| Contract Size |
One futures contract for 500,000 South African rand |
| Contract Month Listings |
Twelve consecutive months and 4 weekly |
| Settlement Procedure |
Option on physical delivery futures contract |
| Position Accountability Trigger Level |
6,000 futures-equivalent contracts |
| Position Limit |
5,000 futures-equivalent contracts for Spot month*** |
| Ticker Symbol |
Monthly options: RA
Weekly options: 1N-5N
AON Code: UR
View product and vendor codes |
| Minimum Price Fluctuation (Tick) |
$.000025 per South African rand increments ($12.50/contract). |
| Trading Hours |
OPEN OUTCRY (RTH)
7:20 a.m.-2:00 p.m.
GLOBEX (ETH)
Sundays: 5:00 p.m. – 7:15 a.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 7:15 a.m. CT the next day and 2:00 p.m. to 4:00 p.m. CT.
|
Last Trade Date / Time
View calendar |
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. |
