UDS – U.S. Dollar Options Strategy Fee Structure

Optional

New functionality will result in cost reduction for those trading U.S. Dollar Options.

The User Defined Strategy (UDS) project is about delivering a functionality whereby users create and register strategies (combined trading of instruments) with B3 for several products in their own books, among them the U.S. Dollar Options Strategy.

Currently, clients who trade more than one leg of the U.S. Dollar Option pay separately for each leg.

From this delivery, clients will enjoy a fee structure that will already consider all the strategy legs for collecting the final amount, thus resulting in lower costs.

Project Tags:

Listed

Completed

Interest rate and currencies

Pricing

Product benefits

Cost reduction

Through the UDS project, clients will enjoy a fee structure that will already consider all the strategy legs for collecting the final amount, instead of collecting it independently, thus making the product more efficient and with better price formation for the market.

Market development

Cost reduction to trade Options structures encourages clients to trade in this market, generating volume increase and liquidity gain.

Incentive to on-screen trading

Currently, given the dynamics of this market, the U.S. Dollar Option is traded almost fully via OTC. With the delivery of the UDS project, clients will have efficient trading mechanisms via screen and at more attractive fees.

UDS (User Defined Strategy) Boosts U.S. Dollar Options Market

<p>Cost reduction should boost the market  </p>

In the current pricing rule, the costs of certain trades hamper the use of the product by the market. With this delivery, the U.S. Dollar Options strategy is likely to have a more efficient and fair fee structure, besides boosting trades and benefiting the entire market.