|Base contracts for the average||
Unit Cost = the cost calculated for the exchange fee or the variable registration fee for one contract;
= average cost calculated for the exchange fee or the variable registration fee, based on the ADV and the tables below, on a progressive way;
Dollar = the offered PTAX foreign exchange rate on the last day of the month prior to that of the transaction.
|ADV||Exchange fee (USD)||Registration fee|
|From||To||Variable component (USD)||Fixed component (USD)|
|More than 200||0.28||0.22||0.0319502|
Structured operations are charged per leg.
The incentive policies below affect only the exchange fee and the variable registration fee. The fixed registration fee remains the same as described on the table.
|Contract||Reduction factor (λ)||Value per day (p)|
|Arabica coffee||1.00||USD 0.0055532|
This fee is not charged for options.
For the arabica coffee contracts, the settlement fee charged will be 0.045% over the settlement notional.
Exercise of options on arabica coffee futures contracts will be charged as an arabica coffee futures contract.