Contract Unit 100,000 Brazilian real
Minimum Price Fluctuation 0.00005 per Brazilian real = $5.00
Price Quotation U. S. dollars per Brazilian real
Trading Hours CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
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
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
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 at 4:00 p.m. São Paulo time on the Friday of the contract week.  If that is not a Brazilian or U.S. business day, then trading terminates at 4:00 p.m. São Paulo time on the business day prior to 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/U.S. Dollar (BRL/USD) Futures