CME Group Australian Dollar

From MarketsWiki
Jump to navigation Jump to search



Australian Dollar Futures
Contract Unit 100,000 Australian dollars
Trading Hours CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. CT (with a 60-minute break each day beginning at 4:00 p.m.CT)
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation Outrights: 0.00005 USD per AUD increments ($5.00 USD).

Consecutive Month Spreads (Globex only): 0.00001 USD per AUD (1.00 USD) All other Spread Combinations (Globex only): 0.00002 USD per AUD (2.00 USD)

Product Code CME Globex: 6A

CME ClearPort: AD

Clearing: AD

Listed Contracts Contracts listed for the first 3 consecutive months and 20 months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Settlement Method Deliverable
Termiantion of Trading Trading terminates at 9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).
Settlement Procedures Physical Delivery

AUD/USD Futures Settlement Procedures

Position Limits CME Position Limits
Exchange Rulebook CME 255
Block Minimum Block Minimum Thresholds
Price Limit or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Australian Dollar Options
Contract Unit One futures contract for 100,000 Australian dollars
Minimum Price Fluctuation 0.0001 per Australian dollar increment = $10.00

0.00005 per Australian dollar increment = $5.00 for premium below 0.0005."

Price Quotation U.S. dollars and cents per Australian dollar increment
Trading Hours CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Open Outcry: Monday - Friday 7:20 a.m. – 2:00 p.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code CME Globex: 1AD,2AD,3AD,4AD,5AD

CME ClearPort: 1AD,2AD,3AD,4AD,5AD Open Outcry: 1AD,2AD,3AD,4AD,5AD

Clearing: 1AD,2AD,3AD,4AD,5AD

Listed Contracts Weekly contracts listed for 4 consecutive weeks. No weekly contract listed the week of the quarterly or serial option expiration.
Settlement Procedures Physical-Exercise into Futures
Termination of Trading Trading terminates at 9:00 a.m. CT on Friday of the contract week.
Position Limits CME Position Limits
Exchange Rulebook CME 255A
Block minimum Block Minimum Thresholds
Price Limit or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Exercise Style European style. Auto-exercised against CME Group FX Fixing Price; no contrary instructions allowed.

In-the-money (ITM) strikes exercised. Out-of-the-money (OTM) strikes abandoned. An option is ITM if the CME Group FX Fixing Price for the underlying futures contract is equal to or above the strike price in the case of a call or below the strike price in the case of a put."

Settlement Method Deliverable
Underlying Australian Dollar Futures

Notes[edit]

*CME Group also trades European,Weekly,Weekly European options for Australian Dollar futures. For more contract specifications, please refer to Option Specifications for Australian Dollars

Resources[edit]