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Brazilian Real/US Dollar (BRL/USD) Weekly Options - Contract Specs

Contract Unit 100,000 Brazilian Real
Minimum Price Fluctuation $0.00005 per Brazilian Real
Price Quotation U. S. Dollars per Brazilian Real
Trading Hours CME Globex: Sunday - Friday:  6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m.CT) with a 60-minute break each day  beginning at 5:00 p.m.(4:00 p.m. CT)
CME ClearPort: Sunday - Friday; 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m.CT) with a 60-minute break each day beginning at 5:00 p.m.(4:00 p.m. CT)
Open Outcry: Monday - Friday 7:20 a.m. – 2:00 p.m. Central Time (CT)
Product Code CME Globex: 1R,2R,3R,4R,5R
CME ClearPort: 1R,2R,3R,4R,5R
Open Outcry: 1R,2R,3R,4R,5R
Clearing: 1R,2R,3R,4R,5R
Listed Contracts Weekly contracts listed for 4 consecutive weeks with Friday  expirations.
Settlement Procedures Option on cash-settled futures contract

To reduce basis risk between the CME Brazilian real/U.S. dollar futures & options and the BM&FBOVESPA U.S. dollar/Brazilian real futures & options contracts, CME Settlements Team will determine the daily settlement prices at 4:00 PM Sao Paulo time each day.2
Termination Of Trading Trading terminates on the Friday of the contract week. If that is not a business day in ("BANKING - BRAZIL" and "CTM") then it is the business day prior to the Friday
Position Limits CME Position Limits
Exchange Rulebook CME 257A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Exercise Style European
Settlement Method Deliverable
Underlying Brazilian Real Futures