On Monday, October 22, 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 2:00 PM CT due to Brazil beginning Daylight Saving Time (DST) observance on Sunday, October 21, 2012, while the United States remains on DST for the next two weeks. Then on Monday, November 5, 2012, the daily settlement price determination time for the CME BRL / USD futures will shift to 12:00 noon CT as the United States begins Standard Time (ST) on Sunday, November 4, 2012. 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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