B3

B3

B3 supported order types

TT supports the following order types natively supported by B3:

  • Market-Limit
  • Limit
  • Market with Protection
  • Stop Limit
  • Stop Market
  • Iceberg
  • Minimum Quantity (MinVol)
  • Cross

B3 Order Restrictions (TIF)

TT supports the following Time-in-Force (TIF) order restrictions natively supported by B3:

  • IOC
  • FOK
  • Day
  • GTC
  • GTDate
  • On Auction
  • On Close

B3 Product Types

TT supports the following product types available at B3:

  • Futures
  • Options
  • Spreads
  • Strategies
  • Common Stock (CS)
  • Index

B3 Product Types per Product Group

TT supports subscriber market data for the following B3 product groups:

  • BM&F Derivatives — B3 derivatives products
  • Bovespa Equities — B3 equities products

When trading on TT, product types are listed based on whether you subscribe to the following product groups:

  • Derivatives
    • Futures
    • Spreads
    • Strategies
    • Options
  • Equities
    • Options
    • CS (Common Stock)
    • Index

Orders for each product group are routed on two separate TT connection types. Orders for derivatives products are routed on "BM&F Derivatives" connections, and orders for equities products are routed via "Bovespa Equities" connections.

When trading on TT, product types are listed in Market Explorer based on the product group subscription:

  • Derivatives
    • Futures
    • Spreads
    • Strategies
    • Options
  • Equities
    • Options
    • CS (Common Stock)
    • Index

Orders for each product group are routed on separate TT connections types: orders for derivatives products are routed on "BM&F Derivatives" connections, and orders for equities products are routed on "Bovespa Equities" connections.

B3 Restrictions per Order Type

Order Type Supported TIF Supported Product Types Supported Product Groups Supported Products Notes
Market to Limit IOC, FOK, Day, GTC, GTDate All All All GTC and GTDate are only available for Equities products.
Limit IOC, FOK, Day, GTC, GTDate All All All GTC and GTDate are only available for Equities products.
Market All Options, CS, Index Equities All Market with Protection on B3.
Stop Limit IOC, FOK, Day, GTC, GTDate All All All IOC, FOK, GTC and GTDate are only available for Equities products.
Stop Market IOC, FOK, Day, GTC, GTDate Options, CS, Index Equities All Stop with Protection on B3.
Iceberg IOC, FOK, Day, GTC, GTDate All All All IOC and FOK for Derivatives only. GTC and GTDate for Equities only.
MinVol IOC, FOK, Day, GTC, GTDate All All All Minimum Quantity on B3. FOK, GTC, GTDate for Equities only.
Cross None All All All Cross orders are supported for all B3 market participants.