Cross Market

Improvements to the Midpoint Order Book for Block Trading

Trading of any amount starting from the minimum size and minimum execution quantity via Midpoint.

Interest rate and currencies

Changes to Foreign Currency Futures Contracts

Currency pair futures contracts will have their maturity and fixing dates aligned with the international standard.

Securities Lending

RTC Filters

The new RTC filters make trading control more convenient and agile.

Integration solution

e-Watcher

e-Watcher offers speed, accuracy and safety when accessing trading data.

Securities Lending

Securities Lending - Automatic OTC Renewal

Automatic renewal of OTC securities lending contracts brings operational efficiency and scale gains for the participants involved

Integration solution

CS Tools - Risk Management for the LINE Buyside

Fund managers may now query real-time data on pre-trade limits on B3’s LINE system.

B3

RCL Upgrade

B3's new club registration system offers greater agility and autonomy to administrators.

Commodities

Margin Netting between Commodity Futures and Options

Futures and Options margins for the same commodity will be integrated into a single consolidated margin.

Interest rate and currencies e Derivatives

DI1, DII and DIF - Tick Size Change for Contracts with Maturities over 5 Years

B3 reduces the tick size for long DI1 maturities from 0.01% to 0.005%.

OTC

Remote Voting (OTC Funds)

CI.CORP now covers electronic shareholder meetings of funds registered or deposited through the OTC market with direct vote by B3 investors.

Interest rate and currencies

Implied Project

The Implied Project will boost liquidity and improve product execution costs, besides reducing fees.

Securities Lending

Unified Rate and Outlier Treatment

The unified rate reflects all trades and replaces the current OTC rate (T-1).