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Israeli Shekel Options Contract Specs

Contract Unit 1 futures contract for 1,000,000 Israeli Shekelim
Minimum Price Fluctuation 0.00001 per Israeli shekel = $10.00
0.000005 per Israeli shekel = $5.00 for premium below 0.00005
Price Quotation Shekelim
Trading Hours Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
Product Code CME Globex: ILS
CME ClearPort: IS
Open Outcry: IS
Clearing: IS
Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and 3 serial months
Settlement Procedures Option on physical delivery futures contract
Termination Of Trading Trading terminates at 9:00 a.m. CT on the 2nd thursday before the 3rd wednesday of the contract month. if that is not a business day then it is the business day before that in "ctm"
Position Limits CME Position Limits
Exchange Rulebook CME 269A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Exercise Style European
Settlement Method Deliverable
Underlying Israeli Shekel Futures