Base contracts for the average
  • One-Day Interbank Deposit Futures Contract (DI1)
Applicable contracts
  • One-Day Interbank Deposit Futures Contract (DI1)

Specific unit cost calculation

form_unit_cost_individually100_000k.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;

Term =  term of the operation, in reserve days, limited to a minimum of 1 and maximum of 290 days. For the DI1 Options, the term is given by the difference between the trade date and the maturity date of the underlying future.

Exchange fee and registration fee – fixed and variable components

ADV Exchange fee Registration fee
From To Variable component Fixed component (BRL)
1 100 0.0006732 0.0005482 N/A
101 1,260 0.0006396 0.0005209 N/A
1,261 2,800 0.0005722 0.0004660 N/A
2,801 7,300 0.0005386 0.0004386 N/A
7,301 47,900 0.0005049 0.0004112 N/A
More than  47,900 0.0004376 0.0003563 N/A

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: 35% 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)
DI1 0.73 BRL 0.00816

This fee is not charged for options.

Settlement fee

For the DI1 contracts, a settlement fee of BRL 0.01166 will be charged per contract at the settlement.

Options exercise

 Exercise of options on DI1 futures contracts will be charged as a DI1 futures contract.