Chilean Peso/U.S. Dollar (CLP/USD) Futures

Now the only electronic liquidity on the CLOB for CLP

Key Macro Facts

The 2016 BIS Triannual survey indicates that volume in the U.S. dollar/Chilean peso cross grew by more than 200% over the last 10 years, reflecting the strong growth of the Chilean economy and its powerful commodity export business.

Key Benefits

  • Market participants can take advantage of the onshore and off-shore liquidity provided by a number of participants. 
  • Traded electronically and via blocks, the Chilean peso futures contract is available to global participants looking for specific exposure to Chile
  • The largest offshore venue for Chilean Peso FX futures

Key capital efficiencies and margin offsets

  • 50% savings with Brazilian Real (BRL/USD)
  • 45% savings with Mexican Peso (MXN/USD)
  • 30% savings with Copper (HG)

Be Part of the Trend and Trade Cash-Settled Chilean Peso Futures at CME Group

Available Now on the Platform You Want

CME Globex: CHP Bloomberg: PLCA Reuters: 0#1PHC:

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Bringing together market participants and their liquidity, from pension funds to banks, from hedge funds to corporates, from more than 150 countries nearly 24 hours a day, ready for market-impacting events.

Transact Beyond Futures

Choose a block or an EFRP – where you can still privately negotiate your trades, but submit them directly into our clearing systems to free up credit lines and mitigate bilateral exposure – whether you are trading in Chile or anywhere else in the world.

Reduce Risk and Manage Uncleared Margin Rule Changes

Through position-netting and by utilizing the capital and margin efficiencies of cleared and listed FX:

55 Futures, 24 Options, 26 CSFs and 12 NDFs

Get Connected To The World’s Largest Regulated FX Marketplace

$100b of daily FX volume and the firm liquidity you need to manage FX risk – from peso to pound.

Contract Specs

Contract Unit 50,000,000 Chilean Pesos
Price Quotation Quoted in U.S. Dollars per one (1) Chilean Peso
Trading Hours Sunday - Friday: 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Minimum Price Fluctuation $0.0000001 per Chilean Peso increments ($5.00/contract) also for CLP/USD futures intra-currency spreads executed electronically.
Product Code CME Globex: CHP
CME ClearPort: CHP
Clearing: CHP
Listed Contracts Monthly contracts listed for 12 consecutive months and the next 4 March quarterly cycle months.
Settlement Method Financially Settled
Termination Of Trading Trading terminates at 09:15 Chicago time on the last Santiago, Chile business day of the month prior to the contract month.
Settlement Procedures The reciprocal of the spot exchange rate of Chilean peso per U.S. dollar, ”CLP DÓLAR OBS (CLP10),” as reported for that day by Banco Central de Chile for the formal exchange market which is available at approximately 10:30 AM Santiago time and rounded to SEVEN decimal places.
Position Limits CME Position Limits
Exchange Rulebook CME 346
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing

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