B3

B3

B3 supported order types

TT supports the following order types natively supported by B3:

  • Market-Limit
  • Limit
  • Market with Protection: Displayed as "Market" in TT and only available for B3 Equities products.
  • Stop Limit
  • Stop with Protection: Displayed as "Stop Mkt" in TT and only available for B3 Equities products.
  • Iceberg
  • Minimum Quantity: Displayed as "MinVol" in TT.
  • Cross

B3 Order Restrictions (TIF)

TT supports the following Time-in-force order restrictions (TIF) 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 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 Supported Order Types Table

The following table shows exchange restrictions per supported B3 order type:

Order Type Supported TIF Supported Product Types Supported Product Groups Supported Products Notes
Market-Limit IOC, FOK, Day, GTC*, GTDate* All All All *GTC and GTDate are only available for Options and CS product types for all Equities products.
Limit IOC, FOK, Day, GTC*, GTDate* All All All *GTC and GTDate are only available for Options and CS product types for all Equities products.
Market All Options, CS, Index Equities All Equities Market with Protection on B3
Stop Limit IOC, FOK, Day*, GTC, GTDate Options, CS Equities All *Day orders are available for all product types, product groups, and products.
Stop Market IOC, FOK, Day, GTC, GTDate Options, CS, Index Equities All Equities Stop with Protection on B3
Iceberg IOC, FOK, Day, GTC, GTDate See Notes column See Notes column See Notes column For Iceberg orders:
  • IOC, FOK only for Futures, Spreads, and Strategies product types, and all Derivatives products.
  • GTC, GTDate only for Options and CS product types, and all Equities products.
  • Day orders are available for all product types, product groups, and products.
MinVol IOC, FOK, Day, GTC, GTDate See Notes column See Notes column See Notes column Minimum Quantity (MinVol) on B3:
  • FOK, GTC, GTDate only for Options and CS product types for all Equities products.
  • Day and IOC available for all product types, product groups, and products.
Cross None All All All Cross orders are supported for all B3 market participants.