BM&FBOVESPA Launched Trading of Eight Currency Futures Contracts

OREANDA-NEWS. August 16, 2011. BM&FBOVESPA launched on August 15 eight new currency futures contracts – two mini contracts and six contracts for currencies that are new for the Exchange.

The Mini Dollar Futures Contract (WDO) is similar to the current Mini Dollar Futures Contract (WDL) with the exception of its size, which will be USD 10,000.

With this change, the new contract will represent 20% of the size of the regular Dollar Futures Contract, thus having the same proportional relationship as between the mini and regular Ibovespa futures contracts.

The Mini Euro Futures Contract (WEU) is similar to the Euro Futures Contract (EUR), including its settlement price mechanism, and differs only in size which shall be €10,000, representing 20% of the size of the regular contract.

Details about each of the contracts are available below. Simply click on the name of each of the contracts.