Brazilian Real Futures Contract Specs
| Contract Unit | 100,000 Brazilian reais | ||||
| 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 | $.00005 per Brazilian real increments ($5.00/contract). | ||||
| Product Code | CME Globex: 6LCME ClearPort: BRClearing: BR | ||||
| Listed Contracts | Monthly contracts listed for 60 consecutive months. | ||||
| Settlement Method | Financially Settled | ||||
| Termination Of Trading | On the last business day of the month, at 9:15 a.m. CT, immediately preceding 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 | ||||
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