B3 S A Brasil Bolsa Balcão : 12/29/20188-2020-PRE-Circular LetterFee Schedule for the Cetip UTVM Segment’s OTC Products in 2021.
January 06, 2021 at 07:58 pm IST
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December 29, 2020 188/2020-PRE
C I R C U L A R L E T T E R
To: B3's Market Participants - Cetip UTVM Segment
Re: Fee Schedule for the Cetip UTVM Segment's OTC Products in 2021.
B3 hereby informs you that as of January 4, 2021 a new fee schedule will come into effect for the Cetip UTVM Segment's OTC products.
The fees quoted in Brazilian Reals in the Cetip UTVM Segment Fee Schedule will be adjusted in accordance with the Extended Consumer Price Index (IPCA) inflation rate accumulated over 12 months, which was 4.31%.
The Cetip UTVM Segment fee schedule will be adjusted three times, as detailed below:
New Monthly Use Table for the Sell Side, seeking to reduce the financial impact during the transition of the table's first tiers.
New Fee Schedule for the Non-Collateralized OTC Forward Contract, of which the main features are: (i) extinction of the charge on contract Registration; (ii) reduction to the Permanence Fees; (iii) Permanence Fee charges limited to a period of 12 months.
This Circular Letter produces effects as of the date of its publication. Any specified time limits for validity shall
1
apply.
This free translation is not legally binding. Any questions arising from the text should be clarified by consulting
the original in Portuguese. In the event of any discrepancy, the original in Portuguese shall prevail.
INFORMAÇÃO PÚBLICA - PUBLIC INFORMATION
188/2020-PRE
New Download Table for Historic Files.
The fee schedule for the Cetip UTVM Segment's OTC products and services will be available as of January 4, 2021, at http://www.b3.com.br, Products and Services, Fee schedules, OTC market, Cetip UTVM segment fees, Fee schedule.
Further information can be obtained from Billing and Invoicing by telephone on
+55 11 2565-6459 or by email at gr.cofac- coordenacaodefaturamentoecobranca@b3.com.br.
Gilson Finkelsztain
Cícero Augusto Vieira Neto
Chief Executive Officer
Chief Operating Officer
This Circular Letter produces effects as of the date of its publication. Any specified time limits for validity shall
2
apply.
This free translation is not legally binding. Any questions arising from the text should be clarified by consulting
the original in Portuguese. In the event of any discrepancy, the original in Portuguese shall prevail.
INFORMAÇÃO PÚBLICA - PUBLIC INFORMATION
This is an excerpt of the original content. To continue reading it, access the original document here.
B3 SA Brasil Bolsa Balcao published this content on 29 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2021 14:27:03 UTC
B3 SA Brasil Bolsa Balcao, formerly BM&F Bovespa SA Bolsa de Valores Mercadorias e Futuros, is a Brazil-based financial market infrastructure provider. The Company's service offerings range from exchange trading, clearing and other post-trading services to registration of over-the-counter (OTC) transactions. The Company also provides a listing service and acts as central securities depository (CSD). It develops software solutions and offers index licensing services. Its business is divided into four segments: Bovespa, which covers trading, clearing and settlement of equities and equity derivatives; BM&F, which covers trading, clearing and settlement of financial and commodities derivatives; Cetip Securities (Cetip UTVM), covering registration, clearing, settlement and custody systems for fixed-income securities and OTC derivatives, and Cetip Financing (Cetip UFIN), which provides an integrated private electronic system for registration of vehicle and real estate loans.
B3 S.A. - BRASIL, BOLSA, BALCÃO 
