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Chinese Renminbi/USD Futures Contract Specs

Contract Size 1,000,000 Chinese renminbi
Contract Month Listings Thirteen consecutive calendar months plus 8 deferred March quarterly cycle contract months
Daily Settlement Procedure Daily RMB/USD Settlement Procedure (PDF)
Position Accountability Trigger Level 6,000 contracts
Position Limit 2,000 contracts for Spot month***
Ticker Symbol CME Globex Electronic Markets: RMB

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Minimum Price Fluctuation (Tick) $.00001 per Chinese renminbi increments ($10.00/contract). $.000005 per Chinese renminbi increments ($5.00/contract) for RMB/USD futures intra-currency spreads executed electronically.
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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April 2013 - June 2014 expiries: Trading ceases at 9:00 a.m. Beijing time* on the first Beijing business day immediately preceding the third Wednesday of the contract month (i.e., In Chicago, 7:00 p.m. CT on Monday night during the winter and 8:00 p.m. CT on Monday night during the summer).

Starting with the July 2014 expiry: Trading ceases at 9:00 a.m. Beijing time* on the second Beijing business day immediately preceding the third Wednesday of the contract month (i.e., In Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m. CT on Sunday night during the summer).

Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
Block Trade Eligibility Yes. View more on Block Trade eligible contracts.
Block Trade Minimum 50 Contracts
EFP Eligibility Yes. View more on EFPs.