Contract Unit 50,000,000 Chilean Pesos
Price Quotation Quoted in U.S. Dollars per one (1) Chilean Peso
Trading Hours CME Globex: 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
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
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