| Underlying Instrument |
The corresponding One-Month LIBOR futures contract month. |
Tick Size
(minimum fluctuation) |
Quoted in IMM Index points.
One-quarter of one basis point (0.0025 = $6.25) |
| Strike Price Interval |
Strike prices will be listed in intervals of 0.125 increments for all contract months, e.g., 92.125, 92.25, 92.375, 92.50, etc. |
| Contract Months |
First 12 consecutive calendar months. |
| Last Trading Day |
The same date and time as the underlying futures contract. |
| Exercise |
Options are American Style and are exercised by notifying the Clearing House by 7:00 p.m. on the day of exercise. Unexercised options shall expire at 7:00 p.m. CT on the last trading day. In-the-money options that have not been exercised shall be automatically exercised following expiration in the absence of contrary instructions. |
| Position Limits |
None |
| Block Minimum |
Block Trading Minimums |
| All or None Minimum |
Not Available |
| Rulebook Chapter |
CBOT Chapter 453A |
Trading Hours
(All times listed are Central Time) |
OPEN OUTCRY
MON-FRI 7:20 a.m. - 2:00 p.m.
CME GLOBEX
n/a - Traded exclusively Open Outcry
|
| Ticker Symbol |
CME GLOBEX
n/a - Traded exclusively Open Outcry
|
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
