1 Month Eurodollar Futures Contract Specs

Contract Unit	$2,500 x Contract IMM Index
Price Quotation	Contract IMM Index = 100 minus R R = one-month London interbank offered rate for spot settlement on 3rd Wednesday of contract month. E.g., a price quote of 97.45 signifies a deposit rate of 2.55 percent per annum. One interest rate basis point = 0.01 price points = $25 per contract.
Trading Hours	SUN - FRI: 5:00 p.m. - 4:00 p.m. CT
Minimum Price Fluctuation	One quarter of one interest rate basis point = 0.0025 price points = $6.25 per contract.
Product Code	CME Globex: GLB CME ClearPort: EM Clearing: EM
Listed Contracts	Nearest 12 calendar months
Settlement Method	Financially Settled
Termination Of Trading	Second London bank business day before 3rd Wednesday of the contract month. Trading in expiring contracts terminates at 11:00 a.m. London time on the last trading day.
Settlement Procedures	1-Month Eurodollar Futures Settlement Procedures
Position Limits	CME Position Limits
Exchange Rulebook	CME 453
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
All Or None Minimum	All or None Minimums
Vendor Codes	Quote Vendor Symbols Listing

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