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MXN/USD Options
 


Type
 
MXN/USD Options
Contract Size One futures contract for 500,000 Mexican pesos
Contract Month Listings Twelve consecutive months and 4 weekly
Settlement Procedure Option on physical delivery futures contract
Position Accountability Trigger Level 6,000 contracts
Position Limit 20,000 contracts for Spot month****
Ticker Symbol Monthly options:
Open outcry: MP
Globex: 6M
Weekly optons: 1M-5M
AON Code: LM

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Minimum Price Fluctuation (Tick) $.000025 per Mexican peso increments ($12.50/contract).
Trading Hours OPEN OUTCRY (RTH) 7:20 a.m.-2:00 p.m.
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

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Monthly Options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (2:00 p.m. CT)

Weekly Options: Close of trading is on the four nearest Fridays that are not also terminations for monthly options. (2:00 p.m. 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 250 Contracts
EFP Eligibility Yes. View more on EFPs.
**** 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 or after the third business day before the termination of trading.