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E-micro Japanese Yen/American Dollar Futures Contract Specs

Contract Unit 1,250,000 JPY

If USD/JPY = .011765, then contract = $14,706 (= ¥ 1,250,000 x $.011765/¥)
Trading Hours CME Globex: Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday – closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT.
CME ClearPort: Sunday – Friday 5:00 p.m. – 4:15 p.m. Central Time (CT) with a 45–minute break each day beginning at 4:15 p.m. (CT)
Minimum Price Fluctuation 0.000001 USD/JPY (= US$1.25)
Product Code CME Globex: MJY
CME ClearPort: MJY
Clearing: MJY
Listed Contracts Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Settlement Method Deliverable
Termination Of Trading 9:16 a.m. on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).
Settlement Procedures E-Micro FX Futures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 294
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing