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CAD/USD Options
Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 


Type

American Style Premium | American Style Volatility | European Style Premium | European Style Volatility

CAD/USD American Style Premium Options
Contract Size One futures contract for 100,000 Canadian dollars
Contract Month Listings Four months in the March quarterly cycle (Mar, Jun, Sep, Dec), 2 serial months and 4 weekly
Settlement Procedure Option on physical delivery futures contract
Position Accountability 6,000 contracts
Ticker Symbol American Style Quarterly and serial options:
CME Globex Electronic Markets: 6C
Open Outcry: CV
Puts: PV

American Style Weekly options:
CME Globex Electronic Markets: 6C1-6C5
Open Outcry: 1C - 5C
AON Code: LK

View product and vendor codes
Minimum Price Fluctuation (Tick) $.0001 per Canadian dollar increments ($10.00/contract). Also, trades may occur at $.00005 ($5.00), $.00015 ($15.00), $.00025 ($25.00), $.00035 ($35.00) and $.00045 ($45.00), when price is below five ticks of premium.
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.
Last Trade Date / Time
View calendar		 Quarterly and Serial 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 quarterly and serial options. (2:00 p.m. CT)
 
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
 
CAD/USD American Style Volatility Options
Contract Size One futures contract for 100,000 Canadian dollars
Contract Month Listings Four months in the March quarterly cycle (Mar, Jun, Sep, Dec), 2 serial months and 4 weekly
Settlement Procedure Option on physical delivery futures contract
Position Accountability 6,000 contracts
Ticker Symbol Volatility Quoted Options: V6C
Volatility Quoted Weekly Options: VC1-VC5

View product and vendor codes
Minimum Price Increment 0.025 percent of implied volatility. Following a volatility trade, CME Globex will convert the volatility-traded options position into a premium-based options position for clearing. This converted tick price will be rounded to the nearest minimum tick of $0.00001 per Canadian Dollar.
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.
Last Trade Date / Time
View calendar		 Quarterly and Serial 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 quarterly and serial options. (2:00 p.m. CT)

However, please note that volatility quote trading for a given option ends on the day before termination of trading. Premium-based trading continues through and including the termination of trading for the option.
 
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
 
CAD/USD European Style Premium Options
Contract Size One futures contract for 100,000 Canadian dollars
Contract Month Listings Four months in the March quarterly cycle (Mar, Jun, Sep, Dec), 2 serial months and 4 weekly
Settlement Procedure Option on physical delivery futures contract
Position Accountability 6,000 contracts
Ticker Symbol European Style Options:
CME Globex Electronic Markets: XD
Open Outcry: YD

European Style Weekly options:
CME Globex Electronic Markets: XD1-XD5
Open Outcry: 1D - 5D
AON Code: 0K

View product and vendor codes
Minimum Price Fluctuation (Tick) $.0001 per Canadian dollar increments ($10.00/contract). Also, trades may occur at $.00005 ($5.00), $.00015 ($15.00), $.00025 ($25.00), $.00035 ($35.00) and $.00045 ($45.00), when price is below five ticks of premium.
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.
Last Trade Date / Time
View calendar		 Quarterly and Serial Options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (9:00 a.m. CT)

Weekly Options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. (9:00 a.m. CT)
 
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.
 
CAD/USD European Style Volatility Options
Contract Size One futures contract for 100,000 Canadian dollars
Contract Month Listings Four months in the March quarterly cycle (Mar, Jun, Sep, Dec), 2 serial months and 4 weekly
Settlement Procedure Option on physical delivery futures contract
Position Accountability 6,000 contracts
Ticker Symbol European Style Volatility Quoted Options: VXC
European Style Volatility Quoted Weekly Options: VCA-VCE

View product and vendor codes
Minimum Price Fluctuation (Tick) 0.025 percent of implied volatility. Following a volatility trade, CME Globex will convert the volatility-traded options position into a premium-based options position for clearing. This converted tick price will be rounded to the nearest minimum tick of $0.00001 per Canadian Dollar.
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.
Last Trade Date / Time
View calendar		 Quarterly and Serial Options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (9:00 a.m. CT)

Weekly Options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. (9:00 a.m. CT)

However, please note that volatility quote trading for a given option ends on the day before termination of trading. Premium-based trading continues through and including the termination of trading for the option.
 
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.