Base contracts for the average
  • Cash-Settled Crystal Sugar Futures Contract (ACF)
  • Cash-Settled Crystal Sugar Rollover (RAC)
Applicable contracts
  • Cash-Settled Crystal Sugar Futures Contract (ACF)
  • Cash-Settled Crystal Sugar Rollover (RAC)
  • Call and Put Options on Cash-Settled Crystal Sugar Futures Contract

Specific unit cost calculation

form_calculo_unit_cost.png

Where:

Unit Cost = the cost calculated for the exchange fee or the variable registration fee for one contract;

legenda_P.png = average cost calculated for the exchange fee or the variable registration fee, based on the ADV and the tables below, on a progressive way.

Exchange fee and registration fee – fixed and variable components

ADV Exchange fee (BRL) Registration fee
From To Variable component (BRL) Fixed component (BRL)
1 25 0.82 0.75 0.1166181
26 50 0.80 0.72 0.1166181
51 85 0.73 0.64 0.1166181
86 120 0.70 0.62 0.1166181
121 250 0.65 0.57 0.1166181
More than 250 0.58 0.54 0.1166181

Structured operations are charged per leg.

Incentive policies

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.

  • Options: 50% of the unit cost calculated for the exchange fee and the variable registration fee;
  • Daytrade:
    • Futures: 50% of the unit cost calculated for the exchange fee and the variable registration fee of the futures;

Permanence fee

Contract Reduction factor (λ) Value per day (p)
Crystal sugar 1.00 BRL 0.012465

This fee is not charged for options.

Settlement fee

For the crystal sugar contracts, a settlement fee of BRL 1.70 will be charged per contract at the settlement.

Options exercise

Exercise of options on crystal sugar futures contracts will be charged as a crystal sugar futures contract.