B3 announces changes to the calculation of TMOC and TMOV metrics for Options
Change in the Calculation of TMOC and TMOV Metrics for Options
Starting in July, B3's LINE Trading will adopt a new calculation for the TMOC and TMOV metrics, which define the maximum bid and ask sizes for options orders. The change will take effect in two stages: July 21, 2025, for Equity Options, and August 25, 2025, for Derivatives Options. Details of the update can be found in the LINE 5.0 | B3 version.