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 and cents per Mexican peso 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 | Open Outcry: | 7:20 a.m. – 2:00 p.m. Central Time (CT) |
Product Code | CME Globex: 6MCME ClearPort: MPOpen Outcry: MPClearing: MP | ||||
Listed Contracts | Monthly contracts listed for 12 consecutive months | ||||
Settlement Procedures | Option on physical delivery futures contract | ||||
Termination Of Trading | Trading terminates at 11:30 a.m. CT on the second Friday prior to the third Wednesday of the contract month. | ||||
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. |
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Settlement Method | Deliverable | ||||
Underlying | Mexican Peso Futures |