South African Rand
Futures and Options
South African Rand Futures - Contract Specs
| Contract Unit | 500,000 South African rand |
|---|---|
| Price Quotation | U.S.dollars and cents per ZAR increment |
| 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 | CME Globex: 0.000025 per South African rand increment = $12.50 CME ClearPort: 0.000001 per South African rand increment = $0.50 |
| Product Code | CME Globex: 6Z CME ClearPort: RA Clearing: RA |
| Listed Contracts | Monthly contracts listed for 13 consecutive months and quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters |
| Settlement Method | Deliverable |
| Termination of Trading | Trading terminates at 9:16 a.m. CT, 2 business day prior to the third Wednesday of the contract month. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
