|Contract Unit||One futures contract for 100,000 Australian dollars|
|Minimum Price Fluctuation||0.0001 per Australian dollar increment = $10.00|
|Price Quotation||U.S. dollars and cents per Australian dollar increment|
|Trading Hours||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|
|Product Code||CME Globex: VA1,VA2,VA3,VA4,VA5Clearing: VA1,VA2,VA3,VA4,VA5|
|Listed Contracts||Weekly contracts listed for 4 consecutive weeks|
|Settlement Procedures||Physical-Exercise into Futures|
|Termination Of Trading||Trading terminates at 4:00 p.m. CT on Tuesday of the contract week.|
|Position Limits||CME Position Limits|
|Exchange Rulebook||CME 255A|
|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.
|Underlying||Australian Dollar Futures|