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Czech Koruna/Euro (CZK/EUR) Cross Rate Options Contract Specs

Contract Unit One futures contract for 4,000,000 Czech koruna
Minimum Price Fluctuation €.000002 euro per Czech koruna (8 euro); also, trades may occur at .000001 (4 euro), .000003 (12 euro), .000005 (20 euro), .000007 (28 euro) and .000009 (36 euro), when price is below five ticks of premium.
Trading Hours CME Globex: Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday - closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. (CT)
CME ClearPort: 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
Open Outcry: 7:20 a.m. – 2:00 p.m. Central Time (CT)
Product Code CME Globex: ECZ
CME ClearPort: K
Open Outcry: K
Clearing: K
Listed Contracts Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months
Settlement Procedures Options on physical delivery futures contract
Termination Of Trading Quarterly and Serial Options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (9:00 a.m. CT)
Position Limits CME Position Limits
Exchange Rulebook 315A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Exercise Style European
Settlement Method Deliverable
Underlying Czech Koruna/Euro (CZK/EUR) Cross Rate Futures