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FIA PTG responds to The Brazilian Securities and Exchange Commission Block Trade Definition Proposal

15 July 2022

July 15, 2022 - In a letter filed today, the FIA Principal Traders Group (FIA PTG) responded to The Brazilian Securities and Exchange Commission (CVM) Resolution No. 135/2022 - Methodology for Definition of Block Trades. FIA PTG noted that there are certain scenarios where having the option to execute a trade as a block is important, but cautioned that minimum size thresholds must be set appropriately so as to safeguard the open, competitive, and transparent on-exchange execution process.

  • FIA PTG
  • Electronic Trading
  • Equity Market Structure
  • Americas