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I am from Brazil and I trade DOL/BRL pair on BMF&Bovespa Exchange (brazilian exchange).
Would like to know if there is anybody here either trading the same product or trading a correlated product like DOL/BRL in CME exchange.
I wouldn't touch it myself. Just looked at the volume on the CME and the Brazilian Real futures are doing about 5000 contracts a day. Compare that to roughly 200,000 a day on the 6E (euro) or 6J (Yen). There isn't enough liquidity there for me. Unless there is a compelling reason for you to trade the Real such as hedging your exports why do it?
