Product Overview

What are Micro Canadian Dollar Futures?

At 1/10th the size of standard Candian Dollar futures and 1/10th the risk exposure, these futures contracts allow market participants of all sizes to take a position on the value of the Canadian dollar, or "Loonie," vs. the US dollar.

Why trade Micro Canadian Dollar Futures?

  1. Offers you a way to take a position on Canadas stature in the global oil market, mining sector or lumber market.
  2. Allows you to customize your exposure with a smaller-sized contract.
  3. Sixth most widely held reserve currency and one of the most traded currencies.

How do you trade Micro Canadian Dollar Futures?

If you have exposure to foreign currencies or are looking to accept risk in the FX marketplace, trading Micro Canadian Dollar 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

H, M, U, Z March, June, September, December

Trading Hours

CME Globex: Sun-Fri: 5:00 p.m. to 4:00 p.m. Mon-Fri: Daily trading halt from 3:15 p.m. to 3:30 p.m.

Product

Micro CAD/USD

Contract Size

10,000 Canadian dollars

Trading Venue

CME offers electronic trading almost 24/7

Minimum Tick

0.0001 USD per CAD

Product Symbol

MCD

Dollar Value of One Tick

$1 per contract

Price Limit or Circuit

Price Limits

Settlement Method

Deliverable

Options Available

No

Termination of Trading

Trading terminates on 1st business day before 3rd wednesday of the contract month. if that is not a business day then it is the business day before that

Contract Specifications


Product Name

Options Expirations

Options Symbol

Trading Venue

Trading Hours

CME Globex: Sun-Fri: 5:00 p.m. to 4:00 p.m. Mon-Fri: Daily trading halt from 3:15 p.m. to 3:30 p.m.

Type Of Expiration

Minimum Tick Size

Micro CAD/USD MCD 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

29 NOV
No Event