Contract Unit $1 x Ibovespa Index
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET)

.BTIC: Sunday - Friday 6:00 p.m. - 4:00 p.m. ET

Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET
Minimum Price Fluctuation Outrights 5 index points = $5
Calendar Spreads 5 index points = $5
Product Code CME Globex: IBV
CME ClearPort: IBV
Clearing: IBV
Listed Contracts Four bi-monthly contracts (Feb, Apr, Jun, Aug, Oct, Dec cycle)
Settlement Method Financially Settled
Termination Of Trading 5:00 p.m. Sao Paulo Time on the Wednesday closest to the 15th calendar day of the contract month. If it is a non-trading day at BM&F Bovespa, trading shall terminate on the next trading day.
Settlement Procedures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 354
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limit or Circuit Breaker
Vendor Codes Quote Vendor Symbols Listing

About USD-Denominated Ibovespa Index Futures

U.S. dollar-denominated Ibovespa futures offer easy and efficient access to Brazil’s benchmark equity index, the Bovespa Index, or Ibovespa. A free-float weighted index, Ibovespa is comprised of stocks traded on the Sao Paulo Stocks, Mercantile & Futures Exchange. 


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