The stock exchange announced that the changes will come into effect in April and will allow customers to trade crypto and gold futures 12 hours a day. B3 said it aimed to provide more flexibility for these products through changes to trading time schedules.
Brazil’s B3 changes trading schedule for cryptocurrencies and gold futures
B3, Brazil's largest stock exchange, is making changes to offer more trading time to crypto and gold futures investors.
According to local media, the company has decided to extend trading hours for its crypto futures contract products, including Bitcoin (BIT), Ethereum (ETR), and Solana (SOL). This new trading time schedule will also include gold.
The changes will take effect in March and will be implemented in two phases. first phase. The scheme, which starts on March 9, will allow investors to trade these instruments from 8 a.m. to 6:30 p.m. The second phase will extend trading hours to 8pm starting April 20th.
B3 said these changes are in response to demand for “increased flexibility for trading in a regulated environment” following increased interest in crypto assets and gold-related products.
It stressed that it will continue to monitor the situation in other trading instruments, paving the way for more contracts to be integrated into this new trading schedule.
With this change, B3 still lags behind traditional crypto exchanges that offer 24-hour trading on most products. Nevertheless, it focuses on the demands of institutional investors, positioning the stock exchange as the most accessible and regulated option.
Nasdaq also filed paperwork in December that would allow 24-hour trading on its platform. Wells Fargo called the move “literally the worst thing in the world,” and its trading desk criticized the gamification of the stock market, saying it would lead to “trading becoming even more of a gamble.”
read more: Brazil’s B3 stock exchange launches Ether and Solana futures
Frequently Asked Questions About New Trading Hours for B3 Cryptocurrency and Gold Futures
What changes will B3 bring to crypto and gold futures traders?
B3 extends trading hours for crypto futures including: Bitcoin (BIT), Ethereum (ETR), Solana (SOL)The same goes for gold products.When will these new trading hours take effect?
The changes are implemented below. two phases, starting March 9; From 8:00 a.m. to 6:30 p.m.and then extended April 20th 8pm.Why is B3 making these changes?
The purpose of the exchange is Increased trading flexibility It responds to the growing interest in cryptocurrencies and gold futures in a regulated environment.How do B3's trading hours compare to traditional crypto exchanges?
Although B3's business hours have improved, they still fall short of traditional cryptocurrency exchanges. 24 hour tradingpositioning B3 as the most accessible regulatory option for institutional demands.
