Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

BM&FBOVESPA: Change In The Market Closing Hours For Stock Index Futures And Options Contracts

Date 01/10/2010

BVMF informs you that, as of October 4, 2010, BM&FBOVESPA will change the market closing hours for stock index futures and options, as follows:

Stock Index Futures and Options Contracts

Contract   Ticker   Regular Hours
Opening Closing
Ibovespa Futures FUT IND 09:00( 4) 17:30(3)
Ibovespa Rollover FUT IR1 09:00( 4) 17:30(3)
Mini Ibovespa Futures FUT WIN 09:00( 4) 17:30(3)
Ibovespa Forward Points FUT FWI 09:00( 4) 17:30(3)
IBrX-50 Futures FUT BRI 09:00( 4) 17:30(3)
Options on Ibovespa Futures OPF IND 09:00( 4) 17:30(3)
Ibovespa Volatility OPF VOI 11:30 (1)(2) 17:30(3)

1. Trading starts after the electronic opening call. 2. Daily calls at 11:30 and 15:30. 3. On the futures contract’s expiration date, regular trading hours will close at 17:00 for the expiring contracts. 4. The pre-opening phase will begin 5 minutes before trading starts.

 

For the Ibovespa Futures Contract, the settlement price corresponding to the first month will be calculated by the weighted arithmetic average of trades executed during the 15-minute trading period from 17:00 to 17:15, except on the contract’s expiration date.

On the expiration date, the settlement price will be calculated by the weighted average of the Ibovespa Index for the last three hours of trading in the cash market.