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Eurodollar Options 3 Yr MC Contract Specs

Options
Minimum Price Fluctuation One-half of one basis point/0.005 = $12.50
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Open Outcry: Monday - Friday: 7:20 a.m. - 2:00 p.m. CT
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: E31,E32,E33,E34,E35
Open Outcry: EF1,EF2,EF3,EF4,EF5
Clearing: EF1,EF2,EF3,EF4,EF5
Listed Contracts Weekly contracts listed for 2 consecutive weeks. No weekly contract listed the same week as the serial or quarterly expiration.
Termination Of Trading Trading termiates on Friday of the contract week.
Position Limits CME Position Limits
Exchange Rulebook CME Chapter 452A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike prices will be listed in intervals of 12.5 basis points (0.125) in a range of 150 basis points above and 150 basis points below the strike closest to the previous day's underlying futures settle price.
Strike prices will be listed in intervals of 25 basis points (0.25) in a range of 550 basis points above and 550 basis points below the strike closest to the previous day's underlying futures settle price.
Exercise Style Options are American Style and are exercised by notifying the Clearing House by 7:00 p.m. CT on the day of exercise. Unexercised options shall expire at 7:00 p.m. CT on the last trading day. In-the-money options that have not been exercised shall be automatically exercised following expiration in the absence of contrary instructions.
Settlement Method Deliverable
Underlying Eurodollar Futures

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