Base contracts to the average
  • Ten-Year U.S. Treasury Note Futures Contract (T10)
Applicable contracts
  • Ten-Year US Treasury Note Futures Contract (T10)

Specific unit cost calculation

form_calculo_unit_cost_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;

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 25 0.53 0.59 0.0319502
26 50 0.50 0.57 0.0319502
51 200 0.45 0.51 0.0319502
201 250 0.42 0.47 0.0319502
251 400 0.39 0.45 0.0319502
More than 400 0.34 0.39 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.

  • 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)
US T Note 1.00 USD 0.0099

Settlement fee

For the sovereign debt contracts a settlement fee of USD 1.20 will be charged per contract at the settlement.