The January 2012 BRL/USD futures and options termination of trading day is Thursday, December 29, 2011 at 9:15 AM CT. The Central Bank of Brazil (Banco Central do Brasil) has confirmed that the end-of month spot “PTAX Rate” that it will publish on Friday, December 30, 2011, will be the same rate as determined and published on Thursday, December 29, 2011. CME uses the reciprocal of the end-of-month “PTAX Rate” to cash settle expiring BRL/USD futures and options contracts.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.