Underlying | The spread between the interest rate and the exchange rate variation: the interest rate calculated from the difference between the capitalized DI rates verified in the period between the trade date and the last trading day, and the exchange rate variation PTAX800 verified in the period between the business day preceding the trade date and the last trading day. |
Ticker | DDI |
Contract size | Unit price (PU) times the point value in US Dollars (USD), with each point being equivalent to fifty cents (USD0.50). |
Quotation | Interest rate, expressed as a linear percentage per annum, based on 360 calendar days, to two decimal places. |
Tick size | 0.001%. |
Round-lot | 1 contract. |
Last trading day | Last trading day preceding the expiration date. |
Expiration date | 1st business day of the contract month. |
Contract months | All months. |
Settlement on expiration | Cash settled on the business day following the expiration date by the (unit price) of 100,000 points. |
| |