Material name
Date
Material Type
Language
Format
Size
Ease
For exposure to the portfolio of assets without the need to trade them individually.
Ibovespa B3 BR+ Futures, Rollover and Options
New derivatives linked to the Bovespa B3 BR+ Index
New derivatives linked to the Bovespa B3 BR+ Index
The Bovespa B3 BR+ Index was launched in August 2024 and brings together companies that participate in the Ibovespa B3 and Brazilian companies listed in the United States that have Brazilian Depositary Receipts (BDRs) traded on B3, providing a comprehensive view of the companies that drive Brazil’s economy. In expanding the Bovespa B3 BR+ Index into more alternatives to diversify strategies in the local market, B3 is launching four products linked to this index:
- Micro Futures Rollover Contract on Bovespa B3 BR+ Index
- Micro Futures Contract on Bovespa B3 BR+ Index
- Option on Bovespa B3 BR+ Index
- Option with Weekly Expirations on Bovespa B3 BR+ Index
These derivatives expand opportunities for exposure to the Bovespa B3 BR+ Index (IBBR), which until now was only possible through ETFs, enabling the diversification of strategies and serving as hedging tools against price variations in the spot market.
Sign up and follow up the project
Product benefits
Opportunity
For the creation and diversification of strategies involving the local market.
Hedging tool
New derivatives serve as a hedging tool against price fluctuations in the spot market.
Greater diversity
Of instruments linked to local indices, with the inclusion of Brazilian assets listed outside B3.
Learn more
The new addition complements the range of local index derivatives with the inclusion of Brazilian assets listed outside B3.
Micro Futures Contract on Bovespa B3 BR+ Index: Allows exposure to assets on the Bovespa B3 BR+ Index through a single instrument, without the need to own 100% of the contract value to trade it. The contract expires on Fridays of even-numbered months.
Micro Futures Rollover Contract on Bovespa B3 BR+ Index: Allows trading of two futures contracts through a single transaction, enabling the rollover of the futures contract expiration date.
Option on Bovespa B3 BR+ Index: Allows investors to mitigate market price risks, besides enabling the creation of strategies in relation to the index price trajectory with a relatively small initial capital. The contract expires on the 3rd Fridays of each month.
Option with Weekly Expirations on Bovespa B3 BR+ Index: Its features and benefits are similar to options with monthly expirations, but expires on all other Fridays of the month. This gives investors greater flexibility to implement investment strategies and manage their portfolios.
The Bovespa B3 BR+ Index combines companies participating in the Ibovespa B3 with Brazilian companies listed abroad, thus complementing the current range of local market indices.
Timeline
-
05/02/2025
Disclosure plan
Release plan disclosure
Technical details
-
Catalog changes
No catalog changes
-
Main systems
Sinacor
-
Main related functions
No functions impacted
-
Certification roadmap
Optional and not available
-
What is the Sinacor version?
v25.1
