USD-DENOMINATED IBOVESPA INDEX FUTURES - CONTRACT SPECS
| 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 |
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| Minimum Price Fluctuation |
Outrights 5 index points = $5 Calendar Spreads 5 index points = $5 |
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| Product Code | CME Globex: IBVCME ClearPort: IBVClearing: IBVBTIC: IBB | ||||
| 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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