### EUR/AUD Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/AUD (EAD) Cross Rate futures contract is derived by dividing the settlement in the corresponding EUR/USD (6E) contract by the settlement in the corresponding AUD/USD (6A) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EU2 settles 1.2206, and the 6AU2 settles 1.0075, then the value of the EADU2 would be 1.21151 (1.2206 / 1.0075 ≈ 1.21151) . This number would then be rounded down, to the nearest tradable tick, to a settlement price of 1.2115.

#### Normal Final Settlement

The final settlement in the EUR/CAD (ACD) Cross Rate futures contract is derived by dividing the final settlement in the corresponding EUR/USD (6A) contract by a temporary settlement in the corresponding CAD/USD (6C) contract, and then rounding to the nearest tradable tick. Please note that the CAD/USD (6C) contract expires one day after the corresponding EUR/USD (6A) and EUR/CAD (ACD) contracts. A temporary settlement will be derived using the final settlement methodology for the CAD/USD (6C) at 09:16 AM CT, exactly one day prior to its expiration, in order to calculate a final settlement for the EUR/CAD (ACD) Cross Rate futures contract.

**Example**

If the 6AH3 settles 1.0391, and the 6CH3 temporary settle is 0.9796, then the value of the ACDH3 would be 1.0607 (1.0391 / 0.9796 ≈ 1.060739) . This number would then be rounded to the nearest tradable tick, to a final settlement price of 1.0607.

**Additional Details**

EUR/AUD (EAD) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 312).

### EUR/CAD Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/CAD (ACD) Cross Rate futures contract is derived by dividing the settlement in the corresponding EUR/USD (6A) contract by the settlement in the corresponding CAD/USD (6C) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6AU2 settles 1.0075, and the 6CU2 settles .9804, then the value of the ACDU2 would be 1.02764 (1.0075 / .9804 ≈ 1.02764) . This number would then be rounded down, to the nearest tradable tick, to a settlement price of 1.0276.

#### Normal Final Settlement

The final settlement in the EUR/CAD (ACD) Cross Rate futures contract is derived by dividing the final settlement in the corresponding EUR/USD (6A) contract by a temporary settlement in the corresponding CAD/USD (6C) contract, and then rounding to the nearest tradable tick. Please note that the CAD/USD (6C) contract expires one day after the corresponding EUR/USD (6A) and EUR/CAD (ACD) contracts. A temporary settlement will be derived using the final settlement methodology for the CAD/USD (6C) at 09:16 AM CT, exactly one day prior to its expiration, in order to calculate a final settlement for the EUR/CAD (ACD) Cross Rate futures contract.

**Example**

If the 6AH3 settles 1.0391, and the 6CH3 temporary settle is 0.9796, then the value of the ACDH3 would be 1.0607 (1.0391 / 0.9796 ≈ 1.060739) . This number would then be rounded to the nearest tradable tick, to a final settlement price of 1.0607.

**Additional Details**

EUR/CAD (ECD) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 302).

### EUR/CHF Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/CHF (RF) Cross Rate futures contract is derived by dividing the settlement in the corresponding EUR/USD (6E) contract by the settlement in the corresponding CHF/USD (6S) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EU2 settles 1.2206, and the 6SU2 settles 1.0170, then the value of the RFU2 would be 1.200197 (1.2206 / 1.0170 ≈ 1.200197). This number would then be rounded up, to the nearest tradable tick, to a settlement price of 1.2002.

#### Normal Final Settlement

The final settlement in the EUR/CHF (RF) Cross Rate futures contract is derived by dividing the final settlement in the corresponding EUR/USD (6E) contract by the final settlement in the corresponding CHF/USD (6S) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EH3 settles 1.2959, and the 6SH3 settles 1.0595, then the value of the RFH3 would be 1.223124 ( 1.2959 / 1.0595 ≈ 1.223124). This number would then be rounded to the nearest tradable tick, to a final settlement price of 1.2231.

**Additional Details**

EUR/CHF (RF) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 304).

### EUR/GBP Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/GBP (RP) Cross Rate futures contract is derived by dividing the settlement in the corresponding EUR/USD (6E) contract by the settlement in the corresponding GBP/USD (6B) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EU2 settles 1.2206, and the 6BU2 settles 1.5427, then the value of the RPU2 would be .79121 ( 1.2206 / 1.5427 ≈ .79121). This number would then be rounded down, to the nearest tradable tick, to a settlement price of .79120.

