Hungarian Forint/Euro (HUF/EUR) Cross Rate
Futures and Options
HUF/EUR Monthly Options - Contract Specs
| Contract Unit | One futures contract for 30,000,000 Hungarian forint |
|---|---|
| Minimum Price Fluctuation | 0.0000002 per Hungarian forint increment = €6.00 (euro) 0.0000001 per Hungarian forint increment = €3.00 (euro) for premium below 0.0000010 |
| Price Quotation | Euro per Hungarian forint increment |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a daily maintenance period from 4:00 p.m. - 5:00 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: EHU CME ClearPort: R Clearing: R |
| Listed Contracts | Quarterly contracts (Mar, Jun, Sep, Dec) listed for 2 consecutive quarters and serial contracts listed for 3 consecutive months |
| Settlement Procedures | Option on physical delivery futures contract |
| Termination of Trading | Trading terminates at 9:00 a.m. CT on the second Friday immediately prior to the third Wednesday of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Exercise Style | European style. Auto-exercised against CME Group FX Fixing Price; no contrary instructions allowed. In-the-money (ITM) strikes exercised. Out-of-the-money (OTM) strikes abandoned. An option is ITM if the CME Group FX Fixing Price for the underlying futures contract is equal to or above the strike price in the case of a call or below the strike price in the case of a put. |
| Settlement Method | Deliverable |
| Underlying | Hungarian Forint/Euro (HUF/EUR) Cross Rate Futures |
