Polish Zloty/Euro (PLN/EUR) Cross Rate
Futures and Options
PLN/EUR Monthly Options - Contract Specs
| Contract Unit | One futures contract for 500,000 Polish zloty |
|---|---|
| Minimum Price Fluctuation | CME Globex: 0.00002 per Polish zloty increment = €10.00 CME ClearPort: 0.000001 per Polish zloty increment = €0.50 |
| Price Quotation | Euro per Polish zloty 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: EPL CME ClearPort: Z Clearing: Z |
| 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 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 | Polish Zloty/Euro (PLN/EUR) Cross Rate Futures |
