Cap Rule for Retail Liquidity Provider (RLP) Orders in the Equity Market

  • Jul 15, 2022

Cap Rule for Retail Liquidity Provider (RLP) Orders in the Equity Market

B3 informs you that, as of July 15, 2022, Participants that exceed the maximum limit on trading via RLP orders in a month will not have limits adjusted to compensate for the surplus in the subsequent month in a specific asset if (1) in that month, the participant brokers fewer than 50 transactions with a retail investor in an asset, and (2) as long as in this asset, the participant transacts the RLP order with lots of 100 equities.

Learn more