Weekly Premium Quoted European Style Options on Euro/US Dollar Futures - Contract Specs

Contract Unit	One futures contract for 125,000 euro
Minimum Price Fluctuation	$.0001 per euro increments ($12.50/contract). Also, trades may occur at $.00005 ($6.25), $.00015 ($18.75), $.00025 ($31.25), $.00035 ($43.75), and $.00045 ($56.25), when price is below five ticks of premium.
Trading Hours	CME Globex:	Sunday - Friday 5:00 p.m. - 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. Central Time (CT)
	CME ClearPort:	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Product Code	CME Globex: EUU CME ClearPort: EUU Open Outcry: EUU Clearing: EUU
Listed Contracts	Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Trading terminates on the second Friday immediately preceding the third Wednesday of the contract month. (2:00 p.m. CT)
Position Limits	CME Position Limits
Exchange Rulebook	CME 261A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Exercise Style	European
Settlement Method	Deliverable
Underlying	Euro FX Futures

Contract Unit	One futures contract for 125,000 euro
Minimum Price Fluctuation	$.0001 per euro increments ($12.50/contract). Also, trades may occur at $.00005 ($6.25), $.00015 ($18.75), $.00025 ($31.25), $.00035 ($43.75), and $.00045 ($56.25), when price is below five ticks of premium.
Trading Hours	CME Globex:	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.
	Open Outcry:	7:20 a.m. – 2:00 p.m. CT
Product Code	CME Globex: XT CME ClearPort: YT Open Outcry: YT Clearing: YT
Listed Contracts	Months listed for Apr, Jun, Sep & Dec 2018
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. (9:00 a.m. CT)
Position Limits	CME Position Limits
Exchange Rulebook	CME 261A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Settlement Method	Deliverable
Underlying	Euro FX Futures

Contract Unit	One futures contract for 125,000 Euro
Minimum Price Fluctuation	$0.01 per Euro
Trading Hours	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Product Code	CME Globex: VXT Clearing: VXT
Listed Contracts	Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Trading terminates one business day before the second Friday immediately preceding the third Wednesday of the contract month. (4:00 p.m. CT)
Position Limits	CME Position Limits
Exchange Rulebook	CME 261A
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Exercise Style	European
Settlement Method	Deliverable
Underlying	Euro FX Futures

Contract Unit	One futures contract for 125,000 euro
Minimum Price Fluctuation	$.0001 per euro increments ($12.50/contract). Also, trades may occur at $.00005 ($6.25), $.00015 ($18.75), $.00025 ($31.25), $.00035 ($43.75), and $.00045 ($56.25), when price is below five ticks of premium.
Trading Hours	CME Globex:	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
	CME ClearPort:	Sunday - Friday 5:00 p.m. - 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. Central Time (CT)
Product Code	CME Globex: WE1,WE2,WE3,WE4,WE5 CME ClearPort: WE1,WE2,WE3,WE4,WE5 Open Outcry: WE1,WE2,WE3,WE4,WE5 Clearing: WE1,WE2,WE3,WE4,WE5
Listed Contracts	Weekly contracts listed for 4 consecutive weeks with Wednesday expirations
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Trading terminates Wednesday of the contract week at 2:00 p.m. CT
Position Limits	CME Position Limits
Exchange Rulebook	CME 261A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Exercise Style	European
Settlement Method	Deliverable
Underlying	Euro FX Futures

Contract Unit	One futures contract for 125,000 euro
Minimum Price Fluctuation	$0.01 per Euro
Trading Hours	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.
Product Code	CME Globex: VE1,VE2,VE3,VE4,VE5 Clearing: VE1,VE2,VE3,VE4,VE5
Listed Contracts	Weekly contracts listed for 4 consecutive weeks with Wednesday expirations
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Trading terminates Tuesday of the contract week at 4:00 p.m. CT
Position Limits	CME Position Limits
Exchange Rulebook	CME 261A
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	Price Limits
Exercise Style	European
Settlement Method	Deliverable
Underlying	Euro FX Futures

Contract Unit	One futures contract for 125,000 euro
Minimum Price Fluctuation	$.0001 per euro increments ($12.50/contract). Also, trades may occur at $.00005 ($6.25), $.00015 ($18.75), $.00025 ($31.25), $.00035 ($43.75), and $.00045 ($56.25), when price is below five ticks of premium.
Trading Hours	CME Globex:	Sunday - Friday 5:00 p.m. - 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. Central Time (CT)
	CME ClearPort:	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Product Code	CME Globex: 1EU,2EU,3EU,4EU,5EU CME ClearPort: 1EU,2EU,3EU,4EU,5EU Open Outcry: 1EU,2EU,3EU,4EU,5EU Clearing: 1EU,2EU,3EU,4EU,5EU
Listed Contracts	Weekly contracts listed for 4 consecutive weeks with Friday expirations.
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Trading terminates on the four nearest Fridays that are not also terminations for quarterly and serial options. (2:00 p.m. CT)
Position Limits	CME Position Limits
Exchange Rulebook	CME 261A
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Exercise Style	European
Settlement Method	Deliverable
Underlying	Euro FX Futures

Contract Unit	One futures contract for 125,000 euro
Minimum Price Fluctuation	$0.01 per Euro
Trading Hours	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.
Product Code	CME Globex: VTA,VTB,VTC,VTD,VTE Clearing: VTA,VTB,VTC,VTD,VTE
Listed Contracts	Weekly contracts listed for 4 consecutive weeks with Friday expirations.
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	4:00 pm CT on Thursday
Position Limits	CME Position Limits
Exchange Rulebook	CME 261A
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Exercise Style	European
Settlement Method	Deliverable
Underlying	Euro FX Futures

Quick Links

Send Us Feedback

Who We Are

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.