FX Product Guide 2024

Futures

Contract Rule Chapter Globex Code Clearport Code Contract Size Contract Size Units Final Settlement Globex Outright Tick Globex All Other Spreads Tick ClearPort Tick (Blocks/EFRPs) Block Min Size (Quarterly) Block Min Size (Monthly) Tick Units
Majors
EURUSD 261 6E EC 125,000 EUR Physical 0.00005 0.00002 0.00001 150 20 USD per EUR
JPYUSD 253 6J J1 12,500,000 JPY Physical 0.0000005 0.0000002 0.0000001 150 20 USD per JPY
GBPUSD 251 6B BP 62,500 GBP Physical 0.0001 0.00005 0.00001 100 20 USD per GBP
AUDUSD 255 6A AD 100,000 AUD Physical 0.00005 0.00002 0.00001 100 20 USD per AUD
CADUSD 252 6C C1 100,000 CAD Physical 0.00005 0.00002 0.00001 100 20 USD per CAD
CHFUSD 254 6S E1 125,000 CHF Physical 0.00005 0.00005 0.00001 100 N/A USD per CHF
NZDUSD 258 6N NE 100,000 NZD Physical 0.00005 0.00005 0.00001 50 N/A USD per NZD
USDCNH 284L CNH CNH 100,000 USD Cash 0.0005 0.00025 0.0001 10 10 CNH per USD
LATAM
MXNUSD 256 6M MP 500,000 MXN Physical 0.00001 0.00001 0.000001 100 100 USD per MXN
BRLUSD 257 6L BR 100,000 BRL Cash 0.00005 0.00005 0.00005 50 50 USD per BRL
CLPUSD 346 CHP CHP 50,000,000 CLP Cash 0.0000001 0.0000001 0.0000001 10 10 USD per CLP
Emerging Markets
ZARUSD 259 6Z RA 500,000 ZAR Physical 0.000025 0.000025 0.000001 50 50 USD per ZAR
RUBUSD 260 6R RU 2,500,000 RUB Cash 0.000005 0.000005 0.000005 10 N/A USD per RUB
TRYUSD 273 TRL TRL 1,000,000 TRL Physical 0.000005 0.000001 0.000005 10 N/A USD per TRY
Scandis
NOKUSD 264 NOK UN 2,000,000 NOK Physical 0.00001 0.000005 0.000001 10 N/A USD per NOK
SEKUSD 265 SEK SE 2,000,000 SEK Physical 0.00001 0.000005 0.000001 10 N/A USD per SEK
EURNOK 313 ENK CN 125,000 EUR Physical 0.0005 0.00025 0.0001 10 N/A NOK per EUR
EURSEK 314 ESK KE 125,000 EUR Physical 0.0005 0.00025 0.0001 10 N/A SEK per EUR
CE4
CZKUSD 266 CZK CZ 4,000,000 CZK Physical 0.000002 0.000001 0.000002 10 N/A USD per CZK
HUFUSD 267 HUF FR 30,000,000 HUF Physical 0.0000002 0.0000001 0.0000002 10 N/A USD per HUF
PLNUSD 268 PLN PZ 500,000 PLN Physical 0.00002 0.00001 0.00002 10 N/A USD per PLN
ILSUSD 269 ILS IS 1,000,000 ILS Physical 0.00001 0.000005 0.00001 10 N/A USD per ILS
CZKEUR 315 ECK K 4,000,000 CZK Physical 0.000002 0.000001 0.000002 10 N/A EUR per CZK
HUFEUR 316 EHF R 30,000,000 HUF Physical 0.0000002 0.0000001 0.0000002 10 N/A EUR per HUF
PLNEUR 317 EPZ Z 500,000 PLN Physical 0.00002 0.00001 0.00002 10 N/A EUR per PLN
EUR Crosses
EURGBP 301 RP RP 125,000 EUR Physical 0.00005 0.000025 0.00001 50 20 GBP per EUR
EURCAD 302 ECD CC 125,000 EUR Physical 0.0001 0.00005 0.00001 10 N/A CAD per EUR
EURJPY 303 RY RY 125,000 EUR Physical 0.01 0.005 0.001 50 N/A JPY per EUR
EURCHF 304 RF RF 125,000 EUR Physical 0.0001 0.00005 0.00001 50 N/A CHF per EUR
EURAUD 312 EAD CA 125,000 EUR Physical 0.0001 0.00005 0.00001 10 N/A AUD per EUR
Other Crosses
GBPJPY 305 PJY BY 125,000 GBP Physical 0.01 0.005 0.001 10 N/A JPY per GBP
GBPCHF 306 PSF BF 125,000 GBP Physical 0.0001 0.00005 0.00001 10 N/A CHF per GBP
CHFJPY 307 SJY SJ 250,000 CHF Physical 0.005 0.0025 0.001 10 N/A JPY per CHF
AUDCAD 308 ACD AC 200,000 AUD Physical 0.0001 0.00005 0.00001 10 N/A CAD per AUD
AUDJPY 309 AJY AJ 200,000 AUD Physical 0.01 0.005 0.001 10 N/A JPY per AUD
AUDNZD 310 ANE AN 200,000 AUD Physical 0.0001 0.00005 0.00001 10 N/A NZD per AUD
CADJPY 311 CJY CY 200,000 CAD Physical 0.01 0.005 0.001 10 N/A JPY per CAD
Asian NDFs
KRWUSD 271 KRW KRW 125,000,000 KRW Cash 0.0000001 0.0000001 0.0000001 10 10 USD per KRW
INRUSD 279 SIR SIR 5,000,000 INR Cash 0.01 0.005 0.01 10 10 USD per 100 INR
CNYUSD 270 RMB RMB 1,000,000 RMB Cash 0.00001 0.000005 0.00001 10 10 USD per RMB
CNYEUR 318 RME RME 1,000,000 RMB Cash 0.00001 0.000005 0.00001 10 10 EUR per RMB

