Material name
Date
Material Type
Language
Format
Size
Flexibility
To add a greater number of trading professionals on the SINCAD platform.
Expansion of Trader and Order Conveyor ID Number
Trading professionals’ ID number increased from three to five digits
Trading professionals’ ID number increased from three to five digits
Investment traders and order conveyors are currently in high demand on the market. The traders and order conveyors registered with B3 are identified by an ID - an alphanumeric code linked to their CPF number. Their ID number is used for entering orders on B3’s trading system.
To meet the increased demand for registration of trading professionals (traders and order conveyors), we will expand their ID number from three to up to five digits on B3’s Integrated Registration System (SINCAD) platform.
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Product benefits
Flexibility to grow
Increase in the number of ID digits will enable registration of new trading professionals on SINCAD.
B3's Integrated Registration System (SINCAD) is a system for entering and maintaining data on investors, their accounts and relationships and professionals’ data to be used in B3’s trading and post-trade environments.
Timeline
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05/30/2023
Workshop
Workshop
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11/30/2023
Go-live
Available to the market
Technical details
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Catalog changes
No catalog changes
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Main systems
SINCAD
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Main related functions
No functions impacted
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Certification roadmap
In definition
-
What is the Sinacor version?
No impact
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