About CME Euro FX/Czech Koruna Futures

Cross rate futures reflect the value of one currency in relation to another. CME® Euro FX cross rate futures reflect the value of the Euro in relation to the Japanese yen and nine other currencies. CME cross rate futures contracts are quoted as the minimum fluctuation currency per the trading unit currency, for example: Euro/Yen is quoted as yen per Euro, where the futures contract calls for delivery of 125,000 Euro (trading unit) and daily settlement variation is in yen (minimum fluctuation currency). Currency cross rate futures are physically delivered at expiration.

Banks, corporations, money managers and individuals can use cross rate futures to manage the risks associated with currency rate fluctuation and to take advantage of profit opportunities stemming from changes in currency rates.