Shares will be traded until 5:55 pm on B3 from Tuesday, November 3
Change follows the end of daylight saving time in the United States and Europe and includes adjustments to derivatives and order cancellation deadlines.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 2 MIN
B3 will extend trading hours from Tuesday, November 3rd. According to Money Times, cash shares will now be traded from 10am to 5:55pm, compared to 5pm previously, and the change also affects the organized counter and derivatives.
The reason is the end of daylight saving time. According to InfoMoney, the United Kingdom and Germany will end daylight saving time on 10/25, and the United States should do the same on 11/1. Therefore, the changes take place on two dates: 10/26, for contracts linked to European markets, and 11/3, for shares and derivatives in general.
In the spot market, InfoMoney informs that the regular trading session runs from 10am to 5:55pm, with a closing call until 6pm. Money Times describes the call as being between 5:55 pm and 6:00 pm and allowing offers to be canceled until 6:45 pm. According to InfoMoney, shares, funds and fractional markets close at 6:45 pm.
In derivatives, Money Times mentions futures, options and structured, with adjustments in indices, commodities and the dollar. In options, according to InfoMoney, trading lasts until 5:55 pm, the closing call until 6:15 pm and the closing takes place at 6:45 pm.
The reports do not describe the 6:45 pm time in the same way. For Money Times, it is the limit for canceling offers. For InfoMoney, it is the moment when trading in shares and funds ends. Before adjusting routines, it is worth checking the official exchange statement.
What changes for the investor
For those who trade shares, the trading window gets longer in the late afternoon, which increases the time to adjust positions. For those who trade futures and options, the main care is to update the closing and closing call times, as they change in relation to the current calendar. As the change arises from the summer time calendar in the countries mentioned, the adjustment tends to be an operational routine, and not a negotiation rule. The numbers here are those reported in the reports and do not indicate price direction.
Automatically translated from Portuguese.
