|Contract Unit||One futures contract for 125,000 Euro|
|Minimum Price Fluctuation||
0.0001 per Euro increment = $12.50
0.00005 per Euro increment = $6.25 for premium below 0.0005.
|Price Quotation||U.S. dollars and cents per Euro 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||Open Outcry:||Monday - Friday 7:20 a.m. – 2:00 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|
|Product Code||CME Globex: 1EU,2EU,3EU,4EU,5EUCME ClearPort: 1EU,2EU,3EU,4EU,5EUOpen Outcry: 1EU,2EU,3EU,4EU,5EUClearing: 1EU,2EU,3EU,4EU,5EU|
|Listed Contracts||Weekly contracts listed for 4 consecutive weeks. No weekly contract listed the week of the quarterly or serial option expiration.|
|Settlement Procedures||Option on physical delivery futures contract|
|Termination Of Trading||Trading terminates at 9:00 a.m. CT on Friday of the contract week. that are not also terminations for quarterly and serial options. (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|
|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/U.S. Dollar (EUR/USD) Futures|