CNY/USD Monthly Options - Contract Specs
| Contract Unit | One futures contract for 1,000,000 Chinese renminbi |
|---|---|
| Minimum Price Fluctuation | Outright: 0.00001 per Chinese renminbi increment = $10.00. CAB 0.000005 per Chinese renminbi increment = $5.00 when premium is below 0.00005 |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 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: RMB CME ClearPort: RMB Clearing: RMB |
| Listed Contracts | Monthly contracts listed for 12 consecutive months |
| Settlement Procedures | Option on cash-settled futures contract |
| Termination of Trading | Trading terminates at 9:00 a.m. Beijing time (7:00/8:00 p.m. CT) on the second Beijing business day immediately preceding 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 |
| Settlement Method | Deliverable |
| Underlying | Chinese Renminbi/U.S. Dollar (RMB/USD) Futures |
