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Allows investors to mass cancel several orders that meet the required characteristics.
Mass Cancel: New Mass Order Cancellation Functionality
New functionality allows mass cancellation of orders transmitted to B3’s trading system
The “Mass Cancel” functionality will be an evolution of the Session Level Cancel and will allow trading participants to mass cancel all orders registered in the order book by using filters.
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Product benefits
Greater control
Improves the identification and consolidation of orders allowing cancellation according to the strategy forecast by the investor.
Learn more about this new functionality
Details below and in the support material
The Mass Cancel functionality provides cancellation for all active orders in the same connection section. The following filters may be used:
• SecurityGroup (1151): Allows the cancellation of all orders for all instruments belonging to a trading group.
• Symbol (55): Allows the cancellation of all active orders in a single instrument.
• OrdTagID (35505): Allows the cancellation of all active orders in the order book identified by a value filled in by clients upon registration.
• Side (54): Allows the cancellation of all buy and sell orders.
Further details are available by downloading the Support Material.
Timeline
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12/12/2022
Go-live
Available to the market
Technical details
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Catalog changes
Dictionary GWs 1.040 (OE e DC).
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Main systems
No systems impacted.
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Main related functions
No related functions.
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Certification roadmap
N/A
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What is the Sinacor version?
N/A
