| E-micro USD/CHF Futures | |||||
|---|---|---|---|---|---|
| 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) | ||||
| Position Accountability | 100,000 E-micro contracts | ||||
| Ticker Symbol | M6S View product and vendor codes |
||||
| Minimum Price Fluctuation (Tick) | 0.0001 CHF/USD (=1.00 CHF) | ||||
| Contract Value | If CHF/USD = 1.2000 then contract = 12,000 CHF (= $10,000 x 1.2000 CHF/$) | ||||
| Trading Hours | 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 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45–minute break each day beginning at 5:15 p.m. (4:15 p.m. CT) | ||||
| Last Trade Date / Time View calendar |
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. | ||||
| EFP Eligibility | Yes. View more on EFPs. | ||||
| *The September (U) 2010 E-micro Forex futures contracts are cash settled. However, starting with the December (Z) 2010 contract, CME FX will be migrating the E-micro Forex futures contracts from being cash settled to physically delivered. This will enable active traders to carry larger positions in the E-micros and easily offset them with our standard size FX contracts – potentially generating more liquidity and tighter spreads in the E-micro Forex futures contracts. | |||||