CME Group Eurodollars
From MarketsWiki
 |
|---|
| Eurodollar futures | ||
|---|---|---|
| Exchange | CME Group | |
| Settlement | Cash settled | |
| Trade Unit | Eurodollar Time Deposit having a principal value of $1,000,000 with a three-month maturity | |
| Point Value | $25 | |
| Tick Value | $12.50; $6.25 for nearest expiring month. | |
| Contract Months | Mar, Jun, Sep, Dec, 40 months in the March quarterly cycle, and the 4 nearest serial contract months | |
| Last Trading Day | Futures trading shall terminate at 11:00 a.m. (London Time) 5:00a.m. (Chicago Time on the second London bank business day before the third Wednesday of the contract month. (Due to the 5:00 a.m. terminate time, the last day of trading for contracts listed on RTH - Regular Trading Hours - will be the third business day immediately preceding the third Wednesday of the contract month). | |
| Open Outcry | Electronic | |
| Trading Hours | 7:20 a.m.-2:00 p.m. (Chicago time) | Mon/Thurs 5:00 p.m.-4:00 p.m. ; Shutdown period from 4:00 p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-4:00 p.m. (Chicago time) |
| Ticker Symbol | ED | GE |
| Price Limits | None | 200 points |
| Eurodollar options | ||
| Trade Unit | One futures contract | |
| Point Value | $25.00 (1 point = .01) | |
| Tick Value | $12.50; $6.25 for nearest expiring month. (Half Tick - 0.005; nearest expiring month - Quarter tick - 0.0025) | |
| Option Months | Mar, Jun, Sep, Dec. 8 months in the March quarterly cycle and 2 serial months not in the March cycle. | |
| Strike Prices | All listed intervals | |
| Option Expiration Day | Need OED rules! | |
| Open Outcry | Electronic | |
| Trading Hours | 7:20 a.m.-2:00 p.m. (Chicago time) | Mon/Thurs 5:00 p.m.-4:00 p.m. ; Shutdown period from 4:00 p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-4:00 p.m. (Chicago time) |
| Ticker Symbol | See right | Clearing: Calls/Puts=ED; Globex=GE; Ticker Calls=CE; Ticker Puts=PE; AON=OW. 1-YR MID-CURVES (Clearing: Calls/Puts=E0; Globex=GE0; AON=W0). 2YR MID-CURVES (Clearing: Calls/Puts=E2; Globex=GE2; AON=W2). 5YR MID-CURVES (Clearing: Calls/Puts=E5; Globex=GE5; AON=W5) |
| Price Limits | Trading halts when primary futures contract is locked at limit. | N/A |
Notes
Please note: CME Group Eurodollar futures are eligible for mutual offset (MOS) with the Singapore Exchange.
Also See
CME Group interest rate products
