Euro/Japanese Yen
Futures and Options
EUR/JPY Weekly Friday Options - Contract Specs
| Contract Unit | One futures contract for 125,000 Euro |
|---|---|
| Minimum Price Fluctuation | 0.01 per Euro increment = 1,250 Japanese yen 0.005 per Euro increment = 625 Japanese yen for premium below 0.05 |
| Price Quotation | Japanese yen per Euro 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: 1H,2H,3H,4H,5H CME ClearPort: 1H,2H,3H,4H,5H Clearing: 1H,2H,3H,4H,5H |
| Listed Contracts | Weekly contracts listed for 4 consecutive weeks. No weekly contract listed the week of the quarterly or serial option expiration. |
| Settlement Procedures | Option on physical delivery futures contract |
| Termination of Trading | Trading terminates at 9:00 a.m. CT on Friday 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 | EUR/JPY Futures |
