Brazilian Real

Discussion in 'Financial Futures' started by philly, Jun 9, 2006.

  1. philly

    philly

    Where can I trade brazilian real with decent volume?
     
  2. meskhot

    meskhot

    There is a future on the IMM but no volume. The only way is to trade on the OTC market with a bank that has a local custodian. It must be NDF (non deliverable forward), minimum size $1M.
    I used to trade it with banks lile Citi or JP.
     
  3. Daal

    Daal

    why they keep the contract alive with no volume