B3 announces changes to the calculation of TMOC and TMOV metrics for Options
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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 18, 2025, for Derivatives Options. Details of the update can be found in the LINE 5.0 | B3 version.
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