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Project Tags:

Listed

Completed

Product benefits

Greater Visibility and Transparency to Market Makers’ Activity

A survey showed the functionalities of interest to users and such features are expected to be incorporated during the construction of the system.

The platform will provide real-time data to market makers accredited by B3 or commissioned by issuers, thus eliminating the dependence on data provided by email. The system was built based on a distributed architecture model to allow for scalability according to market needs.

Following B3’s analysis, market makers will learn about their performance and will know the scores achieved in accordance with the program selection processes.

The project will help monitor B3’s market maker programs carried out with clients and the regulator.

B3’s Market Maker Program has been strengthened over the last decade helping to boost liquidity in the Brazilian market. The program started with 5 stock options and today the Market Maker is a robust program that comprises several other asset classes. 

Market makers are a legal entity (brokerage house, bank, non-resident investor) registered with B3 that undertake to maintain regular and continuous buy and sell orders daily during a trading session so as to promote asset liquidity while facilitating trades and mitigating artificial movements in product prices.

Technical details

  • Catalog changes

    N/A

  • Main systems

    Portal Formador de Mercado

  • Main related functions

    -

  • Certification roadmap

    N/A

  • What is the Sinacor version?

    N/A