Reminder of CME Brazilian Real/U.S. Dollar Futures and Options Daily Closes & Settlement Price Determination Times Synchronized with BM&FBOVESPA U.S. Dollar/Brazilian Real Futures

As you were notified in CME Group Special Executive Report, S-5801, dated Wednesday, June 15, 2011, effective on Sunday, June 19, 2011, for the trade date of Monday, June 20, 2011, CME synchronized its Brazilian real/U.S. dollar futures and options daily closes and settlement price determination time with that of the BM&FBOVESPA U.S. dollar/Brazilian real futures contract. Due to different schedules for implementation of Daylight Saving Time (DST) in Brazil and the U.S., CME has adjusted its daily close and settlement price determination times throughout the year and these times are either the current 2:00 PM Central Time (CT) for 31 continuous weeks or 1:00 PM CT for 3 continuous weeks on two separate occasions or 12:00 noon CT for 15 continuous weeks. Please note that due the start of DST in Brazil on Sunday, October 16, 2011, the daily settlement time for CME BRL/USD futures and options contracts will be 1:00 PM CT starting Monday, October 17, 2011.

For the full Special Executive Report, please click here (PDF).