U.S. Dollar Fees | B3
Applicable contracts
  • Spot US Dollar (USDP)

Exchange fee

The exchange fee value is determined on a sliding scale, based on the daily volume of spot U.S. Dollar transactions originating from the electronic trading system, per participant. Fee calculation is by tier, as follows, respecting the total of each tier:

emol_cambio_pronto_EN.png

Where:

TCAM: exchange rate published by B3 for each day’s T+2 transactions;

Value per tier: value of the exchange fee in each tier of the table below:

Daily volume per institution Exchange fee (per USD million)
From (USD millions) To (USD millions)
0 150 USD0.84
150 250 USD0.67
250 350 USD0,50
350 450 USD0.34
450 700 USD0.17
More than 700 USD0.08

Incentive policies

  • Day Trade: 50% reduction on the original value calculated for each tier’s exchange fee

Registration fee

Regular operations

Registration fee calculation is on a sliding scale, based on the daily volume of transactions, per institution, of the buyer and seller, per participant. Fee calculation is per tier, as follows, respecting the total of each tier:

tr_cambio_pronto_nm_EN.png

Where:

TCAM: exchange rate published by B3 for each day’s T+2 transactions;

Value per tier: value of the registration fees in each tier of the table below:

Daily volume per institution Registration fee (per USD million)
From (USD millions) To (USD millions)
0 150 USD10.00
150 250 USD8.00
250 350 USD6.00
350 450 USD4.00
450 700 USD2.00
More than 700 USD1.00

Incentive policies

  • Transactions originating in the electronic trading system: 35% reduction on the original value calculated for the registration fee of each tier. Should an institution register, on the same day, transactions both originating from the electronic trading system and from outside of it, the incentive will be applied as of the first tier, up until the full value of the transactions originating in the electronic trading system.

U.S. Dollar repos

For U.S. Dollar repos, the registration fee (TR) will be calculated by the following formula:

tr_repo_EN.png

Where:

TCAM:  exchange rate published by B3 for each day’s T+2 transactions;

Repo fee valueUSD5.00