Micro SOL Futures - Contract Specs
| Contract Unit | 25 SOL, as defined by the CME CF Solana-Dollar Reference Rate (SOLUSD_RR) |
|---|---|
| Price Quotation | U.S. dollars and cents per SOL |
| 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 BTIC London: Sunday - Friday 6:00 p.m. ET - 4:00 p.m London time (11:00 a.m./12:00 p.m. ET). Monday - Thursday 4:30 p.m. London Time (11:30 a.m./12:30 p.m. ET) - 5:00 p.m. ET. Friday 4:30 p.m. London Time (11:30 a.m./12:30 p.m. ET) - 5:00 p.m. ET for Monday’s Reference Rate. Monday - Thursday 5:00 p.m. - 6:00 p.m. ET daily maintenance period. BTIC NY: Sunday - Friday 6:00 p.m. - 4:00 p.m. ET with a 60-minute break each day beginning at 5:00 p.m. ET 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 BTIC London: Sunday 6:00 p.m. ET - Monday 4:00 p.m. London Time (11:00 a.m./12:00 p.m. ET). Monday - Thursday 1:00 p.m. ET - 6:45 p.m. ET and 7:00 p.m. ET to 4:00 p.m. London Time (11:00 a.m./12:00 p.m. ET). Monday - Friday 4:00 p.m. London Time - 1:00 p.m. ET and 6:45 p.m. - 7:00 p.m. ET daily maintenance period. BTIC NY: Sunday 6:00 p.m. - Friday 4:00 p.m. ET with a daily restart for the following day's reference rate at 7:00 p.m. ET |
| Minimum Price Fluctuation | $0.05 per SOL = $1.25 per contract BTIC: $0.01 per SOL = $0.25 per contract Calendar Spread: $0.01 per SOL = $0.25 per contract |
| Product Code | CME Globex: MSL CME ClearPort: MSL Clearing: MSL BTIC: "ONB","OLB" |
| Listed Contracts | Monthly contracts listed for 6 consecutive months, quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 additional quarters and a second Dec contract if only one is listed. |
| Settlement Method | Financially Settled |
| Termination of Trading | Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. If this is not both a London and U.S. business day, trading terminates on the prior London or U.S. business day. BTIC London: Trading terminates at 4:00 p.m. London time on the business day immediately preceding the day of Final Settlement Price determination for such futures contract. For clarity, BTIC transactions in expiring futures contracts may not be initiated on the Last Trade Date in such expiring futures. BTIC NY: Trading terminates at 4:00 p.m. New York time on the business day immediately preceding the day of Final Settlement Price determination for such futures contract. For clarity, BTIC transactions in expiring futures contracts may not be initiated on the Last Trade Date in such expiring futures. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | CME 440 |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
