CME Group Hungarian Forint
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| Hungarian Forint Futures | ||
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| Contract Unit | 30,000,000 Hungarian forint | |
| 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 from 5:45 p.m. – 6:00 p.m. CT | |
| Minimum Price Fluctuation | $.0000002 per Hungarian forint increments ($6.00/contract). $.0000001 per Hungarian forint increments ($3.00/contract) for HUF/USD futures intra-currency spreads executed electronically. | |
| Product Code | CME Globex: HUF
CME ClearPort: FR Clearing: FR | |
| 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 | HUF/USD Futures Settlement Procedures | |
| Position Limits | CME Position Limits | |
| Exchange Rulebook | CME 267 | |
| Block Minimum | Block Minimum Thresholds | |
| Price Limit or Circuit | Price Limits | |
| Vendor Codes | Quote Vendor Symbols Listing | |
| CME Group Hungarian Forint Options | ||
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| Contract Unit | One futures contract for 30,000,000 Hungarian forint | |
| Minimum Price Fluctuation | 0.0000002 per Hungarian forint increment = $6.00.
0.0000001 per Hungarian forint increment = $3.00 for premium below 0.0000010 | |
| Price Quotation | U.S. dollars and cents per Hungarian forint 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: HFO
CME ClearPort: FR Open Outcry: HZ Clearing: FR | |
| Listed Contracts | Trading terminates at 9:00 a.m. CT on the second Friday prior to the third Wednesday of the contract month. | |
| 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 267A | |
| 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 | Hungarian Forint Futures | |