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These products are aimed at clients who are looking to cover or speculate on a specific underlying asset. Currently, only futures on the following derivatives are available on the Colombian market: TRM, Ecopetrol, Preferencial Bancolombia, Pacific Rubiales, Colcap, TES, IBR and IPC. The price of derivatives, depend on or are derived from the behavior of the underlying asset. A derivative is an agreement for the purchase or sale of the asset, at a specified future date and at a set price.