Market
Flexibles
Total freedom to define the contracts
This operation allows buying or selling an asset for a pre-determined price between the parties, until the established final date by the “bearer” and the “issuer”. While negotiating Flexibles, the size, the expire-date and the price of the contract are freely agreed by the parties. These sums are subject to the operational limits established by BM&FBOVESPA.
The buyer of these options, have some rights and pays a certain amount for these rights, to the seller, which, in counterpart, has obligations. These amounts are named “Premium”. In case the buyer doesn’t exercise his or her rights, he/she will have to pay only the Premium.