Wednesday May 17 2017

News Source: Global Exchanges

Focus: Trading Rules

Type: General




Bolsa de Valores and Mercadorias e Futuros (B3) have submitted to public consultation, for comments and review by its participants and other interested parties, the rules, operating procedures and commercial conditions that will govern the access by other financial market infrastructures (FMI) to the following services:

  • clearing and settlement, in the capacity as central counterparty, of transactions in the cash equity market related to trades originated in other FMI (CCP Services); and
  • central depository, in relation to equity securities that are cleared and settled through other FMI (CSD Services).

This Public Consultation, encompasses:

  • the rules and procedures related to the access and operation of CCP and CSD Services, reflected in B3’s applicable rules (Access Rules);
  • commercial conditions related to the provision of CCP and CSD Services (Commercial Policy); and
  • the mechanisms that will be adopted to ensure quality and an equitable treatment in the provision of CCP and CSD Services to other FMI.

Click on the above link for more information