Czech Koruna/Euro (CZK/EUR) Cross Rate
Futures and Options
CZK/EUR Monthly Options - Contract Specs
| Contract Unit | One futures contract for 4,000,000 Czech koruna |
|---|---|
| Minimum Price Fluctuation | CME Globex: 0.000002 per Czech koruna increment = 8€ Spreads: 0.000001 per Czech koruna increment = 4€ CME ClearPort: 0.0000001 per Czech koruna increment = 0.40€ |
| Price Quotation | Euro per Czech koruna 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: ECZ CME ClearPort: K Clearing: K |
| Listed Contracts | Quarterly contracts (Mar, Jun, Sep, Dec) listed for 2 consecutive quarters and serial contracts listed for 3 consecutive months |
| Settlement Procedures | Options 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 | Czech Koruna/Euro (CZK/EUR) Cross Rate Futures |
