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South African Rand Futures Contract Specs

Contract Size 500,000 South African rand
Contract Month Listings Thirteen consecutive calendar months plus two-deferred March quarterly cycle months
Settlement Procedure Daily ZAR/USD Settlement Procedure (PDF)
Final ZAR/USD Settlement Procedure (PDF)
Position Accountability Trigger Level 6,000 futures-equivalent contracts
Position Limits 20,000 futures-equivalent contracts for Spot month***
Ticker Symbol CME Globex Electronic Markets: 6Z
Open Outcry: RA
AON Code: UR

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Minimum Price Fluctuation (Tick) $.000025 per South African rand increments ($12.50/contract).
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)
Open Outcry (RTH) 7:20 a.m. – 2:00 p.m. Central Time (CT)
Last Trade Date / Time

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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 Yes. View more on Block Trade eligible contracts.
Block Trade Minimum 50 Contracts
EFP Eligibility Yes. View more on EFPs.

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