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Israeli Shekel Futures Contract Specs

Contract Unit 1,000,000 Israeli sheqalim
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)
Minimum Price Fluctuation Outright: 0.00001 per Israeli shekel = $10.00
Intra-currency spreads: 0.000005 per Israeli shekel = $5.00
Product Code CME Globex: ILS
CME ClearPort: IS
Clearing: IS
Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters
Settlement Method Deliverable
Termination Of Trading Trading terminates on the second business day prior to the third Wednesday of the contract month.
Settlement Procedures ILS/USD Futures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 269
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing