Monday May 25 2026
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Brazil
Brasil Bolsa Balcão (B3) announced that the new version of the Trading Procedures Manual (Manual) will come into effect on 25th May 2026 and will include changes that enable Retail Liquidity Provider (RLP) orders to other assets in the spot market.
The expansion of RLP orders strengthens the trading dynamics in the spot market by potentially increasing liquidity and retail investor participation and enables trades to be executed at prices equal to or better than those available in the central order book.
Description of changes to B3’s Trading Procedures Manual
TITLE II – TRADING ENVIRONMENT
CHAPTER III – TRADING
4. ORDERS, BIDS AND ASKS
4.3 Orders
4.3.4. Retail Liquidity Provider (RLP) orders
Update to the scope of the RLP order to include other instruments in the spot market segment;
Inclusion of the “double cap” model for the thresholds applicable to RLP for spot market assets, which will now consider the volume of retail flow, already currently forecast, and the total volume of the instrument, adopting the lower volume between the two.
4.3.4.2. Consequence of exceeding the cap for trading via RLP orders Update to the scope of the RLP order to include other instruments in the spot market segment.
Click on the above link for further information
