| 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;
Term = term of the operation, in reserve days, limited to a minimum of 1 and maximum of 290 days.
Exchange fee and registration fee – fixed and variable components
| ADV | Exchange fee | Registration fee | ||
|---|---|---|---|---|
| From | To | Variable component | Fixed component (BRL) | |
| 1 | 13,100 | 0.0002373 | 0.0001933 | N/A |
| More than 13,100 | 0.0000617 | 0.0000502 | N/A | |
For structured operations, exchange fee and variable registration fee are due only for the option of the structured operations.
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: 30% of the unit cost calculated for the exchange fee and the variable registration fee.
Options exercise
Exercise of options on IDI index will be charged as an option on IDI index.
