Contract specifications for event contracts

View the details you need for every event contract to trade them.

Event Contracts

Contract CME 23/ECES Event Contracts on E-mini Standard and Poor's 500 Stock Price Index Futures
CME 23/ECNQ Event Contracts on E-mini Nasdaq-100 Index Futures
CME 23/ECRTY Event Contracts on E-mini Russell 2000 Index Futures (Note: Clearing code is only first 4 digits: ECRT)
CBOT 23/ECYM Event Contracts on E-mini Dow Jones Industrial Average Index Futures
CME 23/EC6E Event Contracts on Euro/U.S. Dollar (EUR/USD) Futures
COMEX 23/ECGC Event Contracts on Gold Futures
COMEX 23/ECSI Event Contracts on Silver Futures
COMEX 23/ECHG Event Contracts on Copper Futures
NYMEX 23/ECCL Event Contracts on Light Sweet Crude Oil Futures
NYMEX 23/ECNG Event Contracts on Henry Hub Natural Gas Futures

Contract Specifications

CME Globex Trading Hours
All times are in central Prevailing Time (CPT)
All Contracts: CME Globex Pre Open: Sunday 4:00 - 5:00 p.m. Monday - Thursday 4:45 - 5:00 p.m.
ECES; ECNQ; ERTY; ECYM Sunday 5:00 p.m. - Friday 3:00 p.m. Next Day's Event Contract will list at 5:00 p.m.
ECGE Sunday 5:00 p.m. - Friday 3:00 p.m.
ECSI Sunday 5:00 p.m. - Friday 12:25 p.m.
ECHG Sunday 5:00 p.m. - Friday 12:00 p.m.
ECCL; ECNG Sunday 5:00 p.m. - Friday 1:30 p.m.
Contract Size 1 contract = $20
Price Quotation U.S. Dollars
Listing Schedule One daily contract listed on the Principal Contract Month of the Underlying Futures
Settlement Method Financial
Strike Price Listing Schedule ECES 2 strikes at $25.00 strike increment above and below the at-the-money strike then 4 strikes at $50.00 strike increment above and below the highest and lowest $25.00 increment strike.
ECNQ 1 strike at $100.00 strike increment above and below the at-the-money strike then 3 strikes at $250.00 strike increment above and below the highest and lowest $100.00 increment strike.
ECRTY 1 strike at $10.00 strike increment above and below the at-the-money strike then 3 strikes at $25.00 strike increment above and below the highest and lowest $10.00 increment strike.
ECYM 1 strike at $250.00 strike increment above and below the at-the-money strike then 3 strikes at $500.00 strike increment above and below the highest and lowest $250.00 increment strike.
EC6E 4 strikes at $0.0025 a strike increment above and below the at-the-money strike then 3 strikes at $0.0050 strike increment above and below the highest and lowest $0.0025 increment strike.
ECGC 4 strikes at $10.00 a strike increment above and below the at-the-money strike then 4 strikes at $25.00 strike increment above and below the highest and lowest $10.00 increment strike.
ECSI 4 strikes at $0.50 a strike increment above and below the at-the-money strike then 4 strikes at $1.00 strike increment above and below the highest and lowest $0.50 increment strike.
ECHG 4 strikes at $0.05 a strike increment above and below the at-the-money strike then 4 strikes at $0.10 strike increment above and below the highest and lowest $0.05 increment strike.
ECCL 4 strikes $1.00 increments on the nearest $1.00 interval above and below the at-the-money strike, then 4 strikes in $2.50 increments on the nearest $2.50 interval above and below the highest and lowest $1.00 increment strikes.
ECNG 4 strikes at $0.10 increments on the nearest $0.10 interval above and below the at-the-money strike, then 4 strikes in $0.50 increments on the nearest $0.50 interval above and below the highest and lowest $0.10 increment strikes. Additional strikes may be listed for trading, and strikes scheduled to be listed for trading may be suspended at the sole discretion of the Exchange.
Option Style European
Exercise Procedure Exact At-The-Money Characteristics (with no contrary instructions)
Exact At-The-Money Characteristics Exercise puts, calls expire with no value
Termination of Trading Daily products: trading will terminate at the end of the daily settlement period of the Underlying Futures contract. Contract listed on the Principal Contract Month of the Underlying Futures.
Final Settlement $0 or $20
Maximum Order Quantity 250 contracts
Accountability Level Each Event Contract will have its own Single Month Accountability Level of 12,500 contracts
Block Eligible No

 

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