PERLIN, Marcelo. The Microstructure of Tesouro Direto: The Sazonality of the Order Flow and the Formation of Spreads. Economia Aplicada, São Paulo, Brasil, v. 20, n. 3, p. 253–272, 2016. DOI: 10.11606/1413-8050/ea140191. Disponível em: https://revistas.usp.br/ecoa/article/view/124393. Acesso em: 12 feb. 2026.