#### Normal Final Settlement

The final settlement in the EUR/GBP (RP) Cross Rate futures contract is derived by dividing the final settlement in the corresponding EUR/USD (6E) contract by the final settlement in the corresponding GBP/USD (6B) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EH3 settles 1.2959, and the 6BH3 settles 1.5118, then the value of the RPH3 would be 0.85719 ( 1. 2959 / 1. 5118 ≈ 0. 85719 ) . This number would then be rounded to the nearest tradable tick, to a final settlement price of 0.8572.

Additional Details

### EUR/JPY Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/JPY (RY) Cross Rate futures contract is derived by dividing the settlement in the corresponding EUR/USD (6E) contract by the settlement in the corresponding JPY/USD (6J) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EU2 settles 1.2206, and the 6JU2 settles .012619, then the value of the RYU2 would be 96.727 ( 1.2206 / .012619 ≈ 96.727). This number would then be rounded up, to the nearest tradable tick, to a settlement price of 96.73.

#### Normal Final Settlement

The final settlement in the EUR/JPY (RY) Cross Rate futures contract is derived by dividing the final settlement in the corresponding EUR/USD (6E) contract by the final settlement in the corresponding JPY/USD (6J) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EH3 settles 1.2959, and the 6JH3 settles .010530, then the value of the RYH3 would be 123.0674 ( 1.2959 / .010530 ≈ 123.0674) . This number would then be rounded to the nearest tradable tick, to a final settlement price of 123.07.

**Additional Details**

EUR/JPY (RY) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 303).

### EUR/NOK Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/NOK (ENK) Cross Rate futures contract is derived by dividing the settlement in the corresponding EUR/USD (6E) contract by the settlement in the corresponding NOK/USD (NOK) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EH3 settles 1.3358, and the NOKH3 settles 0.18012, then the value of the ENKH3 would be 7.416167 (1.3358 / 0.18012 ≈ 7.416167) . This number would then be rounded to the nearest tradable tick, to a settlement price of 7.4160 .

#### Normal Final Settlement

The final settlement in the EUR/NOK (ENK) Cross Rate futures contract is derived by dividing the final settlement in the corresponding EUR/USD (6E) contract by the final settlement in the corresponding NOK/USD (NOK) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EH3 settles 1.2959, and the NOKH3 settles 0.17261, then the value of the ENKH3 would be 7.507676 (1.2959 / 0.17261 ≈ 7.507676 ) . This number would then be rounded to the nearest tradable tick, to a final settlement price of 7.5075.

**Additional Details**

EUR/ NOK ( ENK ) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 313).

### EUR/SEK Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/SEK (ESK) Cross Rate futures contract is derived by dividing the settlement in the corresponding EUR/USD (6E) contract by the settlement in the corresponding SEK/USD (SEK) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EH3 settles 1.3358, and the SEKH3 settles 0.15789, then the value of the ESKH3 would be 8.460320 (1.3358 / 0.15789 ≈ 8.460320). This number would then be rounded to the nearest tradable tick, to a settlement price of 8.4605.

The settlement procedure for the individual EUR/USD and SEK/USD contracts can be found here.

#### Normal Final Settlement

The final settlement in the EUR/SEK (ESK) Cross Rate futures contract is derived by dividing the final settlement in the corresponding EUR/USD (6E) contract by the final settlement in the corresponding SEK/USD (SEK) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EH3 settles 1.2959, and the SEKH3 settles 0.15531, then the value of the ESKH3 would be 8.343957 (1.2959 / 0.15531 ≈ 8.343957 ). This number would then be rounded to the nearest tradable tick, to a final settlement price of 8.344.

The final settlement procedure for the individual (SEK) contracts can be found here:

**Additional Details**

EUR/ SEK ( ESK ) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 314).

### EUR/TRY Cross Rate Futures

#### Normal Daily Settlement

The settlement in the EUR/TRY (TRE) Cross Rate futures contract is derived by multiplying the settlement in the corresponding EUR/USD (6E) contract by the settlement in the corresponding TRY/USD (TRY) contract, and then rounding to the nearest tradable tick.

**Example**

If the 6EM3 settles 1.3066, and the TRYM3 settles 1.8117, then the value of the TREM3 would be 2.36716722 (1.8117 x 1.3066 ≈ 2.36716722) . This number would then be rounded to the nearest tradable tick, to a settlement price of 2.3672.

### CZK/EUR Cross Rate Futures

#### Normal Daily Settlement

The settlement in the CZK/EUR (ECK) Cross Rate futures contract is derived by dividing the settlement in the corresponding CZK/USD (CZK) contract by the settlement in the corresponding EUR/USD (6E) contract, and then rounding to the nearest tradable tick.

