Desconsiderar BTB doador da carteira 29 na Margem de Risco

Informativo

Greater control over use of collateral

B3 has improved its margin requirement system to prevent the Liquidity Resource from being considered in securities lending transactions when the shares are pledged as collateral in transactions executed outside the exchange environment.

Therefore, the system will not assume that lended assets can be settled or reused to cover margin calls in the event of default. For the Liquidity Resource of these assets to be disconsidered, brokerage houses must indicate the allocation of contracts with this profile in portfolio 29 (technical segregation portfolio). The initiative facilitates compliance management.

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Tags do Projeto:

Risco

Listado

Concluído

Empréstimo

Benefícios do produto

Improved compliance

This measure solves internal compliance problems for brokerage houses.

Greater adherence

To margin calculation by no longer considering the Liquidity Resource of assets pledged as collateral outside B3.

Security

The allocation of contracts in portfolio 29 identifies which assets should not receive margin credit.

Reduced risk

Related to double collateral accounting.

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Improved margin requirement system allows brokerage houses to indicate securities lending contracts whose assets are pledged as collateral in transactions executed outside the exchange environment.

When a borrowed asset is pledged as collateral in transactions outside the exchange environment, the brokerage house can indicate the allocation of the contract in portfolio 29. When this is indicated, the system will stop applying the Liquidity Resource to these transactions.

BTB is B3’s Securities Lending Platform offering electronic trading services for securities lending contracts to full trading participants (PNP), custodian agents (ACST), settlement participants (PL), asset managers, foundations and other previously authorized institutions. Learn more.