South African Rand Weekly Options Contract Specs

Contract Unit	One futures contract for 500,000 South African Rand
Minimum Price Fluctuation	$.000025 per South African rand increments ($12.50/contract).
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:	7:20 a.m. – 2:00 p.m. Central Time (CT)
Product Code	CME Globex: RO CME ClearPort: RA Open Outcry: RO Clearing: RA
Listed Contracts	Twelve consecutive months
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (2:00 p.m. CT)
Position Limits	CME Position Limits
Exchange Rulebook	CME 259
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Settlement Method	Deliverable
Underlying	South African Rand Futures

Contract Unit	One futures contract for 500,000 South African Rand
Minimum Price Fluctuation	$.000025 per South African rand increments ($12.50/contract).
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
	Default:	7:20 a.m. – 2:00 p.m. Central Time (CT)
	CME ClearPort:	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code	CME Globex: 1N,2N,3N,4N,5N CME ClearPort: 1N,2N,3N,4N,5N Open Outcry: 1N,2N,3N,4N,5N Clearing: 1N,2N,3N,4N,5N
Listed Contracts	Four weekly contracts
Settlement Procedures	Option on physical delivery futures contracts
Termination Of Trading	Close of trading is on the four nearest Fridays that are not also terminations for monthly options. (2:00 p.m. CT)
Position Limits	5,000 futures-equivalent contracts for Spot month 6,000 futures-equivalent contract
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Settlement Method	Deliverable
Underlying	South African Rand Futures

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