CME Group Euro FX

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Euro futures
Exchange CME Group
Settlement Physically delivered
Trade Unit 125,000 euros
Point Value 1 point = $.0001 per Euro = $12.50 per contract
Tick Value Regular - 0.0001=$12.50; Calendar Spread - 0.00005=$6.25; All or None - 0.00005=$6.25
Contract Months 6 months - Mar, Jun, Sep, Dec cycle
Last Trading Day The second business day before third Wednesday of the contract month
  Open Outcry Electronic
Trading Hours 7:20 a.m.-2:00 p.m. Chicago time (9:16 a.m. on last trading day) Mon/Thurs 5:00 p.m.-4:00 p.m. Sun & Hol 3:00 p.m.-4:00 p.m. Chicago time
Ticker Symbol EC 6E
Price Limits N/A N/A
 
Euro options
Trade Unit One futures contract
Point Value 1 point = $.0001 per Euro = $12.50 per contract
Tick Value Regular - 0.0001=$12.50; Cabinet trade - 0.00005=$6.25; Special "Half Tick" - 0.00005=$6.25 for premium<0.0005, spreads w/net premium<0.0005, non-generic combo trades<0.0010.
Option Months 4 Quarterly, 2 Serial, 4 Weekly
Strike Prices All listed intervals for open outcry; 16 strikes up & down, and including, the strike nearest the money on Globex.
Exercise Style American*
Option Expiration Day Quarterly and Serial Options: Trading terminates at the close of trading on the second Friday immediately preceding the third Wednesday of the contract month; If that is an Exchange holiday, trading in quarterly and serial options terminate on the immediately preceding business day. Weekly Options: Trading terminates at the close of trading on those Fridays that are not also the termination of trading of a quarterly or serial option; if that date is an Exchange holiday, trading in weekly options terminate on the immediately preceding business day.
  Open Outcry Electronic
Trading Hours 7:20 a.m.-2:00 p.m. Chicago time (9:16 a.m. on last trading day) Mon/Thurs 5:00 p.m.-7:15 a.m. & 2:00 p.m.-4:00 p.m.; Sun & Hol 5:00 p.m.-7:15 a.m.; Side by side trading effective 12/18/06 Mon/Thurs 5:00 p.m.-4:00 p.m. and Sun & Hol 3:00 p.m.-4:00 p.m.
Ticker Symbol N/A Clearing: Calls/Puts=EC. Ticker Calls and Puts: EC. Globex: 6E. Weekly Expiration Options (open outcry): Calls = 1XC/5XC, Puts = 1XP/5XP, AON = UG; Globex = 6E1-6E5
Price Limits N/A N/A

Notes

*Note that the exchange in mid-2006 also introduced European-style delivery for the following products: the euro, British pound, Swiss franc, Canadian dollar, Japanese yen. Contract specs: [1]

E-quivalents®, a Web-based application that displays real-time CME Group eFX futures prices in spot equivalent terms is available for traders accustomed to trading FX spot markets. [2]

Also See

CME Group foreign currency products


Resources

CME Group Web site

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