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South African Rand Options Contract Specs

Options
Contract Unit One futures contract for 500,000 South African Rand
Minimum Price Fluctuation $.000025 per South African rand increments ($12.50/contract).
Trading Hours CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
CME ClearPort: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
Open Outcry: 7:20 a.m. – 2:00 p.m. Central Time (CT)
Product Code CME Globex: RO
CME ClearPort: RA
Open Outcry: RO
Clearing: RA
Listed Contracts Twelve consecutive months
Settlement Procedures Option on physical delivery futures contract
Termination Of Trading Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (2:00 p.m. CT)
Position Limits CME Position Limits
Exchange Rulebook CME 259
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Settlement Method Deliverable
Underlying South African Rand Futures