1. Block Trading via Midpoint in any amount starting from the minimum size: The first new functionality allows investors to trade large lots via Midpoint in any amount above the minimum size established by CVM. Therefore, the restriction of trading only in integer multiples is elminated. If the order is partially executed and there is a quantity remaining below the minimum, this balance will be automatically canceled. Larger quantities remain in the book, awaiting closing.
2. Minimum Execution Quantity Configuration: The second functionality offers the option of setting a minimum execution quantity for your orders via Midpoint. This configuration is especially useful for those who wish to ensure that their orders are executed under specific conditions, such as the "fill-or-kill" format, whereby only the full amount of the order is acceptable. If there is not enough counterparty to meet this condition, the order will be automatically canceled. If the minimum execution quantity is met, but not the entire order, the residual quantity will remain in the order book awaiting closing, but without additional minimum quantity configuration.

For further information, talk to your RM. 

The Midpoint Order Book is a B3 solution aimed at block trading, whereby the execution price of the trades will be the average price between the best buy price and the best sell price in the central order book.

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