CME Group Euro FX/Czech Koruna

Euro FX/Czech Koruna Futures
Contract Unit	4,000,000 Czech koruna
Trading Hours	CME Globex:	Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday – closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT.
	CME ClearPort:	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation	€.000002 euro per Czech koruna increments (8 euro/contract). .000001 euro per Czech koruna increments (4 euro/contract) for CZK/EUR futures intra-currency spreads executed electronically.
Product Code	CME Globex: ECK CME ClearPort: K Clearing: K
Listed Contracts	Six months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Settlement Method	Deliverable
Termination of Trading	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	CZK/EUR Settlement Procedures
Position Limits	CME Position Limits
Exchange Rulebook	CME 315
Block Minimum	Block Minimum Thresholds
Price Limit or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing

Euro FX/Czech Koruna Options
Contract Unit	One futures contract for 4,000,000 Czech koruna
Minimum Price Fluctuation	0.000002 euro per Czech koruna increment = €8.00 (euro) 0.000001 euro per Czech koruna increment = €4.00 (euro) for premium below 0.000010
Price Quotation	Euro per Czech koruna 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
	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
	Open Outcry:	7:20 a.m. – 2:00 p.m. CT
Product Code	CME Globex: ECZ CME ClearPort: K Open Outcry: K Clearing: K
Listed Contracts	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and serial contracts listed for 3 consecutive months
Settlement Procedures	Options on physical delivery futures contract
Termination of Trading	Trading terminates at 9:00 a.m. CT on the second Friday prior to the third Wednesday of the contract month.
Position Limits	CME Position Limits
Excahnge Rulebook	CME 315A
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	Czech Koruna/Euro (CZK/EUR) Cross Rate Futures

Resources

CME Group Euro FX/Czech Koruna Contract Specifications