CAD/USD MONTHLY OPTIONS - CONTRACT SPECS

Contract Unit	One futures contract for 100,000 Canadian dollars
Minimum Price Fluctuation	0.0001 per Canadian dollar increment = $10.00 0.00005 per Canadian dollar increment = $5.00 for premium below 0.0005.
Price Quotation	U.S. dollars and cents per Canadian dollar 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
	Open Outcry:	Monday - Friday 7:20 a.m. – 2:00 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
Product Code	CME Globex: 1CD,2CD,3CD,4CD,5CD CME ClearPort: 1CD,2CD,3CD,4CD,5CD Open Outcry: 1CD,2CD,3CD,4CD,5CD Clearing: 1CD,2CD,3CD,4CD,5CD
Listed Contracts	Weekly contracts listed for 4 consecutive weeks. No weekly contract listed the week of the quarterly or serial option expiration.
Settlement Procedures	Physical-Exercise into Futures
Termination Of Trading	Trading terminates at 9:00 a.m. CT on Friday of the contract week.
Position Limits	CME Position Limits
Exchange Rulebook	CME252A
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	Canadian Dollar Futures

Contract Unit	One futures contract for 100,000 Canadian dollars
Minimum Price Fluctuation	0.0001 per Canadian dollar increment = $10.00 0.00005 per Canadian dollar increment = $5.00 for premium below 0.0005
Price Quotation	U.S. dollars and cents per Canadian dollar 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: CAU CME ClearPort: CAU Open Outcry: CAU Clearing: CAU
Listed Contracts	Four (4) months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus eight (8) serial months.
Settlement Procedures	Physical-Exercise into Futures
Termination Of Trading	Trading terminates at 9:00 a.m. CT on the second Friday prior to the third Wednesday of the contract month.
Position Limits	CME Position Limits
Exchange Rulebook	CME252A
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	Canadian Dollar Futures

Contract Unit	One futures contract for 100,000 Canadian dollars
Minimum Price Fluctuation	0.0001 per Canadian dollar increment = $10.00
Price Quotation	U.S. dollars and cents per Canadian 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: VCA,VCB,VCC,VCD,VCE Clearing: VCA,VCB,VCC,VCD,VCE
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 Thursday of the contract week.
Exchange Rulebook	CME 252A
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	Canadian Dollar Futures

Contract Unit	One futures contract for 100,000 Canadian dollars
Minimum Price Fluctuation	0.01 per Canadian dollar increment
Price Quotation	U.S. dollars and cents per Canadian 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: VXC Clearing: VXC
Listed Contracts	Four (4) months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus eight (8) serial months.
Settlement Procedures	Physical-Exercise into Futures
Termination Of Trading	Trading terminates at 4:00 p.m. CT on the business day before the second Friday prior to the third Wednesday of the contract month.
Position Limits	CME Position Limits
Exchange Rulebook	CME252A
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	Canadian Dollar Futures

Contract Unit	One futures contract for 100,000 Canadian dollars
Minimum Price Fluctuation	0.0001 per Canadian dollar Increment = $10.00
Price Quotation	U.S. dollars and cents per Canadian 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: VC1,VC2,VC3,VC4,VC5 Clearing: VC1,VC2,VC3,VC4,VC5
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.
Exchange Rulebook	CME 252A
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	Canadian Dollar Futures

Contract Unit	One futures contract for 100,000 Canadian dollars
Minimum Price Fluctuation	0.0001 per Canadian dollar increment = $10.00 0.00005 per Canadian dollar increment = $5.00 for premium below 0.0005.
Price Quotation	U.S dollars and cents per Canadian dollar 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: WD1,WD2,WD3,WD4,WD5 CME ClearPort: WD1,WD2,WD3,WD4,WD5 Open Outcry: WD1,WD2,WD3,WD4,WD5 Clearing: WD1,WD2,WD3,WD4,WD5
Listed Contracts	Weekly contracts listed for 4 consecutive weeks
Settlement Procedures	Physical-Exercise into Futures
Termination Of Trading	Trading terminates at 9:00 a.m. CT on Wednesday of the contract week.
Position Limits	CME Position Limits
Exchange Rulebook	CME 252A
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	Canadian Dollar Futures

Contract Unit	One futures contract for 100,000 Canadian dollars
Minimum Price Fluctuation	0.0001 per Canadian dollar increment = $10.00 0.00005 per Canadian dollar increment = $5.00 for premium below 0.0005
Price Quotation	U.S dollars and cents per Canadian dollar 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: MD1,MD2,MD3,MD4,MD5 CME ClearPort: MD1,MD2,MD3,MD4,MD5 Open Outcry: MD1,MD2,MD3,MD4,MD5 Clearing: MD1,MD2,MD3,MD4,MD5
Listed Contracts	Weekly contracts listed for 4 consecutive weeks
Settlement Procedures	Physical - exercise into futures
Termination Of Trading	Trading terminates at 9:00 a.m. CT on Monday of the contract week.
Position Limits	CME Position Limits
Exchange Rulebook	CME 252A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	+/- 8 strikes at 0.0025 interval plus an additional +/-8 strikes at 0.0050 interval
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	Canadian Dollar Futures

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