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JPY/USD Options
 


Type
 
JPY/USD American Style Premium Options
Contract Size One futures contract for 12,500,000 Japanese yen
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 10,000 contracts
Ticker Symbol American Style Quarterly and serial options:
CME Globex Electronic Markets: 6J
Open Outcry: CJ
Puts: PJ

American Style Weekly options:
CME Globex Electronic Markets: 6J1-6J5
Open Outcry: 1J - 5J
AON Code: LJ

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Minimum Price Fluctuation (Tick) $.000001 per Japenese yen increments ($12.50/contract). Also, trades may occur at $.0000005 ($6.25), $.0000015 ($18.75), $.0000025 ($31.25), $.0000035 ($43.75), $.0000045 ($56.25), 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
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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.
Block Trade Eligibility Yes. View more on Block Trade eligible contracts.
Block Trade Minimum - Options 250 contracts
EFP Eligibility Yes. View more on EFPs.