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Mitigação de riscos
Os limites estabelecidos para a concentração de posições em aberto têm a função de mitigar riscos de crédito e de formação de preço no Balcão.
Open Position Limit Monitoring - OTC Market
Quickly track the concentration limits of your open positions with a central counterparty in the organized OTC market
Now you can monitor in real time the position concentration limits assigned by B3 Clearinghouse and manage the use of these limits even more accurately.
This will be possible thanks to the new controls we created in the Open Position Limit module of B3’s Clearing, Settlement and Risk Management system.
They facilitate treatment of positions with a central counterparty in the OTC market. All this is done in a very simple way through a system that you are already familiar with, speeding up the adoption of preventive measures in cases where there is a risk of limit breach.
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Product benefits
Monitoramento
Acompanhe suas posições de um jeito simples, através de um sistema que você já conhece.
Visibilidade e acompanhamento
Visualize os limites apontados pela Câmara B3 e, ao mesmo tempo, o consumo de seus limites.
New Controls for Treating Positions with a Central Counterparty in the Organized OTC Market
Comprising the following contracts: Swap, NDF Currency, Flexible Options on Derivatives and Commodities, and Flexible Cash-Settled Equity Options.
The project aims to improve the position limits methodology and streamline monitoring through a system that can be accessed by market participants, thus enabling viewing of the limits assigned by B3 Clearinghouse as well as the control of consumption and activity in case of limit breaches.
In this new phase of the project, new controls will be implemented for the treatment of organized OTC positions with a central counterparty for the following instruments:
Swap and NDF Currency Contracts
Flexible Options on Derivatives and Commodities Contracts
Flexible Options Contracts on assets traded in the cash-settled equity market
We adopt open position concentration limits as a measure to protect the integrity of our markets, mitigate credit risk and risks to the price formation process in compliance with CVM Instruction 283/1998.
Open positions at various aggregation levels are monitored daily by B3 Clearinghouse as to their adequacy to the concentration limits. The position is compared to the corresponding limits, whereas the existence of a quantity greater than any of the limits is considered a breach.
Open position concentration limits are defined for each instrument and for groups of instruments based on their particularities, for example, underlying asset, maturity, liquidity, market type, option type (when applicable), etc.
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Main systems
Sistema de Limite de posições em aberto
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What is the Sinacor version?
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