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. |
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| 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: GLBCME ClearPort: EMClearing: 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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