FX Link is the tradeable basis between OTC spot FX and the FX futures market, seamlessly connecting the two markets and providing a complementary pool of liquidity for FX swaps.

FX Link Rule Chapter Globex Code Clearport Code Contract Size Contract Size Units Settlement of Spot Leg Final Settlement of Underlying Future Globex Tick ClearPort Tick (Blocks/EFRPs) Block Min Size (Quarterly) Block Min Size (Monthly) Tick Units
EURUSD 261 & 13 6E:XF N/A 125,000 EUR Physical Physical 0.000005 N/A N/A N/A USD per EUR
USDJPY 253 & 13 6J:YF N/A 12,500,000 JPY Physical Physical 0.001 N/A N/A N/A JPY per USD
GBPUSD 251 & 13 6B:XF N/A 62,500 GBP Physical Physical 0.00001 N/A N/A N/A USD per GBP
AUDUSD 255 & 13 6A:XF N/A 100,000 AUD Physical Physical 0.00001 N/A N/A N/A USD per AUD
USDCAD 252 & 13 6C:YF N/A 100,000 CAD Physical Physical 0.00001 N/A N/A N/A CAD per USD
USDCHF 254 & 13 6S:YF N/A 125,000 CHF Physical Physical 0.00001 N/A N/A N/A CHF per USD
NZDUSD 258 & 13 6N:XF N/A 100,000 NZD Physical Physical 0.00001 N/A N/A N/A USD per NZD
USDMXN 256 & 13 6M:YF N/A 500,000 MXN Physical Physical 0.0005 N/A N/A N/A MXN per USD

FX BTIC

FX BTIC provides a direct bridge between FX futures and the published benchmark rate; a basis rate is traded which represents the spread between the underlying FX future and the official benchmark rate. 

FX BTIC Rule Chapter Globex Code Clearport Code Contract Size Contract Size Units Reference Benchmark Final Settlement of Underlying Future Globex Tick ClearPort Tick (Blocks/EFRPs) Block Min Size (Quarterly) Block Min Size (Monthly) Tick Units
EURUSD FX BTIC 261 6EB 6EB 125,000 EUR Next WMR 4pm London Physical 0.000005 0.000001 150 N/A USD per EUR
EURUSD FX BTIC+ 261B 6EP 6EP 125,000 EUR Month end WMR 4pm London Physical 0.000005 0.000001 150 N/A USD per EUR

Micros & Minis

Contract Rule Chapter Globex Code Clearport Code Contract Size Contract Size Units Final Settlment Globex Outright Tick Globex All Other Spreads Tick ClearPort Tick (Blocks/EFRPs) Block Min Size (Quarterly) Block Min Size (Monthly) Tick Units
Micros
Micro GBP/USD Futures 290 M6B M6B 6,250 GBP Physical 0.0001 0.0001 0.0001 N/A N/A USD per GBP
Micro AUD/USD Futures 291 M6A M6A 10,000 AUD Physical 0.0001 0.0001 0.0001 N/A N/A USD per AUD
Micro EUR/USD Futures 292 M6E M6E 12,500 EUR Physical 0.0001 0.0001 0.0001 N/A N/A USD per EUR
Micro JPY/USD Futures 294 MJY MJY 1,250,000 JPY Physical 0.000001 0.000001 0.000001 N/A N/A USD per JPY
Micro CAD/USD Futures 293 MCD MCD 10,000 CAD Physical 0.0001 0.0001 0.0001 N/A N/A USD per CAD
Micro CHF/USD Futures 295 MSF MSF 12,500 CHF Physical 0.0001 0.0001 0.0001 N/A N/A USD per CHF
Micro INR/USD Futures 296 MIR MIR 1,000,000 INR Cash 0.01 0.005 0.01 N/A N/A USD per 100 INR
Micro USD/CNH Futures 344L MNH MNH 10,000 USD Cash 0.0001 0.0001 0.0001 N/A N/A CNH per USD
E-Minis
E-mini EUR/USD Futures 262 E7 E7 62,500 EUR Physical 0.0001 0.00005 0.0001 N/A N/A USD per EUR
E-mini JPY/USD Futures 263 J7 J7 6,250,000 JPY Physical 0.000001 0.0000005 0.000001 N/A N/A USD per JPY

Options

All options are European style and deliver into underlying future if In-The-Money at expiry.
All options are auto-exercised/expired versus fixing. If exactly At-The-Money at expiry, calls are exercised and puts expired.

