Customer Service
info@cmegroup.com
800-331-3332 or 312-930-2316
Russian Ruble
Russian ruble options provide a way to:
- Limit downside risk while maintaining exposure to the relative value of the U.S. dollar compared to the Russian ruble
- Manage risks associated with currency rate fluctuations in the FX markets
- Take advantage of profit opportunities stemming from changes in those rates
Things to know:
- Trading terminates on the 15th calendar day of the contract month at 11 a.m. Moscow time
- Cash-settled, like our equities products
- Settlement is in U.S. dollars. There is no physical exchange of Russian rubles for U.S. dollars on the delivery date.
- There are 4 quarterly expirations plus 4 weekly expirations
- Premium-quoted with American style expiration
- Exercise is permitted at any time on or before the expiration date
- You can view free real-time prices in spot equivalent terms and in U.S. dollars per Russian ruble at www.cme.com/e-quivalents
- Trades electronically on the CME Globex platform
- Available virtually around the clock, around the world
- Complete price transparency and anonymity
- Also trades side-by-side on the CME Group trading floor during open outcry trading hours
- CME Clearing clears and settles all trades and guarantees counterparty creditworthiness
View free real-time quotes on a variety of electronically traded CME Group products
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.
| Trade Unit | One Russian rubles futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point Size | 1 point = $.00001 per Russian ruble = $25.00 per contract | ||||||
| Strike Price Interval | |||||||
| Strike | 9 strikes up & down, and including, the strike nearest the money. | ||||||
| Limits/Price Banding | No limits | ||||||
| Tick Size (Minimum Fluctuation) |
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| Trading Hours | Mon/Thurs 5:00 p.m.-7:15 a.m. & 2:00 p.m.-4:00 p.m. Sun & Hol 5:00 p.m.-7:15 a.m SxS effective 12/18/06 Mon/Thurs 5:00 p.m.-4:00 p.m. Sun & Hol 3:00 p.m.-4:00 p.m. | ||||||
| Listed | |||||||
| Product Codes | Clearing Calls/Puts=RU Ticker Calls=RU Ticker Puts=RU Globex=6R Weekly Expiration Options: Calls=1UC/5UC Puts=1UP/5UP AON=UU (50 Threshold) | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in a Quarterly Cycle, Mar, Jun, Sep, & Dec. View current product listings |
| Trade Unit | One Russian rubles futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point (Tick) Size | 1 point = $.00001 per Russian ruble = $25.00 per contract | ||||||
| Strike Price Interval | |||||||
| Strike | All listed intervals | ||||||
| Limits/Price Banding | No limits | ||||||
| Minimum Fluctuation |
|
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| Trading Hours | 7:20 a.m.-2:00 p.m. | ||||||
| Listed | |||||||
| Product Codes | Clearing Calls/Puts=RU Ticker Calls=RU Ticker Puts=RU Globex=6R Weekly Expiration Options: Calls=1UC/5UC Puts=1UP/5UP AON=UU (50 Threshold) | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in a Quarterly Cycle, Mar, Jun, Sep, & Dec. View current product listings |
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.
| Contract Month | Product Code | First Trade Date | Last Trade Date | Settlement Date | |
| SEP08 | RUU08 | 09/18/2007 |  |
09/15/2008 | 09/15/2008 |
| DEC08 | RUZ08 | 12/17/2007 | |
12/15/2008 | 12/15/2008 |
| MAR09 | RUH09 | 03/18/2008 | |
03/16/2009 | 03/16/2009 |
| JUN09 | RUM09 | 06/16/2008 | |
06/15/2009 | 06/15/2009 |
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.