| Underlying Instrument |
Quarterly Options: The Euroyen futures contract month that corresponds to the option contract month.
Serial Options: The next Euroyen futures contract month in the quarterly cycle. For example, the underlying futures contract for options that expire in January or February is the March futures contract. |
Tick Size
(minimum fluctuation) |
Quoted in IMM Index points.
One-half of one basis point (0.005 = 1,250 yen) for the first four quarterly expirations contract months and the first two serial contract months.
One basis point (0.01 = 2,500 yen) for all other contract months.
Cabinets (0.0012 = 300 yen). |
| Strike Price Interval |
0.125 intervals for the first two quarterly and first two serial expiration months, e.g., 95.375, 95.500, etc.
0.25 intervals for all other expiration months, e.g., 95.00, 95.25, etc. |
| Contract Months |
Eight months in the March quarterly cycle (Mar, Jun, Sep, Dec), plus two serial months (months not in the March quarterly cycle). |
| Last Trading Day |
Quarterly Options: The same date and time as the underlying futures contract (Second Tokyo bank business day immediately preceding the third Wednesday of the contract month). Trading in expiring contracts closes at 11:00 a.m. Tokyo time on the last trading day.
Serial Options: The Friday preceding the third Wednesday of the contract month. |
| Exercise |
Options are American Style and are exercised by notifying the Clearing House by 7:00 p.m. on the day of exercise. In-the-money options that have not been exercised shall be automatically exercised following expiration in the absence of contrary instructions. |
| Position Limits |
Current Position Limits |
| Block Minimum |
Block Trading Minimums |
| All or None Minimum |
All or None Minimums |
| Rulebook Chapter |
CBOT Chapter 501A |
Trading Hours
(All times listed are Central Time) |
OPEN OUTCRY
MON-FRI: 7:20 a.m. - 2:00 p.m.
CME GLOBEX
SUN-FRI: 5:00 p.m. - 4:00 p.m.
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| Ticker Symbol |
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| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
