B3 will allow executing participants to be transferred simultaneously when transferring a securities lending contract.
Transfer is permitted when the carrying and executing participant in the origin contract are the same.
When transfer is completed with the executing participant, they become the carrying participant at the transfer destination.
Sign up and follow up the project
In cases of large transfer volumes (i.e., registration of brokerage houses) this feature allows securities lending contracts to be at the destination with the correct executing participant at the end of the process.
Your team will reduce efforts in processing decentralized data, dedicating time to strategic tasks.
How it will work and how to get in touch
The executing participant change functionality is incorporated into the position transfer process.
The flow can be carried out via screen or message.
Do you have any query or need further information?
Get in touch with the Certification team by phone on +55 11 2565-5017 or write to [email protected].
12/21/2023
Available to the market
Catalog changes
Position Control / Position Transfer
Main systems
RTC.
Main related functions
Position Control / Position Transfer.
Certification roadmap
No impact
What is the Sinacor version?
No impact
