Canadian Dollar
Futures and Options
CAD/USD Weekly Tuesday Options - Contract Specs
| Contract Unit | One futures contract for 100,000 Canadian dollars |
|---|---|
| Minimum Price Fluctuation | 0.0001 per Canadian dollar increment = $10.00 0.00005 per Canadian dollar increment = $5.00 for premium below 0.0005 |
| Price Quotation | U.S dollars and cents per Canadian dollar 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: TL1,TL2,TL3,TL4,TL5 CME ClearPort: TL1,TL2,TL3,TL4,TL5 Clearing: TL1,TL2,TL3,TL4,TL5 |
| Listed Contracts | Weekly contracts listed for 2 consecutive weeks |
| Settlement Procedures | Physical - Exercise into Futures |
| Termination of Trading | Trading terminates at 9:00 a.m. CT on Tuesday of the contract week. |
| 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 | Canadian Dollar/U.S. Dollar (CAD/USD) Futures |
