MXN/USD MONTHLY OPTIONS - CONTRACT SPECS

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: 6M CME ClearPort: MP Open Outcry: MP Clearing: 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.
Settlement Method	Deliverable
Underlying	Mexican Peso Futures

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 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:	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 11:30 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

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