E-MINIRUSSELL 2000 WEEKLY OPTIONS - CONTRACT SPECS

Contract Unit	One E-mini Russell 2000 futures contract
Minimum Price Fluctuation	Outright:	0.10 index points = $5.00, for premium greater than 5.00
	Reduced Tick:	0.05 index points = $2.50, for premium less than or equal to 5.00
	CAB	0.05 index points = $2.50
Price Quotation	U.S. dollars and cents per index point
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a daily trading halt from 4:15 p.m. - 4:30 p.m. ET
	CME ClearPort:	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code	CME Globex: RTO CME ClearPort: RTO Clearing: RTO
Listed Contracts	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 3 consecutive quarters
Termination Of Trading	Trading terminates at 9:30 a.m. ET on the 3rd Friday of the contract quarter.
Position Limits	CME Position Limits
Exchange Rulebook	CME 393A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	At all multiples of 25 index points within ±50% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures At all multiples of 10 index points within ±20% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures Once the option’s underlying futures contract becomes second nearest to delivery, at all multiples of 5 index points within ±10% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures
Exercise Procedure	American Style. An option can be exercised until 6:30 p.m. ET on any business day the option is traded
Settlement At Expiration	Option exercise results in a position in the underlying cash-settled futures contract. In-the-money options, in the absence of contrarian instructions delivered to the Clearing House by 6:30 p.m. ET on the day of expiration, are automatically exercised into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month.
Settlement Method	Deliverable
Underlying	E-mini® Russell 2000® Index Futures

Contract Unit	1 E-mini Russell 2000 futures contract
Minimum Price Fluctuation	Outright:	0.10 index points = $5.00, for premium above 5.00
	Reduced Tick:	0.05 index points = $2.50, for premium equal to or below 5.00
	CAB	0.05 index points = $2.50
Price Quotation	U.S. dollars and cents per index point
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a daily trading halt from 4:15 p.m. - 4:30 p.m. ET
	CME ClearPort:	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code	CME Globex: RTM CME ClearPort: RTM Clearing: RTM
Listed Contracts	Monthly contrats listed for 3 consecutive months
Termination Of Trading	Trading terminates at 4:00 p.m. ET on last business day of contract month.
Position Limits	CME Position Limits
Exchange Rulebook	CME 393A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	At all multiples of 25 index points within ±50% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures At all multiples of 10 index points within ±20% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures Once the option’s underlying futures contract becomes second nearest to delivery, at all multiples of 5 index points within ±10% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures
Exercise Style	European Style. Exercisable only on expiration day.
Exercise Procedure	European Style. Exercisable only on expiration day.
Settlement At Expiration	Option exercise results in a position in the underlying cash-settled futures contract. Options which are in-the-money on the last day of trading are automatically exercised. A 4:00 p.m. ET price fixing based on the weighted average traded price fixing (symbol RTF) of the E-mini Russell 2000 futures in the last 30 seconds of trading on expiration day (3:59:30 p.m.-4:00:00 p.m. ET) will be used to determine which options are in-the-money. Contrarian instructions are prohibited.
Settlement Method	Deliverable
Underlying	E-mini® Russell 2000® Index Futures

Contract Unit	1 E-mini Russell 2000 futures contract
Minimum Price Fluctuation	Outright:	0.10 index points = $5.00, for premium above 5.00
	Reduced Tick:	0.05 index points = $2.50, for premium at or below 5.00
	CAB	0.05 index points = $2.50
Price Quotation	U.S. dollars and cents per index point
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a daily trading halt from 4:15 p.m. - 4:30 p.m. ET
	CME ClearPort:	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code	CME Globex: R1E,R2E,R3E,R4E CME ClearPort: R1E,R2E,R3E,R4E Clearing: R1E,R2E,R3E,R4E
Listed Contracts	Weekly contracts (R1E, R2E, R4E) listed for 3 weeks and 3 weeks of R3E
Termination Of Trading	Trading terminates at 4:00 p.m. ET on Friday of the contract week.
Position Limits	CME Position Limits
Exchange Rulebook	CME 393A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	R1E, R2E and R4E (Week 1, 2 & 4) 5 index point integer multiples upon listing: +10% to -25% of the prior day’s settlement price on the underlying future contract R3E (Week 3) At all multiples of 25 index points within ±50% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures At all multiples of 10 index points within ±20% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures Once the option’s underlying futures contract becomes second nearest to delivery, at all multiples of 5 index points within ±10% of quarterly Exercise Price Reference, centered on previous day’s settlement price of the underlying futures
Exercise Procedure	European Style. Exercisable only on expiration day.
Settlement At Expiration	Option exercise results in a position in the underlying cash-settled futures contract. Options which are in-the-money on the last day of trading are automatically exercised. A 4:00 p.m. ET price fixing based on the weighted average traded price fixing (symbol RTF) of the E-mini Russell 2000 futures in the last 30 seconds of trading on expiration day (3:59:30 p.m.-4:00:00 p.m. ET) will be used to determine which options are in-the-money. Contrarian instructions are prohibited.
Settlement Method	Deliverable
Underlying	E-mini® Russell 2000® Index Futures

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E-MINIRUSSELL 2000 WEEKLY OPTIONS - CONTRACT SPECS

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