About US Dollar Futures
BYMA offers trading in US Dollar Futures contracts. These contracts fix the price for buying or selling a specific US dollar amount on a future date. Parties in these contracts must exchange the daily peso-denominated monetary flow that results from the contract's value changes until maturity.
Trading U.S. Dollar Futures contracts allows you to:
- Hedge or protect against exchange rate movements.
- Obtain additional profitability in the event of a possible upward or downward movement of the exchange rate.
Main features of US Dollars Futures contracts
Ticker
DO
Trading Currency
ARS
Minimum Trading Quantity
1 contract equivalent to $1,000
Minimum Price Fluctuation
One Argentine peso cent ($0.01)
Expiration Dates
All months of the year
Last Day of Negotiation
Last business day of the traded contract month
About Dollar Futures trading
Underlying Asset
Wholesale U.S. dollar reference rate of the Central Bank of Argentina (Communication "A" 3500).
Trading Currency
ARS
Contract size
One (1) lot of USD 1,000.
Trading and Listing Currency
ARS (Argentine Pesos)
Trading Modalities
-Retail
-Wholesale
-Repo
-SISTACO BLOCK
Available Expirations
12 months of the year
Expiration and last trading day
Last business day of the contract month
Initial margin
Monthly adjustment factor of initial margin
Market fees
Fixed USD fee per contract (See Release).
Minimum price variation
One Argentine peso cent ($0.01).
Maximum price variation
Up to a value equivalent to 100% of the margins required by BYMA.
Settlement method
By the difference between the adjustment price of the futures contract and the purchase/sale price negotiated between the parties.
For more information click here.
Relevant information and circulars
BYMAEDUCA
Futures Training
BYMA specialists explain different investment alternatives, including Futures.
FINANCIAL INSTRUMENTS
Investment alternatives
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