Base contracts for the average
  • Spot Gold  250 grams (OZ1D)
  • Gold Futures Contract (OZ1)
Applicable contracts
  • Spot Gold 250 grams (OZ1D)
  • Spot Gold 10 grams (OZ2)
  • Spot Gold 0.225 grams (OZ3)
  • Gold Futures Contract (OZ1)
  • Call and Put Options on Gold Spot Contract (250g)
  • Gold Forward Contract

Specific unit cost calculation

form_calculo_unit_cost_multiplier_dolar.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;

M = the contract multiplier to the equivalent of 250g, of which 0.04 to OZ2 and 0.0009 to OZ3;

Dollar = the offered PTAX foreign exchange rate on the last day of the month prior to that of the transaction.

Exchange fee and registration fee – fixed and variable components

ADV Exchange fee (USD) Registration fee
From To Variable component (USD) Fixed component (USD)
1 10 0.33 0.24 0.0319502
11 50 0.31 0.23 0.0319502
51 130 0.29 0.22 0.0319502
131 150 0.28 0.21 0.0319502
151 300 0.27 0.19 0.0319502
More than 300 0.24 0.17 0.0319502

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: 30% 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;
    • Options: 50% of the unit cost calculated for the exchange fee and the variable registration fee of the option;
    • Forward: 50% of the unit cost calculated for the exchange fee and the variable registration fee of the forward;
    • Spot: 50% of the unit cost calculated for the exchange fee and the variable registration fee of the spot;

Permanence fee

Contract Reduction factor (λ) Value per day (p)
Gold future 250g 1.00 USD 0.007
Gold forward 250g 1.00 USD 0.007

This fee is not charged for options, spot and fractions.

Settlement fee

For the gold futures contracts, a settlement fee of USD 0.58 will be charged per contract at the settlement. All other contracts are exempt.

Options exercise

Exercise of options on gold spot contract will be charged as spot gold 250 grams.