B3 S A Brasil Bolsa Balcão : 099-2020-PRE-Circular Letter
August 06, 2020 at 05:19 pm EDT
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August 6, 2020 099/2020-PRE
C I R C U L A R L E T T E R
To: B3's Market Participants - BM&FBOVESPA Segment
Re: Retail Liquidity Provider (RLP) Order for Mini US Dollar Futures
Contracts (WDO) and Mini Ibovespa Futures Contracts (WIN) - Extension of the Experimental Period.
On December 19, 2018, B3 published Circular Letter 050/2018-VOP about a public consultation on a change to the rule for registration of cross orders in an exchange environment, for consideration and comment by participants and interested parties.
The proposal included: (i) a change to the rule currently in effect for the registration of cross orders in the exchange markets, with the purpose of unifying the rules for the BM&F and BOVESPA segments in BM&FBOVESPA PUMA Trading System; and (ii) creating a new type of order, named Retail Liquidity Provider (RLP).
This being the case, the introduction of the RLP order, as well as the change to the rule for the registration of cross orders, occurred on August 5, 2019, as
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INFORMAÇÃO PÚBLICA - PUBLIC INFORMATION
099/2020-PRE
announced in Circular Letter 019/2019-VOP, dated June 10, 2019, in which B3 came to employ the deadline established for the 12-month experimental period.
The experimental period, which was to have ended on August 4, 2020, was determined to assess the expected results for the RLP order, and has been extended for another 12 months.
Please note that the definitions about these types of orders are available in B3's Trading Procedures Manual, at www.b3.com.br/en_us/, at Regulation, Regulatory Framework, Regulations and manuals, Trading.
Further information can be obtained from Listed Products by telephone on +55 11 2565-5338/7249 or from Electronic Trading by telephone on +55 11 2565- 5023 or by email at negociacao@b3.com.br.
B3 SA - – Brasil, Bolsa, Balcão published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 21:18:08 UTC
B3 SA Brasil Bolsa Balcao, formerly BM&F Bovespa SA Bolsa de Valores Mercadorias e Futuros, is a Brazil-based financial market infrastructure provider. The Company's service offerings range from exchange trading, clearing and other post-trading services to registration of over-the-counter (OTC) transactions. The Company also provides a listing service and acts as central securities depository (CSD). It develops software solutions and offers index licensing services. Its business is divided into four segments: Bovespa, which covers trading, clearing and settlement of equities and equity derivatives; BM&F, which covers trading, clearing and settlement of financial and commodities derivatives; Cetip Securities (Cetip UTVM), covering registration, clearing, settlement and custody systems for fixed-income securities and OTC derivatives, and Cetip Financing (Cetip UFIN), which provides an integrated private electronic system for registration of vehicle and real estate loans.
B3 S.A. - BRASIL, BOLSA, BALCÃO 
