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/U.S. Dollar (CAD/USD) Futures