Client Management Advisory Notice
Subject | Brazilian Real Futures and Options Contracts Termination of Trading Day Has Been Changed.
Effective Date | 12/22/00
Notice Number | S-3625
The termination of trading day for the January 2001 Brazilian real futures and options contracts has been changed to Thursday, December 28, 2000 from Friday, December 29, 2000 (the last business day of the month for the Central Bank of Brazil and the usual termination of trading day). The termination of trading time remains unchanged at 2:00 PM. The termination of trading day change is being made because the Central Bank of Brazil will be releasing the spot rate used by the Exchange for the Final Settlement Price for the January 2001 Brazilian real futures contract on Thursday, December 28, 2000 at approximately 6:00 PM Paulo time (2:00 PM Chicago time). Please note that currently, there are 375 contracts of open interest in the January 2001 Brazilian real futures and no open interest in the January 2001 Brazilian real options contracts. If you have any questions, please contact Mr. Scott Brusso, Director, Currency Products, at (312) 930-3133, or Mr. Dick McDonald, Managing Director, Product Development at (312) 930-4574 or Mr. Steven Youngren, Associate Director, Financial Product Development, at (312) 930-4583.