Change to minimum lot size for registration of cross orders

  • Nov 11, 2022

Change to minimum lot size for registration of cross orders

As stated in item 4.3.3.1 of B3’s Trading Procedures Manual regarding the rules for registration of cross orders, B3 monitors indicators and thresholds on a monthly basis to gauge possible impacts on the central order book. Our measurements show that the average percentage of cross orders for the stock MODL3 has returned to the expected level in the last three months. We have also observed an improvement in the market indicators stipulated in the rules governing cross orders for this stock. The minimum quantity for registration of cross orders for MODL3 will therefore be reset to 10,000 shares on November 16, 2022.

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