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E-micro American Dollar/Japanese Yen Futures Contract Specs

Contract Size 10,000 U.S. dollars
Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Settlement Procedure

Daily E-Micro FX Cross Rate Futures Settlement Procedure (PDF)
Final E-micro USD/JPY Settlement Procedure (PDF)

Position Accountability 100,000 E-micro contracts
Ticker Symbol M6J

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Minimum Price Fluctuation (Tick) 0.01 JPY/USD (=¥100)
Contract Value If JPY/USD = 93.00 then contract = ¥930,000 (= $10,000 x 93.00¥/$)
Trading Hours CME Globex (ETH) 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)
Last Trade Date / Time
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9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
Block Trade Eligibility No.
EFRP Eligibility Yes. View more on EFRPs.