Consolidation of trading rules and parameters

B3 informs you that in order to improve and simplify the process of disclosing instructions and rules to the market, this Circular Letter consolidates the information regarding the following themes: 1) Maximum quantity per order for equities; (2) Minimum lot for the disclosure of iceberg orders; (3) Rules and trading tunnel parameters; and (4) Electronic trading platform rules and operating procedures. This Circular Letter revokes Circular Letters 017/2013-DP, dated February 25, 2013; 009/2013-DO, dated July 25, 2013; 014/2016-DP, dated February 26, 2016; 028/2017-DO, dated December 5, 2017; and 003/2018-VOP, dated February 23, 2018. There is no change to the rules in force.

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