Structured Small Cap Rollover Transaction | B3

Structured Small Cap Rollover Transaction

  • Structured Small Cap Futures rollover transaction allows investors to protect themselves against unfavorable prices’ variation, limiting losses in adverse market conditions.

    The structured operation was created to easy the day to day of investors, it does not represent a new contract, but a mechanism to execute both the buy and sell order of two maturities at the same time, keeping the position characteristics unaltered.

    The structured rollover operation are normally used by investors that would like to rollover the positions to a longer maturity. Additionally, theses operations are also frequently used by investors to operate prices differentials between maturities.

  • UnderlyingSmall Cap Index
    TickerSM1
    Contract sizeSmall Cap futures contract multiplied by the index point value in Brazilian Reals, each point BRL 10.00
    QuotationIndex points
    Tick size0.01 index point
    Round-lot1 contract
    • Reduces execution risk by allowing the trading of two different expirations in a single operation.
    • Adds another tool for price arbitrage between expirations.
    • Facilitates the trading of price differentials