| Base contracts for the average |
|
| Applicable contracts |
|
Specific unit cost calculation
Where:
Unit Cost = the cost calculated for the exchange fee or the variable registration fee for one contract;
= 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 = contract multiplier, holding the value of BRL 25.00;
I = inflation index number (IPCA) released for the month prior to the calculation.
Exchange fee and registration fee – fixed and variable components
| ADV | Exchange fee (pts) | Registration fee | ||
|---|---|---|---|---|
| From | To | Variable component (pts) | Fixed component (BRL) | |
| 1 | 10 | 0.0000024 | 0.0000026 | 0.1166181 |
| 11 | 50 | 0.0000023 | 0.0000024 | 0.1166181 |
| 51 | 130 | 0.0000022 | 0.0000023 | 0.1166181 |
| 131 | 150 | 0.0000021 | 0.0000021 | 0.1166181 |
| 151 | 300 | 0.0000020 | 0.0000020 | 0.1166181 |
| More than 300 | 0.0000017 | 0.0000018 | 0.1166181 | |
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) |
|---|---|---|
| IPCA | 0.90 | BRL 0.01280 |
Settlement fee
For the IPCA contracts, a settlement fee of BRL 1.15 will be charged per contract at the settlement.
