CHF/USD Monthly Options Contract Specs

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 Futures

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 - Friday 5:00 p.m. - 4:00 p.m. 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: CHU CME ClearPort: CHU Open Outcry: CHU Clearing: CHU
Listed Contracts	Four (4) months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus eight (8) serial months.
Settlement Procedures	Option on physical delivery futures contract
Termination Of Trading	Trading terminates at 9:00 a.m. CT on the second Friday prior to the third Wednesday of the contract month.
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 Futures

Contract Unit	One futures contract for 125,000 Swiss francs
Minimum Price Fluctuation	0.0001 per Swiss franc increment = $12.50
Price Quotation	U.S. dollars and cents per Swiss franc 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: VSA,VSB,VSC,VSD,VSE Clearing: VSA,VSB,VSC,VSD,VSE
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 pm CT on Thursday of the contract week.
Position Limits	CME Position Limits
Exchange Rulebook	CME 254A
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 Futures

Contract Unit	One futures contract for 125,000 Swiss francs
Minimum Price Fluctuation	0.01 per Swiss franc increment
Price Quotation	U.S. dollars and cents per Swiss franc 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: VXS Clearing: VXS
Listed Contracts	Four (4) months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus eight (8) serial months.
Settlement Procedures	Physical-Exercise into Futures
Termination Of Trading	Trading terminates at 4:00 p.m. CT on the business day before the second Friday prior to the third Wednesday of the contract month.
Position Limits	CME Position Limits
Exchange Rulebook	CME 254A
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 Futures

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