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.
Sign up and follow up the project
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.
Cost reduction to trade Options structures encourages clients to trade in this market, generating volume increase and liquidity gain.
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.
Cost reduction should boost the market
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.
07/01/2023
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11/27/2023
Available to the market
Catalog changes
Catalog of Messages - Pricing.
Main systems
Sinacor and RTC
Main related functions
No functions impacted
Certification roadmap
Optional and available
What is the Sinacor version?
v23.2
