Week 2 Dec/16/2024: DIIN26F27, DIIF29F30, DIIN25F29, DIIF28F31, DIIF30F33, DIIF33F34, DAIK25Q26 and DAIK29Q30	The primary objective of the Implied functionality is to enhance market liquidity. (date of last information update: Nov/18/2024)
New Binary UMDF Template	Binary UMDF	No	Oct/28/2024	Nov/23/2024	Nov/25/2024	Wave 1: Nov/25/2024 - Channels: 68, 70, 92, 94, 98 Wave 2: Dec/02/2024 - Channels: 74, 76, 80, 86, 90 Wave 3: Dec/09/2024 - Channels: 72, 78, 82, 84, 88	According to External Communication 049/2024-VNC sent in Aug/22/2024, the update to the new version of the template file will not be mandatory, as it is backward compatible with the previous version, but it will be mandatory for the use of the new Implied feature. The updated technical specifications of Binary UMDF are available at www.b3.com.br/en_us, Solutions, Platforms, PUMA Trading System, Binary UMDF. (date of last information update: Nov/06/2024)
New Domains for Securities Lending Electronic Trading	UMDF FIX/FAST and UMDF Conflated	No	TBD	1st quarter of 2025	1st quarter of 2025	Incremental(35=X) and Snapshot(35=W) messages: creation of the domains for messages that have the 276 – QuoteCondition tag: Domain LM = BTB (Limited Order) Domain AN = BTB (All or Nothing Order)* *Functionality to be implemented later	The Market Data technical specifications are available at www.b3.com.br/ en_us/ Solutions, Platforms, PUMA Trading System, Developers and vendors, Market Data FIX/FAST. (date of last information update: Oct/09/2024)
Settlement Price messages behavior change (269=6)	FIX/FAST UMDF and Binary UMDF	No	Oct/22/2024	1st quarter of 2025	1st quarter of 2025	At present, when different types of settlement prices are available (tag 423) for a contract, both the settlement prices, by rate (PERCENTAGE) and per unit (PER_UNIT), are published in the same message. In the new format they will be published in two different messages, with no change to tags or domains	This change is described in the new version of the Customer Impact Document (CID) at www.b3.com.br/ en_us/, Solutions, Platforms, PUMA Trading System, Developers and vendors, Market Data FIX/FAST, UMDF and UMDF Conflated (date of last information update: Oct/22/2024)