Improvements to the Book of Block Trade for Block Trading

Informative

Greater trading flexibility and safety

As part of the improvements to the Book of Block Trade (BBT), B3’s platform for block trades at a premium and discount, B3 is implementing two new features that make the process more flexible, safe and efficient for participants:

Trading in any value above the minimum size required by CVM (Brazilian Securities and Exchange Commission), without the need for multiples. If the order is partially executed and the balance remains below the minimum size, this residual will be automatically canceled.

Setting a minimum execution quantity. The order will only be executed if there is sufficient counterparty to meet this criterion; otherwise, it will be automatically canceled.

These features already exist for the Midpoint Order Book and are now also part of the BBT, offering greater control, predictability and efficiency to block trades. The Request for Quote (RFQ) solution remains unchanged at this point.

Project Tags:

Trading

Listed

In Progress

Cross Market

Product benefits

Easy to use

Allows BBT trading at any value above the minimum size.

Flexibility

Participants can now customize trades, setting a minimum execution quantity according to their needs.

Execution safety

Possibility of avoiding partial trades, setting "all or nothing" executions to ensure that your conditions are respected.

Learn more

The new features ensure greater flexibility and efficiency for participants trading large blocks of securities.

The BBT is a solution focused on continuous block trades with execution prices traded at a premium or discount over the central order book. Learn more.