CME Group Chinese Renminbi

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Chinese Renminbi Futures
Contract Unit 1,000,000 Chinese renminbi
Trading Hours CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m/ CT with a 60-minute break each day beginning at 4:00 p.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation Outrights: 0.00001 per Chinese renminbi = $10.00.

Intra-currency spreads: 0.000005 per Chinese renminbi = $5.00

Product Code CME Globex: RMB

CME ClearPort: RMB

Clearing: RMB

Listed Contracts Monthly contracts listed for 13 consecutive months and quarterly contracts (Mar, Jun, Sep & Dec) listed for 8 consecutive quarters
Settlement Method Financially Settled
Termiantion of Trading Trading terminates at 9:00 a.m. Beijing time on the second Beijing business day prior to the third Wednesday of the contract month (7:00 p.m. CT on Sunday during the winter and 8:00 p.m. CT on Sunday during the summer).
Settlement Procedures RMB/USD Futures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 270
Block Minimum Block Minimum Thresholds
Price Limit or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Chinese Renminbi Options
Contract Unit One futures contract for 1,000,000 Chinese renminbi
Minimum Price Fluctuation $.00001 per Chinese renminbi increments ($10.00/contract). Also, trades may occur at $.000005, ($5), $.000015 ($15), $.000025 ($25), .000035 ($35), .000045 ($45), when price is below five ticks of premium.
Trading Hours CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code CME Globex: RMB

CME ClearPort: RMB

Clearing: RMB

Listed Contracts Twelve consecutive months
Settlement Procedures Option on cash-settled futures contract
Termination of Trading At the same date and time as the underlying futures contract. Trading ceases at 9:00 a.m. Beijing time* on the second Beijing business day immediately preceding the third Wednesday of the contract month (i.e., In Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m. CT on Sunday night during the summer).
Position limits CME Position Limits
Exchange Rulebook CME 270A
Block Minimum Block Minimum Thresholds
Price Limit or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Exercise Style European
Settlement Method Deliverable
Underlying Chinese Renminbi/USD Futures

Notes[edit]

CME Group also offers Chinese Renminbi weekly options, for contract specification, please refer to Chinese Renminbi Contract Specifications Weekly Option

Resources[edit]