Contract Rule Chapter Globex Code Mon Weekly Codes Tues Weekly Codes Weds Weekly Codes Thurs Weekly Codes Fri Weekly Codes Clearport Code Contract Size Contract Size Units Expiry Time Final Settlement of Underlying Future Options Tick Options Cabinet Tick ClearPort Tick (Blocks/EFRPs) Options Block Min Size Tick Units
Majors
EURUSD 261A EUU MO1-MO5 TU1-TU5 WE1-WE5 SU1-SU5 1EU-5EU EUU 125,000 EUR 10am NY Physical 0.0001 0.00005 0.0001 250 USD per EUR
JPYUSD 253A JPU MJ1-MJ5 TJ1-TJ5 WJ1-WJ5 SJ1-SJ5 1JY-5JY JPU 12,500,000 JPY 10am NY Physical 0.000001 0.0000005 0.000001 250 USD per JPY
GBPUSD 251A GBU MB1-MB5 TG1-TG5 WG1-WG5 SB1-SB5 1BP-5BP GBU 62,500 GBP 10am NY Physical 0.0001 N/A 0.0001 250 USD per GBP
AUDUSD 255A ADU MA1-MA5 TA1-TA5 WA1-WA5 SA1-SA5 1AD-5AD ADU 100,000 AUD 10am NY Physical 0.0001 0.00005 0.0001 250 USD per AUD
CADUSD 252A CAU MD1-MD5 TL1-TL5 WD1-WD5 SD1-SD5 1CD-5CD CAU 100,000 CAD 10am NY Physical 0.0001 0.00005 0.0001 250 USD per CAD
CHFUSD 254A CHU         1SF-5SF CHU 125,000 CHF 10am NY Physical 0.0001 0.00005 0.0001 250 USD per CHF
NZDUSD 258A 6N         1Z-5Z NE 100,000 NZD 10am NY Physical 0.0001 0.00005 0.0001 50 USD per NZD
USDCNH 284A CNH         1CN-5CN CNH 100,000 USD 3pm TOK Cash 0.0005 0.00025 0.00025 100 CNH per USD
LATAM
MXNUSD 256A 6M         1M-5M MP 500,000 MXN 12.30pm NY Physical 0.00001 N/A 0.00001 50 USD per MXN
BRLUSD 257A BR         1R-5R BR 100,000 BRL View PDF Cash 0.00001 N/A 0.00001 50 USD per BRL
Emerging Markets
ZARUSD 259A RO         1N-5N RA 500,000 ZAR 10am NY Physical 0.00001 0.000005 0.00001 50 USD per ZAR
RUBUSD 260A 6R         6R1-6R5 RU 2,500,000 RUB 10am LDN Cash 0.000002 0.000002 0.000002 10 USD per RUB
CE4
CZKUSD 266A CKO           CZ 4,000,000 CZK 10am NY Physical 0.000002 0.000001 0.000002 20 USD per CZK
HUFUSD 267A HFO           FR 30,000,000 HUF 10am NY Physical 0.0000002 0.0000001 0.0000002 20 USD per HUF
PLNUSD 268A PLZ           PZ 500,000 PLN 10am NY Physical 0.00002 0.00001 0.00002 20 USD per PLN
ILSUSD 269A ILS         IS1-IS5 IS 1,000,000 ILS 10am NY Physical 0.00001 0.000005 0.00001 20 USD per ILS
CZKEUR 315A ECZ           K 4,000,000 CZK 10am NY Physical 0.000002 0.000001 0.000002 20 EUR per CZK
HUFEUR 316A EHU           R 30,000,000 HUF 10am NY Physical 0.0000002 0.0000001 0.0000002 20 EUR per HUF
PLNEUR 317A EPL           Z 500,000 PLN 10am NY Physical 0.00002 0.00001 0.00002 20 EUR per PLN
EUR Crosses
EURGBP 301A RP         1E-5E RP 125,000 EUR 10am NY Physical 0.00005 0.000025 0.00005 50 GBP per EUR
EURJPY 303A RY         1H-5H RY 125,000 EUR 10am NY Physical 0.01 0.005 0.01 50 JPY per EUR
EURCHF 304A RF         1I-5I RF 125,000 EUR 10am NY Physical 0.0001 0.00005 0.0001 50 CHF per EUR
Asian NDFs
KRWUSD 271A KRW         KR1-5 KRW 125,000,000 KRW View PDF Cash 0.0000001 N/A 0.0000001 20 USD per KRW
CNYUSD 270A RMB         RB1-5 RMB 1,000,000 RMB View PDF Cash 0.00001 0.000005 0.00001 20 USD per RMB
CNYEUR 318A RME         RE1-5 RME 1,000,000 RMB View PDF Cash 0.00001 0.000005 0.00001 20 EUR per RMB

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2024 CME Group Inc. All rights reserved.