|Contract Unit||One futures contract for 1,000,000 Israeli shekelim|
|Minimum Price Fluctuation||
0.00001 per Israeli shekel increment = $10.00
0.000005 per Israeli shekel increment = $5.00 for premium below 0.00005
|Price Quotation||U.S. dollars and cents per Israeli shekelim 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|
|Product Code||CME Globex: ILSCME ClearPort: ISOpen Outcry: ISClearing: IS|
|Listed Contracts||Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and serial contracts listed for 3 consecutive months|
|Settlement Procedures||Option on physical delivery futures contract|
|Termination Of Trading||Trading terminates at 9:00 a.m. CT on the 2nd Thursday prior to the 3rd Wednesday of the contract month.|
|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 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||Israeli Shekel Futures|