|Contract Unit||One futures contract for 4,000,000 Czech koruna|
|Minimum Price Fluctuation||
0.000002 euro per Czech koruna increment = €8.00 (euro)
0.000001 euro per Czech koruna increment = €4.00 (euro) for premium below 0.000010
|Price Quotation||Euro per Czech koruna increment|
|Trading Hours||CME Globex:||Sunday 5:00 p.m. - Friday - 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||Open Outcry:||7:20 a.m. – 2:00 p.m. CT|
|Product Code||CME Globex: ECZCME ClearPort: KOpen Outcry: KClearing: K|
|Listed Contracts||Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and serial contracts listed for 3 consecutive months|
|Settlement Procedures||Options on physical delivery futures contract|
|Termination Of Trading||Trading terminates at 9:00 a.m. CT on the second Friday prior to the third Wednesday of the contract month.|
|Position Limits||CME Position Limits|
|Block Minimum||Block Minimum Thresholds|
|Price Limit Or Circuit||Price Limits|
|Vendor Codes||Quote Vendor Symbols Listing|
|Exercise Style||European style. Auto-exercised against CME Group FX Fixing Price; no contrary instructions allowed.
In-the-money (ITM) strikes exercised. Out-of-the-money (OTM) strikes abandoned.
An option is ITM if the CME Group FX Fixing Price for the underlying futures contract is equal to or above the strike price in the case of a call or below the strike price in the case of a put.
|Underlying||Czech Koruna/Euro (CZK/EUR) Cross Rate Futures|