BRAZILIAN REAL

BRAZILIAN REAL · CHICAGO MERCANTILE EXCHANGE · CFTC code 102741 · week ending 2026-10-06

Trader category

Range

Leveraged Money is net long 20.4% of open interest — a crowded long

Leveraged Money holds a net position of 27,396 contracts, or 20.4% of the 134,541 contracts of open interest, leaving the category net long. That is more than two standard deviations above its three-year average — positioning is stretched, and stretched positioning is fuel for a sharp unwind if the narrative changes (z = +2.05 and sits at 96 on a 0–100 scale of its three-year range). In contracts, the net position moved +17,843 while open interest moved −12,163 — short covering, with the move coming from shorts closing out rather than new buyers arriving. That is +13.85pp as a share of open interest.

Net position as a share of open interest

Leveraged Money · blue above the line is net long, red below is net short

Open interest

The denominator. Positioning shares mean little without knowing whether the market itself is growing or shrinking.

Z-score vs its own 3-year history

Shaded beyond ±2σ. Measures how unusual today's share is for this market.

COT Index (0–100)

Rank within the 3-year range. Shaded below 10 and above 90.

Weekly flow, adjusted for open interest

Change in the net share week over week, in percentage points of open interest.

Who is on the other side

Net share of open interest by trader group. The groups net to zero — every long is someone's short.

Dealer / Intermediary Asset Manager Leveraged Money Other Reportable Non-Reportable

The classic Commercial / Large Speculator split is not offered for financial futures. The CFTC's financial taxonomy (Dealer, Asset Manager, Leveraged Money) is a different cut rather than a subdivision of the legacy one, and no combination of its categories reproduces the legacy figures, so presenting one would be a guess.

Recent weeks (table view)

Week	Open interest	Net	Net % OI	Δ pp	Z	COT Idx
2026-10-06	134,541	27,396	20.36%	13.85	2.05	96
2026-09-29	146,704	9,553	6.51%	-6.23	0.70	69
2026-09-22	117,063	14,917	12.74%	-1.15	1.31	81
2026-09-15	115,887	16,105	13.90%	-8.58	1.44	83
2026-09-08	110,644	24,871	22.48%	9.87	2.30	100
2026-09-01	127,273	16,046	12.61%	1.42	1.34	85
2026-08-25	131,553	14,713	11.18%	-1.13	1.19	82
2026-08-18	113,408	13,968	12.32%	5.26	1.27	73
2026-08-11	118,155	8,333	7.05%	-2.10	0.72	55
2026-08-04	111,605	10,214	9.15%	14.88	0.88	58
2026-07-28	136,397	−7,810	-5.73%	-6.44	-0.49	35
2026-07-21	110,652	786	0.71%	-0.87	0.07	45