Brazilian Real
Futures and Options
Brazilian Real Futures - Contract Specs
| Contract Unit | 100,000 Brazilian reais |
|---|---|
| Price Quotation | U.S. dollars and cents per BRL increment |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT |
| Minimum Price Fluctuation | CME Globex: 0.00005 per Brazilian real increment = $5.00 CME ClearPort: 0.000005 per Brazilian real increment = $0.50 |
| Product Code | CME Globex: 6L CME ClearPort: BR Clearing: BR |
| Listed Contracts | Monthly contracts listed for 60 consecutive months |
| Settlement Method | Financially Settled |
| Termination of Trading | Trading terminates at 9:15 a.m. CT on the last business day of the month prior to the contract month, on which the Central Bank of Brazil is scheduled to publish its final end-of-month (EOM), "Commercial exchange rate for Brazilian reais per U.S. dollar for cash delivery" (PTAX rate). |
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