|Contract Unit||One futures contract for 125,000 Euro|
|Minimum Price Fluctuation||0.0001 per Euro increment = $12.50|
|Price Quotation||U.S. dollars and cents per Euro increment|
|Trading Hours||Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)|
|Product Code||CME Globex: VE1,VE2,VE3,VE4,VE5Clearing: VE1,VE2,VE3,VE4,VE5|
|Listed Contracts||Weekly contracts listed for 4 consecutive weeks|
|Settlement Procedures||Option on physical delivery futures contract|
|Termination Of Trading||Trading terminates at 4:00 p.m. CT on Tuesday of the contract week.|
|Position Limits||CME Position Limits|
|Exchange Rulebook||CME 261A|
|Vendor Codes||Quote Vendor Symbols Listing|
|Strike Price Listing Procedures||Price Limits|
|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/U.S. Dollar (EUR/USD) Futures|