FX Monthly Futures Contract Specifications

Contract Specifications

  Euro Futures Japanese Yen Futures British Pound Futures Australian Dollar Futures Canadian Dollar Futures EUR/GBP Futures
Product Code 6E 6J 6B 6A 6C RP
Contract Size 125,000 EUR 12,500,000 JPY 62,500 GBP 100,000 AUD 100,000 CAD 125,000 EUR
Contract Months 3 Monthlies (in addition to current offering of 20 Quarterlies) 3 Monthly contracts (in addition to current offering of 6 Quarterlies)
Quotation Quoted in USD per EUR Quoted in USD per JPY Quoted in USD per GBP Quoted in USD per AUD Quoted in USD per CAD Quoted in GBP per EUR
Tick Outrights:
0.00005 USD per EUR (6.25 USD)

Consecutive Month Spreads: 0.00001 USD per EUR (1.25 USD)

All Other Spread Combinations: 0.00005 USD per EUR (6.25 USD)
Outrights:
0.0000005 USD per JPY (6.25 USD)

Consecutive  Month Spreads: 0.0000001 USD per JPY (1.25 USD)

All Other Spread Combinations: 0.0000005 USD per JPY (6.25 USD)
Outrights:
0.0001 USD per GBP (6.25 USD)

Consecutive Month Spreads:
0.00001 USD per GBP (0.625 USD)

All Other Spread Combinations:
0.0001 USD per GBP (6.25 USD)
Outrights:
0.0001 USD per AUD (10.00 USD)

Consecutive Month Spreads:
0.00001 USD per AUD (1.00 USD)

All Other Spread Combinations:
0.00005 USD per AUD (5.00 USD)
Outrights:
0.00005 USD per CAD (5.00 USD)

Consecutive Month Spreads:
0.00001 USD per CAD (1.00 USD)

All Other Spread Combinations:
0.00005 USD per CAD (5.00 USD)
Outrights:
0.00005 GBP per EUR (6.25 GBP)

Consecutive Month Spreads:
0.00001 GBP per EUR (1.25 GBP)

All Other Spread Combinations:
0.000025 GBP per EUR (3.25 GBP)
Last Trading Day 9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday) 9:16 a.m. CT on the business day immediately preceding the third Wednesday of the contract month (usually Tuesday) 9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday)
Daily Settlement Settlement prices established at 14:00 CT
Contract Settlement Physical Delivery
Trading Hours CME Globex and CME ClearPort: Sunday – Friday, 17:00 – 16:00 CT, with a 60-minute break each day beginning at 16:00 CT and no 17:00 CT session on Friday
Position Accountability Single & All Months: 10,000 Contracts                            Single & All Months: 6,000 Contracts
Reportable Limits 200 Contracts 25 Contracts
Block Trade Monthlies: 20 Contracts
Quarterlies: 150 Contracts
Spreads: Sum of the legs must equal the higher of the two block thresholds
Monthlies: 20 Contracts
Quarterlies: 100 Contracts
Spreads: Sum of the legs must equal the higher of the two block thresholds
Monthlies: 20 Contracts
Quarterlies: 50 Contracts
Spreads: Sum of the legs must equal the higher of the two block thresholds
EFRPs Allowed
Matching Algorithm Outrights: FIFO Spreads: Pro-Rata

For more information visit cmegroup.com/fx or contact us on fxteam@cmegroup.com.