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).
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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 |