| Contract Size |
One (1) futures contract |
| Quote |
Quoted in 500 jobs or minimum fluctuation of 0.5 (=$12.50) |
| Contract Months |
Contracts available for all NFP releases, listed on the Monday after the previous month’s release |
| Trading Hours |
Offered exclusively on CME Globex electronic trading platform on Sundays through Thursdays from 5:00 p.m. to 4:00 p.m. Central Time next day |
| Last Trading Day |
Trading in an expiring contract concludes at 7:25 a.m. CT on the first Friday of the contract month or such other day on which NFP figures are scheduled to be released by the BLS. |
| Final Settlement Procedure |
American-style options may be exercised into on (1) futures contract. |
| Strike Prices |
Established at 10 point (or 10,000 jobs) intervals from -500,000 to +500,000 jobs. |
| Price Limit |
Movement of value of a call (put) is effectively capped (floored) by virtue of price limit applied to futures contract. |
| Minimum Block Size |
20 contracts |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