**Example**

If the CZKM3 settles .049752, and the 6EM3 settles 1.2823, then the value of the ECKM3 would be 0.038799033 (.049752/1.2823 ≈ 0.038799033). This number would then be rounded to the nearest tradable tick, to a settlement price of 0.038800.

#### Normal Final Settlement

The final settlement in the CZK/EUR (ECK) Cross Rate futures contract is derived by dividing the final settlement in the corresponding CZK /USD (CZK) contract by the final settlement in the corresponding EUR/USD (6E) contract, and then rounding to the nearest tradable tick.

**Example**

If the CZKH3 settles 0.050644, and the 6EH3 settles 1.2959, then the value of the ECKH3 would be 0.039080176 (.050644 / 1.2959 ≈ 0.039080176). This number would then be rounded to the nearest tradable tick, to a final settlement price of 0.03908.

The final settlement procedure for the individual CZK/USD (CZK) and EUR/USD (6E) contracts can be found at the following links:

**Additional Details**

CZK/EUR (ECK) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 315).

### HUF/EUR Cross Rate Futures

#### Normal Daily Settlement

The settlement in the HUF/EUR (EHF) Cross Rate futures contract is derived by dividing the settlement in the corresponding HUF/USD (HUF) contract by the settlement in the corresponding EUR/USD (6E) contract, and then rounding to the nearest tradable tick.

**Example**

If the HUFH3 settles .0042556, and the 6EH3 settles 1.2960, then the value of the EHFH3 would be 0.0032836420 (.0042556 / 1.2960 ≈ 0.0032836420). This number would then be rounded to the nearest tradable tick, to a settlement price of 0.0032836 .

#### Normal Final Settlement

The final settlement in the HUF/EUR (EHF) Cross Rate futures contract is derived by dividing the final settlement in the corresponding HUF/USD (HUF) contract by the final settlement in the corresponding EUR/USD (6E) contract, and then rounding to the nearest tradable tick.

**Example**

If the HUFH3 settles 0.0042342, and the 6EH3 settles 1.2959, then the value of the EHFH3 would be 0.00326738 (.0042342 / 1.2959 ≈ 0. 00326738 ) . This number would then be rounded to the nearest tradable tick, to a final settlement price of 0.0032674.

**Additional Details**

HUF/EUR ( EHF) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 316).

### PLN/EUR Cross Rate Futures

#### Normal Daily Settlement

The settlement in the PLN/EUR (EPZ) Cross Rate futures contract is derived by dividing the settlement in the corresponding PLN/USD (PLN) contract by the settlement in the corresponding EUR/USD (6E) contract, and then rounding to the nearest tradable tick.

**Example**

If the PLNH3 settles .31266, and the 6EH3 settles 1.3056, then the value of the EPZH3 would be 0.2394761029412 (.31266/1.3056 ≈ 0.2394761029). This number would then be rounded to the nearest tradable tick, to a settlement price of 0.23948.

#### Normal Final Settlement

The final settlement in the PLN/EUR (EPZ) Cross Rate futures contract is derived by dividing the final settlement in the corresponding PLN/USD (PLN) contract by the final settlement in the corresponding EUR/USD (6E) contract, and then rounding to the nearest tradable tick.

**Example**

If the PLNH3 settles 0.31208, and the 6EH3 settles 1.2959, then the value of the EPZH3 would be 0.24082105 (.31208 / 1.2959 ≈ 0.24082105). This number would then be rounded to the nearest tradable tick, to a final settlement price of 0.24082.

**Additional Details**

PLN/EUR (EPZ) Cross Rate futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 317).

### RMB/EUR Cross Rate Futures

#### Normal Daily Settlement

The settlement in the RMB/EUR (RME) Cross Rate futures contract is derived by dividing the settlement in the corresponding RMB/USD (RMB) contract by the settlement in the corresponding EUR/USD (6E) contract, and then rounding to the nearest tradable tick.

**Example**

If the RMBM3 settles .15940, and the 6EM3 settles 1.2856, then the value of the RMEM3 would be 0.123988799 (.15940/1.2856 ≈ 0.123988799). This number would then be rounded to the nearest tradable tick, to a settlement price of 0.12399.

**If you have any questions, please call the CME Global Command Center.**

** Note:** In the event the aforementioned calculations described in this advisory cannot be made or if CME Group staff, in its sole discretion, determines that anomalous activity yields results that are not representative of the fair value of the contract, the staff may determine an alternative settlement price.