KRW/USD Monthly Options Contract Specs

Contract Unit	Futures contract for 125,000,000 Korean won
Minimum Price Fluctuation	0.0000001 per Korean won = $12.50
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: KRW CME ClearPort: KRW Clearing: KRW
Listed Contracts	Monthly contracts listed for 12 consecutive months
Settlement Procedures	Option on cash-settled futures contract
Termination Of Trading	Trading terminates at 3:30 p.m. Seoul Time on the second Korean business day prior to the third Wednesday of the contract month, (12:30 a.m. winter or 1:30 a.m. summer CT).
Position Limits	CME Position Limits
Exchange Rulebook	CME 271A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Exercise Style	European
Settlement Method	Deliverable
Underlying	Korean Won Futures

Contract Unit	Futures contract for 125,000,000 Korean won
Minimum Price Fluctuation	$.0000001 per Korean won increments ($12.50/contract).
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: KR1,KR2,KR3,KR4,KR5 CME ClearPort: KR1,KR2,KR3,KR4,KR5 Clearing: KR1,KR2,KR3,KR4,KR5
Listed Contracts	Weekly contracts listed for four consecutive weeks
Termination Of Trading	Trading terminates on the Friday of the contract week. If that is not a business day then it is the business day before that
Position Limits	CME Position Limits
Exchange Rulebook	CME 271A
Block Minimum	Block Minimum Thresholds
Exercise Style	European
Settlement Method	Deliverable
Underlying	Korean Won Futures

Quick Links

Tools

Daily Reports and Settlements

Final Settlements

Product Related

CME ClearPort

FAQ: FX EFRP & Block Trades

Resources

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs).
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

Markets Home

Market Data Home

Services Home

Education Home