Argentine Peso

Argentine Peso Futures (BRL Pairs)

• The product

  The Brazilian Real Futures Contract per Argentine Peso may serve to protect or speculate on the currency price at a future date, as well as to investors who, for example, have receivables in Argentine Peso, or exposure to liabilities payments in the currency at future dates and even to trade on the currency trend in the future and thus make a profit.

• Specifications

  Underlying	The exchange rate of Brazilian Reals (BRL) per Argentine Peso (ARS).
  Ticker	ARB
  Contract size	ARS 150,000.00
  Quotation	BRL per ARS 1,000.00, to one decimal place
  Tick size	BRL 0.10 per ARS 1,000.00.
  Round-lot	1 contract
  Last trading day	Last trading day preceding the expiration date.
  Expiration date	1st business day of the contract month.
  Contract months	All months.
  Settlement on expiration	Cash settlement.

• Benefits
  • Protects the investor against price swings (hedging).
  • Enables position leverage.
  • Price transparency in electronic platform trades.