BM&F Ibovespa Index

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Note: This page refers to the Brazilian real - denominated Ibovespa, traded in Brazil. In October 2012, CME Group began listing a U.S. Dollar (USD)‐Denominated Ibovespa Futures contract.

Ibovespa futures
Exchange BM&FBovespa
Settlement Physically delivered
Contract Size The Ibovespa times the Brazilian Real value of each point, as established by BM&F
Pricing Unit R$ 5
Tick Value Need tick value!
Contract Months Even numbered months, although the exchange, at its discretion, may add additional months to be traded.
Last Trading Day The Wednesday closest to the 15th calendar day of the contract month. Should this day be a nontrading day or a holiday at BM&F, the last trading day shall be on the following business day.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 9:00 - 17:55, Sao Paolo time.
Ticker Symbol N/A IND
Price Limits N/A 10 percent of the previous day's settlement.