Contract specifications for event contracts

View the details you need for every event contract to trade them.

Event contracts expirations

Asset Class Product Code Event Contract Daily Expiry Quarter-End Expiry Year-End Expiry
Cryptocurrency ECBTC Bitcoin futures      
Energy ECCL Light Sweet Crude Oil futures      
ECNG Henry Hub Natural Gas futures      
Equity Index ECES E-mini S&P 500 futures      
ECNQ E-mini Nasdaq-100 futures      
ECRTY E-mini Russell 2000 futures       
ECYM E-mini Dow Jones Industrial Average futures      
FX EC6E Euro/U.S. Dollar (EUR/USD) futures      
Metals ECGC Gold futures      
ECSI Silver futures      
ECHG Copper futures      

Contract specifications

CME Globex Trading Hours
All times are in central Prevailing Time (CPT)
All Contracts: CME Globex Pre Open: Sunday 4:00 - 5:00 p.m. Monday - Thursday 4:45 - 5:00 p.m.
ECES; ECNQ; ECRTY; ECYM; ECBTC Sunday 5:00 p.m. - Friday 3:00 p.m. Next Day's Event Contract will list at 5:00 p.m.
EC6E Sunday 5:00 p.m. - Friday 2:00 p.m.
ECSI Sunday 5:00 p.m. - Friday 12:25 p.m.
ECHG Sunday 5:00 p.m. - Friday 12:00 p.m.
ECCL; ECNG Sunday 5:00 p.m. - Friday 1:30 p.m.
Contract Size 1 contract = $100
Price Quotation U.S. Dollars
Listing Schedule

All event contracts: One daily contract listed on the principal contract month of the underlying futures

ECES and ECNQ: One quarter-end contract and one year-end contract listed on the respective deferred contract month of the underlying futures

Settlement Method Financial
Option Style European
Exercise Procedure Exact At-The-Money Characteristics (with no contrary instructions)
Exact At-The-Money Characteristics Exercise puts, calls expire with no value
Termination of Trading

All products: trading will terminate at the end of the daily settlement period of the underlying futures contract on the expiration date of the relevant event contract.

Daily contracts have an expiration date equal to the current trade date. Quarter-end and year-end contracts (which are listed far in advance of their expiration date) have an expiration date equal to the last trading date of the upcoming quarter or year.

When the current date is equal to the last trade date of a quarter or year, only one contract will be available for trading; no additional daily contract will be listed on such date.

Final Settlement $0 or $100
Maximum Order Quantity 250 contracts
Accountability Level Each Event Contract will have its own Single Month Accountability Level of 2,500 contracts
Block Eligible No

 

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