|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,MD5CME ClearPort: MD1,MD2,MD3,MD4,MD5Open Outcry: MD1,MD2,MD3,MD4,MD5Clearing: 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.
|Underlying||Canadian Dollar Futures|