| CME EC/BP Cross Rate Options |
| Trade Unit |
One Euro/British pound futures contract |
| Point Descriptions |
.5 point = 0.00005 British pounds per Euro = 6.25 British pounds |
| Contract Listing |
Four months in the March quarterly cycle and two months not in the March cycle (serial months), and four weekly expirations. |
| Strike Price Interval |
N/A |
| Product Code |
Clearing
Calls/Puts=RP
Ticker Calls=RP
Ticker Puts=RP
Weekly Expiration
Options:
Calls=1EC/5EC
Puts=1EP/5EP
AON=UE
(100 Threshold)&
|
| Trading Venue: Floor |
| Hours |
7:20 a.m.-2:00 p.m.
LTD(2:00 p.m.)^ |
| Listed |
All listed series |
| Strike |
All listed intervals |
| Limits |
No limits |
| Minimum Fluctuation |
Regular |
0.00005=6.25 BP |
| Cab |
0.000025=3.125 BP |
| Special "Half Tick" |
0.000025=3.125 BP for premium<0.00025, spreads w/net premium<0.00025, non-generic combo trades with total premium<0.00050. |
| Trading Venue: CME® Globex® |
| Hours |
Mon/Thurs 5:00 p.m.-7:15 a.m. & 2:00 p.m.-4:00 p.m.
Sun & Hol 3:00 p.m.-7:15 a.m |
| Listed |
N/A |
| Strike |
2 strikes up & down, and including, the strike nearest the money. |
| Limits |
No limits |
| Minimum Fluctuation |
Regular |
0.00005=6.25 BP |
| Cab |
0.000025=3.125 BP |
| Special "Half Tick" |
0.000025=3.125 BP for premium<0.00025, spreads w/net premium<0.00025, non-generic combo trades with total premium<0.00050. |
