• Reminder Regarding CME Brazilian Real/U.S. Dollar Futures and Options Daily Settlement Price Determination Times Synchronized with BM&FBOVESPA U.S. Dollar/Brazilian Real Futures

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6123
      • Notice Date
      • 17 February 2012
      • Effective Date
      • 27 February 2012

    • On Monday, February 27, 2012, the daily settlement price determination time for the CME Brazilian real (BRL) / U.S. dollar (USD) futures will shift to 1:00 PM Central Time (CT) from 12:00 noon CT due to Brazil ending its Daylight Saving Time (DST) observance on Saturday, February 25, 2012 and returning to Standard Time (ST). CME synchronizes its BRL/USD futures and options on futures contract daily settlement determination times to coincide with those of the BM&FBOVESPA USD/BRL futures contract (4:00 PM São Paulo time). Date changes from DST to ST and ST to DST in Brazil and the United States impact the CME BRL/USD product daily settlement determination times throughout the year.

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