Contract Unit One futures contract for 125,000 Swiss francs
Minimum Price Fluctuation 0.0001 per Swiss franc increment = $12.50
0.00005 per Swiss franc increment = $6.25 for premium below 0.0005.
Price Quotation U.S. dollars and cents per Swiss franc 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: 1SF,2SF,3SF,4SF,5SF
CME ClearPort: 1SF,2SF,3SF,4SF,5SF
Open Outcry: 1SF,2SF,3SF,4SF,5SF
Clearing: 1SF,2SF,3SF,4SF,5SF
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 the Friday of the contract week.
Position Limits CME Position Limits
Exchange Rulebook CME 254A
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.
Settlement Method Deliverable
Underlying Swiss Franc/U.S. Dollar (CHF/USD) Futures