ESTR Options - Contract Specs
| Contract Unit | 1 ESTR Futures contract |
|---|---|
| Minimum Price Fluctuation | 1/4 of 0.01 IMM index points (0.0025 = €6.25) |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (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 |
| Product Code | CME Globex: ESR CME ClearPort: ESR Clearing: ESR |
| Listed Contracts | Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and the 4 nearest serial month contracts |
| Termination of Trading | Trading terminates on the Friday prior to the 3rd Wednesday of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | Strike prices listed in intervals of 6.25 basis points (0.0625 price points) in a range of 150 basis points above and 150 basis points below the strike price closest to the previous daily settlement price for the underlying futures contract. Strike prices will be listed in intervals of 25 basis points (0.25 price points) in a range of 550 basis points above and 550 basis points below the strike price closest to the previous daily settlement price for the underlying futures contract. |
| Settlement Method | Deliverable |
| Underlying | Euro Short-Term Rate (€STR) Futures |
