|Contract Unit||One futures contract for 125,000 Euro|
|Minimum Price Fluctuation||0.01 per Euro increment|
|Price Quotation||U.S. dollars and cent per Euro 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: VXTClearing: VXT|
|Listed Contracts||Quarterly contracts (Mar, Jun, Sep, Dec) listed for eight (8) consecutive quarters and serial months listed for eight (8) consecutive months|
|Settlement Procedures||Option on physical delivery futures contract|
|Termination Of Trading||Trading terminates at 4:00 p.m. CT on the second Fridays prior to the third Wednesday of the contract month.|
|Position Limits||CME Position Limits|
|Exchange Rulebook||CME 261A|
|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||Euro FX Futures|