BRAZILIAN REAL FUTURES - CONTRACT SPECS

Contract Unit 100,000 Brazilian reais
Price Quotation U.S. dollars and cents per BRL increment
Trading Hours CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation 0.00005 per Brazilian real increment = $5.00
Product Code CME Globex: 6L
CME ClearPort: BR
Clearing: BR
Listed Contracts Monthly contracts listed for 60 consecutive months
Settlement Method Financially Settled
Termination Of Trading Trading terminates at 9:15 a.m. CT on the last business day of the month prior to 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).
Settlement Procedures BRL/USD Futures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 257
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing