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MXN/USD Weekly Friday Options Contract Specs

Options
Contract Unit One futures contract for 500,000 Mexican pesos
Minimum Price Fluctuation 0.00001 per Mexican peso increment = $5.00
Price Quotation U. S. dollars per Mexican peso increment
Trading Hours CME Globex: 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)
CME ClearPort: 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)
Open Outcry: Monday - Friday 7:20 a.m. – 2:00 p.m. CT
Product Code CME Globex: 1M,2M,3M,4M,5M
CME ClearPort: 1M,2M,3M,4M,5M
Open Outcry: 1M,2M,3M,4M,5M
Clearing: 1M,2M,3M,4M,5M
Listed Contracts Weekly contracts listed for 4 consecutive weeks. No weekly contract listed the week of 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 Friday of the contract week. If Friday is not a business day, trading terminates on the prior business day.
Position Limits CME Position Limits
Exchange Rulebook CME 256A
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.
Settlement Method Deliverable
Underlying Mexican Peso Futures