FX Products
View an FX Product
KRW/USD Futures
 
 
KRW/USD Futures
Contract Size 125,000,000 Korean won
Contract Month Listings Thirteen consecutive calendar months plus 2 deferred March quarterly cycle contract months
Settlement Procedure Daily KRW/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: KRW

View product and vendor codes
Minimum Price Fluctuation (Tick) $.0000001 per Korean won increments ($12.50/contract).
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
Trading ceases at 3:30 p.m. Seoul Time* on the second business day immediately preceding the third Wednesday of the contract month (usually Monday), which would be either 12:30 a.m. (winter) or 1:30 a.m. (summer) CT on the second business day preceding the third Wednesday of the contract month (usually early Monday morning CT).
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.
*Seoul time is 15 hours ahead of Central Time in the winter and 14 hours ahead of Central Time in the summer, Korea does not observe Daylight Saving Time.

*** Position accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position accountability trigger Level), such person will provide in a timely fashion, upon request by CME Group Market regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. therefore, overall positions do not have a finite limit. Spot Month Position Limit: however, a position held in the expiring contract month may not exceed the spot month position limit on the business day one week before termination of trading.
 
Calgary Houston Chicago New York Washington São Paulo Belfast London Singapore Hong Kong Seoul Tokyo
  • © 2013 CME Group Inc. All rights reserved.
  • CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of five Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, COMEX and KCBT.