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Israeli Shekel Options Contract Specs

Contract Unit Futures contract for 1,000,000 Israeli shekalim
Minimum Price Fluctuation $.00001 per Israeli shekel increments ($10.00/contract). Also, trades may occur at $.000005 ($5), $.000015 ($15), $.000025 ($25), $.000035 ($35), $.000045 ($45), 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.
Product Code CME Globex: IS1,IS2,IS3,IS4,IS5
CME ClearPort: IS1,IS2,IS3,IS4,IS5
Clearing: IS1,IS2,IS3,IS4,IS5
Listed Contracts 4 weekly
Settlement Procedures Option on physical delivery futures contract
Termination Of Trading Close of trading is on the four nearest Thursdays that are not also terminations for quarterly and serial options. (2:00 p.m. CT)
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