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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2020
DERIVATIVE FINANCIAL INSTRUMENTS  
Summary of operation related to derivatives

 

 

 

 

 

 

    

12/31/2020

    

12/31/2019

Amounts receivable for spot and forward transactions pending settlement

 

143,944

 

350,680

Amounts payable for spot and forward transactions pending settlement

 

 —

 

 —

 

 

143,944

 

350,680

 

Summary of notional value of options and outstanding forward and futures contracts

 

 

 

 

 

 

    

12/31/2020

    

12/31/2019

Forward sales of foreign exchange without delivery of underlying assets

 

3,189,269

 

446,195

Forward purchases of foreign exchange without delivery of underlying assets

 

1,647,980

 

579,188