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Israeli Shekel Options Contract Specs

Contract Unit Futures contract for 1,000,000 Israeli shekalim
Minimum Price Fluctuation 0.00001 per Israeli shekel = $10.00
0.000005 per Israeli shekel when premium is below 0.00005
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.
Product Code CME Globex: IS1,IS2,IS3,IS4,IS5
CME ClearPort: IS1,IS2,IS3,IS4,IS5
Clearing: IS1,IS2,IS3,IS4,IS5
Listed Contracts Weekly contracts listedd for 4 consecutive weeks. No weekly contract listed the same week as the serial or quarterly expiration.
Settlement Procedures Option on physical delivery futures contract
Termination Of Trading Trading terminates at 9:00 a.m. CT on Thursday of the contract week.
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