Product Overview

What are Micro USD/CAD futures?

Micro USD/CAD futures are FX contracts designed to give traders of all sizes the ability to take a position on the relative value of the US dollar to the Canadian dollar, or “Loonie.” Listed in the OTC-style quoting convention, each contract controls $10,000 worth of Canadian dollars for a new way to fine-tune your FX exposure and enhance your trading strategies.

Why trade Micro USD/CAD futures?

  1. Take a position on Canada’s economic growth, which is heavily dictated by the global oil market, mining sector, or lumber market.
  2. Customize your currency exposure with a smaller-sized contract, traded in the world’s largest regulated FX marketplace.
  3. Enjoy the liquidity of the sixth most widely held reserve currency and one of the most traded currencies in the world.

How do you trade Micro USD/CAD futures?

If you have exposure to foreign currencies or are looking to accept risk in the FX marketplace, trading Micro USD/CAD futures offers you the opportunity to hedge your risk or express an opinion on the value of one currency versus another.

Ready to get started trading futures? You’ll need to open an account with a broker. Click here to view a broker list

Contract Specifications


Contract Month

Two months in the March quarterly cycle (Mar, Jun, Sep, Dec).

Trading Hours

Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
CME Globex Pre-Open: 4:45 p.m. – 5:00 p.m. CT

Product

Micro USD/CAD

Contract Size

$10,000 US Dollars

Trading Venue

CME offers electronic trading almost 24/5

Minimum Tick

0.0001 CAD per USD = C$1.00

Product Symbol

M6C

Value of One Tick

If CAD per USD = 1.20, then contract = C$12,000 (= $10,000 x 1.2 CAD)

Price Limit or Circuit

Price Limits

Settlement Method

Deliverable

Options Available

No

Termination of Trading

Trading terminates at 9:16 a.m. CT, one business day prior to the third Wednesday of the contract month.

Contract Specifications


Product Name

Options Expirations

Options Symbol

Trading Venue

Trading Hours

Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT<br/> CME Globex Pre-Open: 4:45 p.m. – 5:00 p.m. CT

Type Of Expiration

Minimum Tick Size

Micro USD/CAD M6C Price

Open
High
Low
Change
% Change
Volume
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Last Trade as of CST. 10 Minutes Delayed Quote. Powered by CQG

Futures Calendar

26 SEP
No Event