Customer Service
info@cmegroup.com
800-331-3332 or 312-930-2316
Canadian Dollar
Canadian dollar options provide a way to:
- Limit downside risk while maintaining exposure to the relative value of the U.S. dollar compared to the Canadian dollar
- Manage risks associated with currency rate fluctuations in the FX markets
- Take advantage of profit opportunities stemming from changes in those rates
Things to know:
- Contract is premium-quoted and offers both American- and European-style expirations
- American-style expiration permits exercise at any time on or before the expiration date
- European-style expiration permits exercise only on the options’ expiration date
- You can trade 4 months in the March quarterly cycle, 2 serial months and 4 weekly expiration options
- Exercised options result in the delivery of futures contracts
- You can view free real-time prices in spot equivalent terms and in U.S. dollars per Canadian dollar at www.cme.com/e-quivalents
- Trades electronically on the CME Globex platform
- Available virtually around the clock, around the world
- Complete price transparency and anonymity
- Also trades side-by-side on the CME Group trading floor during open outcry trading hours
- CME Clearing clears and settles all trades and guarantees counterparty creditworthiness
Interested in trading our other Canadian dollar FX products?
View free real-time quotes on a variety of electronically traded CME Group products
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.
| Trade Unit | One Canadian dollar futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point Size | 1 point = $.0001 per Canadian dollar = $10.00 per contract | ||||||
| Strike Price Interval | |||||||
| Strike | 24 strikes up & down, and including, the strike nearest the money. | ||||||
| Limits/Price Banding | No limits | ||||||
| Tick Size (Minimum Fluctuation) |
|
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| Trading Hours | 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 Mon/Thurs 5:00 p.m.-4:00 p.m. Sun & Hol 3:00 p.m.-4:00 p.m. | ||||||
| Listed | |||||||
| Product Codes | Clearing Calls/Puts=C1 Ticker Calls=CV Ticker Puts=PV Globex=6C Weekly Expiration Options: Floor Calls=1CC/5CC Puts=1CP/5CP AON=LK Globex 6C1-6C5 | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in the March cycle and two months not in the
March cycle, plus 4 weekly expirations View current product listings |
| Trade Unit | One Canadian dollar futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point (Tick) Size | 1 point = $.0001 per Canadian dollar = $10.00 per contract | ||||||
| Strike Price Interval | |||||||
| Strike | All listed intervals | ||||||
| Limits/Price Banding | No limits | ||||||
| Minimum Fluctuation |
|
||||||
| Trading Hours | 7:20 a.m.-2:00 p.m. | ||||||
| Listed | |||||||
| Product Codes | Clearing Calls/Puts=C1 Ticker Calls=CV Ticker Puts=PV Globex=6C Weekly Expiration Options: Floor Calls=1CC/5CC Puts=1CP/5CP AON=LK Globex 6C1-6C5 | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in the March cycle and two months not in the
March cycle, plus 4 weekly expirations View current product listings |
| Trade Unit | One Canadian Dollar futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point (Tick) Size | 1 point = $.0001 per Canadian dollar = $10.00 per contract | ||||||
| Strike Price Interval | |||||||
| Strike | 16 strikes up & down, and including, the strike nearest the money | ||||||
| Limits/Price Banding | No limits | ||||||
| Minimum Fluctuation |
|
||||||
| Trading Hours | Sun/Fri 3:00 p.m.-4:00 p.m. LTD 9:00 a.m. | ||||||
| Listed | |||||||
| Product Codes | Clearing & Open Outcry=YD GLOBEX=XD Weekly Expiration Options: Open outcry=1D-5D GLOBEX=XD1-XD5 AON=0K(100 Threshold) | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in the March cycle and two months not in the
March cycle, plus 4 weekly expirations.Current Listings European Exercise Style Only!
View current product listings |
| Trade Unit | One Canadian Dollar futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point (Tick) Size | 1 point = $.0001 per Canadian dollar = $10.00 per contract | ||||||
| Strike Price Interval | |||||||
| Strike | All listed intervals | ||||||
| Limits/Price Banding | No Limits | ||||||
| Minimum Fluctuation |
|
||||||
| Trading Hours | 7:20 a.m.-2:00 p.m.(Chicago time); occurs side by side with GLOBEX. | ||||||
| Listed | All listed series | ||||||
| Product Codes | Clearing & Open Outcry=YD GLOBEX=XD Weekly Expiration Options: Open outcry=1D-5D GLOBEX=XD1-XD5 AON=0K(100 Threshold) | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in the March cycle and two months not in the
March cycle, plus 4 weekly expirations.Current Listings European Exercise Style Only!
View current product listings |
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.
| Contract Month | Product Code | First Trade Date | Last Trade Date | Settlement Date | |
| AUG08 | 5CQ08 | 07/28/2008 |  |
08/29/2008 | 08/29/2008 |
| SEP08 | CDU08 | 09/10/2007 | |
09/05/2008 | 09/05/2008 |
| SEP08 | 2CU08 | 08/04/2008 | |
09/12/2008 | 09/12/2008 |
| SEP08 | 3CU08 | 08/18/2008 | |
09/19/2008 | 09/19/2008 |
| SEP08 | 4CU08 | 08/25/2008 | |
09/26/2008 | 09/26/2008 |
| OCT08 | CDV08 | 07/07/2008 | |
10/03/2008 | 10/03/2008 |
| NOV08 | CDX08 | 08/11/2008 | |
11/07/2008 | 11/07/2008 |
| DEC08 | CDZ08 | 12/10/2007 | |
12/05/2008 | 12/05/2008 |
| MAR09 | CDH09 | 03/10/2008 | |
03/06/2009 | 03/06/2009 |
| JUN09 | CDM09 | 06/09/2008 | |
06/05/2009 | 06/05/2009 |
| Contract Month | Product Code | First Trade Date | Last Trade Date> | Settlement Date | |
| OCT08 | 2CV08 | 09/02/2008 | |
10/10/2008 | 10/10/2008 |
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.