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Brazilian Real Futures Contract Specs

Contract Size 100,000 Brazilian reais
Contract Month Listings Consecutive contract month listings (Jan., Feb., Mar., Apr., May, etc.) for a total maturity range out 10 years
Settlement Procedure

Daily BRL/USD Settlement Procedure (PDF)
Final BRL/USD Settlement Procedure (PDF)

Position Limits 30,000 futures-equivalent contracts in a single month;
60,000 futures-equivalent contracts in all months combined**
Ticker Symbol CME Globex Electronic Markets: 6L
Open Outcry: BR
AON Code: LZ

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Minimum Price Fluctuation (Tick) $.00005 per Brazilian real increments ($5.00/contract).
Trading Hours CME Globex (ETH) 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)
Open Outcry (RTH) 7:20 a.m. – 2:00 p.m. Central Time (CT)
Last Trade Date / Time

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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).
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
Block Trade Eligibility Yes. View more on Block Trade eligible contracts.
Block Trade Minimum 50 Contracts
EFRP Eligibility Yes. View more on EFRPs.