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CHF/USD (6S) futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 254).


Micro CHFMicro CHF/USD FuturesUSD Futures

Normal Daily Settlement Procedure

The settlement in the Micro USD/CHF /USD (MSFM6S) futures contract is derived directly from as the reciprocal of the settlement in the regular sized CHF/USD (6S) futures contract rounded to the nearest tradeable tick.

Example

If the 6SU5 6SU1 settles 1.0645, then the settlement for the corresponding Micro contract,  MSFU5M6SU1, would be 1/1.0645 = 0.9394 after rounding to the nearest tradeable tick.

Normal Final Settlement Procedure

The final settlement in the Micro USD/CHF /USD (MSFM6S) futures contract is derived directly from as the reciprocal of the final settlement of the corresponding CHF/USD (6S) futures contract rounded to the nearest tradeable tick.

Example

If the 6SU5 6SU1 settles 1.0645, then the settlement for the corresponding Micro contract, MSFU5M6SU1, would be 1/1.0645 .

Additional Details 
Micro CHF/USD (MSF) futures are physically delivered upon expiration. For additional details on delivery, please see the CME Rulebook (Chapter 295).

 = 0.9394 after rounding to the nearest tradeable tick.


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Settlement Disclaimer and Contact
Settlement Disclaimer and Contact