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Brazilian Real Futures Contract Specs

Contract Unit 100,000 Brazilian reais
Trading Hours CME Globex: Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday – closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT.
CME ClearPort: Sunday – Friday 5:00 p.m. – 4:15 p.m. Central Time (CT) with a 45–minute break each day beginning at 4:15 p.m. (CT)
Minimum Price Fluctuation $.00005 per Brazilian real increments ($5.00/contract).
Product Code CME Globex: 6L
CME ClearPort: BR
Clearing: BR
Listed Contracts Consecutive contract month listings (Jan., Feb., Mar., Apr., May, etc.) for a total maturity range out 10 years
Settlement Method Financially Settled
Termination Of Trading On the last business day of the month, at 9:15 a.m. CT, immediately preceding 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).
Settlement Procedures BRL/USD Futures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 257
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing