PRODUCT GUIDE AND CALENDAR FX2016 PRODUCTS

Transcription

1 PRODUCT GUIDE AND CALENDAR FX2016 PRODUCTS

2 As the world's leading and most diverse derivatives marketplace, CME Group (cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.

3 2016 FX Product Guide and Calendar FX at CME Group The FX market is changing. CME Group is committed to helping market participants stay ahead of the evolving landscape and in position for the latest opportunities. Benefit from the world s largest regulated FX marketplace a market built on trust. Customers worldwide are discovering greater cost efficiency and a new type of flexibility for managing FX risk and reward, through our broadest offering of exchange-traded and centrally cleared FX products. That s why this year we re focused on delivering the most efficient contracts you need to manage volatility in 2016 from changes in our block thresholds to introducing half ticks to reduce your execution costs. Discover a marketplace that offers execution choice firmly rooted in a level playing field, where participants can trade, clear and report the full lifecycle from one platform with certainty, at a price they want, with the values they demand: Equal access to best price, with fair value at settlement Full price transparency, with no last look Orderly markets available 23 hours a day Security and integrity of our leading global clearing house FX on CME Europe The Marketplace of Choice CME Europe, our London-based derivatives exchange, provides regionally tailored access to new, differentiated products. Building on London s strength as a global centre for derivatives and FX trading, our FX offering on CME Europe is designed to give eligible participants access to greater efficiencies and the flexibility to Trade, Clear and Report FX contracts tailored to meet their needs. To learn more about these CME Europe FX opportunities, visit cmegroup.com/europe for detailed information.

4 cmegroup.com/fx CONNECT Connect seamlessly to electronic markets with flexible execution choices that enhance you access to liquidity: CME Globex electronic platform, connecting buyers and sellers worldwide Blocks and Exchange for Physicals (EFPs), privately negotiated and cleared transactions CME ClearPort, a flexible set of clearing services CME Direct, our free front end to trade futures and options and view OTC trades TRADE Benefit from the broadest listed FX product offering, providing single platform access and potential for margin offset savings, and flexibility of both US and EU jurisdictional choices: CME FX: 59 futures, 30 options on 23 currencies CME Europe FX: 30 futures on 24 currencies CLEAR Add capital and operational efficiencies by also utilizing a full range of OTC FX clearing services via CME FX US: 26 Cash-Settled Forwards (CSFs) 12 Non-Deliverable Forwards (NDFs) Use CME ClearPort to trade and clear bilateral FX blocks transactions easily, viewable in real time. REPORT CME Group offers trade reporting solutions across multiple jurisdictions, including U.S., Europe, Canada and Australia. Capitalize on straight-through processing (STP) to achieve operational certainty and compliance with real-time trade flow between your front and middle office, and automation tools that eliminate dual-keying and re-entry errors. CALCULATE Take advantage of a full suite of tools and data reports to calculate your risk, analyze capital requirements along with potential efficiencies, and identify opportunities including a full set of QuikStrike options tools. Discover the benefits of CME Group FX. Visit cmegroup.com/fx today.

5 WELCOME TO THE 2016 FX PRODUCT GUIDE AND CALENDAR For the convenience of our customers, this calendar provides an overview of contract specifications, expiration dates and relevant economic release dates for TABLE OF CONTENTS CONTRACT SPECIFICATIONS SECTION GUIDE 1 TRADING HOURS 4 MAJORS 7 CROSS RATES 25 EMERGING MARKETS 43 E-MICROS & E-MINIS 79 INDEXES CALENDAR 97 CONTACT INFORMATION 111

6 2016 FX Product Guide and Calendar CME FX FUTURES AND OPTIONS: CONTRACT SPECIFICATIONS All contracts listed herein are listed with, and subject to, the rules and regulations of CME Group s United States Designated Contract Market ( CME ) and not of its UK subsidiary, CME Europe Limited. MAJORS FX FUTURES AND OPTIONS CONTRACTS AUD/USD 8 CAD/USD 10 CHF/USD 12 EUR/USD 14 GBP/USD 16 JPY/USD 18 NOK/USD 20 NZD/USD 21 SEK/USD 23 CROSS RATES FX FUTURES AND OPTIONS CONTRACTS AUD/CAD 26 AUD/JPY 27 AUD/NZD 28 CAD/JPY 29 CHF/JPY 30 EUR/AUD 31 EUR/CAD 32 EUR/CHF 33 EUR/GBP 35 EUR/JPY 37 EUR/NOK 39 EUR/SEK 40 GBP/JPY 41 GBP/CHF 42 1

7 cmegroup.com/fx EMERGING MARKETS FX FUTURES AND OPTIONS CONTRACTS BRL/USD 44 CNY/EUR 46 CNY/USD 48 USD/CNY 50 CZK/USD 51 CZK/EUR 53 EUR/TRY 55 HUF/USD 56 HUF/EUR 58 ILS/USD 60 INR/USD 62 KRW/USD 63 MXN/USD 65 PLN/USD 67 PLN/EUR 69 RUB/USD 71 USD/CLP 73 USD/CNH 74 USD/TRY 75 USD/ZAR 76 ZAR/USD 77 E-MICROS & E-MINIS FX FUTURES CONTRACTS E-MICRO AUD/USD 80 E-MICRO CAD/USD 81 E-MICRO USD/CAD 82 E-MINI EUR/USD 83 E-MICRO EUR/USD 84 E-MICRO GBP/USD 85 E-MICRO INR/USD 86 E-MINI JPY/USD 87 E-MICRO JPY/USD 88 E-MICRO USD/JPY 89 E-MICRO USD/CHF 90 E-MICRO CHF/USD 91 2

8 2016 FX Product Guide and Calendar E-MICRO USD/CNH 92 E-MICRO USD/CNY 93 INDEXES FX FUTURES CONTRACTS DOW JONES CME FX$INDEX 96 3

9 cmegroup.com/fx TRADING HOURS CME Globex: Chicago (Central Time): Sunday Opens at 5:00 p.m. (for the next trade date) 4:00 p.m. the following day. Monday through Friday Opens at 5:00 p.m. (for the next trade date) 4:00 p.m. the next day. Except on Friday Closes at 4:00 p.m. and reopens Sundays at 5:00 p.m. London (GMT): Sunday Opens at 11:00 p.m. (for the next trade date) 10:00 p.m. the following day. Monday through Friday Opens at 11:00 p.m. (for the next trade date) 10:00 p.m. the next day. Except on Friday Closes at 10:00 p.m. and reopens Sundays at 11:00 p.m. Singapore (UTC/GMT+8): Monday Opens at 7:00 a.m. 6:00 a.m. the following day. Tuesday through Saturday Opens at 7:00 a.m. 6:00 a.m. the next day. Except on Saturday Closes at 6:00 a.m. and reopens Monday at 7:00 a.m. Tokyo (UTC/GMT+9): Monday Opens at 8:00 a.m. 7:00 a.m. the following day.tuesday through Saturday Opens at 8:00 a.m. 7:00 a.m. the next day. Except on Saturday Closes at 7:00 a.m. and reopens Monday at 8:00 a.m. 4

10 2016 FX Product Guide and Calendar Open Outcry: Chicago (Central Time): Monday through Friday: 7:20 a.m. 2:00 p.m. Central Time London (GMT): Monday through Friday: 1:20 p.m. 8:00 p.m. Singapore (UTC/GMT+8): Monday through Friday: 9:20 p.m. 4:00 a.m. Tokyo (UTC/GMT+9): Monday through Friday: 10:20 p.m. 5:00 a.m. CME ClearPort: Chicago (Central Time): Sunday through Friday 5:00 p.m. 4:15 p.m. with a 45-minute break each day beginning at 4:15 p.m. London (GMT): Sunday through Friday 11:00 p.m. 10:15 p.m. the following day with a 45-minute break each day beginning at 10:15 p.m. Singapore (UTC/GMT+8): Monday through Saturday 7:00 a.m. 6:15 a.m. the following day with a 45-minute break each day beginning at 6:15 a.m. Tokyo (UTC/GMT+9): Monday through Saturday 8:00 a.m. 7:15 a.m. the following day with a 45-minute break each day beginning at 7:15 a.m. Note: Times listed are when daylight saving time is not in effect. 5

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12 2016 FX Product Guide and Calendar MAJORS FX FUTURES AND OPTIONS CONTRACTS AUD/USD 8 CAD/USD 10 CHF/USD 12 EUR/USD 14 GBP/USD 16 JPY/USD 18 NOK/USD 20 NZD/USD 21 SEK/USD 23 7

13 cmegroup.com/fx MAJORS FX FUTURES AND OPTIONS CONTRACTS AUD/USD Contract Size 100,000 Australian dollars Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: 6A CME ClearPort: AD Trading can occur in $.0001 per Australian dollar increments ($10.00/ contract). Also, trades can occur in $ per Australian dollar increments ($5.00/contract) for AUD/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 8

14 2016 FX Product Guide and Calendar AUD/USD Options Quarterly and serial options: Open Outcry Calls: KA Puts: JA; Globex: 6A Weekly options: Open Outcry: 1A-5A; Globex: 6A1-6A5 European-style options: Open Outcry: XA; Globex: XAD European-style weekly options: Open Outcry: AD1-AD5; Globex: XA1-XA5 Pricing Conventions and Calculating Cash Premiums An Australian dollar option price quoted as 1.58 is equivalent to 1.58 x 0.01 = when the price is quoted in full. The cash price of the option is x 100,000 (contract size) = $1, $.0001 per Australian dollar = $10.00/contract; also, trades may occur at $ ($5.00), $ ($15.00), $ ($25.00), $ ($35.00) and $ ($45.00), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 9

15 cmegroup.com/fx CAD/USD Contract Size 100,000 Canadian dollars Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: 6C CME ClearPort: C1 Trading can occur in $.0001 per Canadian dollar increments ($10.00/contract). Also, trades can occur in $ per Canadian dollar increments ($5.00/contract) for CAD/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the business day immediately preceding the third Wednesday of the contract month (usually Tuesday). 10

16 2016 FX Product Guide and Calendar CAD/USD Options Quarterly and serial options: Open Outcry Calls: CV; Puts: PV; Globex: 6C Weekly options: Open Outcry: 1C-5C; Globex: 6C1-6C5 European-style options: Open Outcry: YD; Globex: XD European-style weekly options: Open Outcry: 1D-5D; Globex: XD1-XD5 Pricing Conventions and Calculating Cash Premiums A Canadian dollar option price quoted as 1.58 is equivalent to 1.58 x 0.01 = when the price is quoted in full. The cash price of the option is x 100,000 (contract size) = $1, $.0001 per Canadian dollar = $10.00/contract; also, trades may occur at $ ($5.00), $ ($15.00), $ ($25.00), $ ($35.00) and $ ($45.00), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 11

17 cmegroup.com/fx CHF/USD Contract Size 125,000 Swiss francs Settlement Physical delivery Position Accountability 10,000 contracts CME Globex Electronic Markets: 6S CME ClearPort: E1 Trading can occur in $.0001 per Swiss franc increments ($12.50/ contract). Also, trades can occur in $ per Swiss franc increments ($6.25/contract) for CHF/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 12

18 2016 FX Product Guide and Calendar CHF/USD Options Quarterly and serial options: Open Outcry Calls: CF; Puts: PF; Globex: 6S Weekly options: Open Outcry: 1S-5S; Globex: 6S1-6S5 European-style options: Open Outcry: YS; Globex: XS European-style weekly options: Open Outcry: 1W-5W; Globex XS1-XS5 Pricing Conventions and Calculating Cash Premiums A Swiss franc option price of 2.93 is equivalent to 2.93 x 0.01 = when the price is quoted in full. The cash price of the option is x 125,000 (contract size) = $3, $.0001 per Swiss franc = $12.50/contract; also, trades may occur at $ ($6.25), $ ($18.75), $ ($31.25), $ ($43.75) and $ ($56.25), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 13

19 cmegroup.com/fx EUR/USD Contract Size 125,000 euros Settlement Physical delivery Position Accountability 10,000 contracts CME Globex Electronic Markets: 6E CME ClearPort: EC Trading can occur in $ per euro increments ($6.25/contract). Contract Month Listings Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 14

20 2016 FX Product Guide and Calendar EUR/USD Options Quarterly and serial options: Open Outcry: EC; Globex: 6E Weekly options: Open Outcry: 1X-5X; Globex: 6E1-6E5 European-style options: Open Outcry: YT; Globex: XT European-style weekly options: Open Outcry: 1T-5T; Globex: 1Q-5Q Pricing Conventions and Calculating Cash Premiums A FX option price quoted as is equivalent to x = when the price is quoted in full. Similarly, a EUR/USD option price quoted as is already quoted in full. The cash price of the option is x 125,000 (contract size) = $2, $.0001 per euro = $12.50/contract; also, trades may occur at $ ($6.25), $ ($18.75), $ ($31.25), $ ($43.75) and $ ($56.25), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 15

21 cmegroup.com/fx GBP/USD Contract Size 62,500 British pounds Settlement Physical delivery Position Accountability 10,000 contracts CME Globex Electronic Markets: 6B CME ClearPort: BP Trading can occur in $.0001 per British pound increments ($6.25/contract). Contract Month Listings Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 16

22 2016 FX Product Guide and Calendar GBP/USD Options Quarterly and serial options: Open Outcry Calls: CP; Puts: PP; Globex: 6B Weekly options: Open Outcry: 1B-5B; Globex: 6B1-6B5 European-style options: Open Outcry: YB; Globex: XB European-style weekly options: Open Outcry: 1P-5P; Globex: XB1-XB5 Pricing Conventions and Calculating Cash Premiums A British pound option price quoted as is equivalent to x 0.01 = when the price is quoted in full. The cash price of the option is x 62,500 (contract size) = $1, $.0001 per British pound = $6.25/contract. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 17

23 cmegroup.com/fx JPY/USD Contract Size 12,500,000 Japanese yen Settlement Physical delivery Position Accountability 10,000 contracts CME Globex Electronic Markets: 6J CME ClearPort: J1 Trading can occur in $ per Japanese yen increments ($6.25/contract). Contract Month Listings Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 18

24 2016 FX Product Guide and Calendar JPY/USD Options Quarterly and serial options: Open Outcry Calls: CJ Puts: PJ; Globex: 6J Weekly options: Open Outcry: 1J 5J; Globex: 6J1-6J5 European-style options: Open Outcry: YJ; Globex: XJ European-style weekly options: Open Outcry: 1Y-5Y; Globex: 1O-5O Pricing Conventions and Calculating Cash Premiums A Japanese yen option price quoted as 1.53 is equivalent to 1.53 x = when the price is quoted in full. The cash price of the option is x 12,500,000 (contract size) = $1, $ per Japanese yen = $12.50/contract; also, trades may occur at $ ($6.25), $ ($18.75), $ ($31.25), $ ($43.75) and $ ($56.25), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 19

25 cmegroup.com/fx NOK/USD Contract Size 2,000,000 Norwegian kroner Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: NOK CME ClearPort: UN Trading can occur in $ per Norwegian krone increments ($20.00 contract). Also, trades can occur in $ per Norwegian krone increments ($10.00/contract) for NOK/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 20

26 2016 FX Product Guide and Calendar NZD/USD Contract Size 100,000 New Zealand dollars Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: 6N CME ClearPort: NE Trading can occur in $.0001 per New Zealand dollar increments ($10.00/ contract). Also, trades can occur in $ per New Zealand dollar increments ($5.00/contract) for NZD/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 21

27 cmegroup.com/fx NZD/USD Options Quarterly and serial options: Open Outcry: NE; Globex: 6N Weekly options: 1Z-5Z Pricing Conventions and Calculating Cash Premiums A New Zealand dollar option price quoted as 0.60 is equivalent to 0.60 x 0.01 = when the price is quoted in full. The cash price of the option is x 100,000 (contract size) = $ $.0001 per New Zealand dollar = $10.00/contract; also, trades may occur at $ ($5.00), $ ($15.00), $ ($25.00), $ ($35.00)and $ ($45.00), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 22

28 2016 FX Product Guide and Calendar SEK/USD Contract Size 2,000,000 Swedish kronor Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: SEK CME ClearPort: SE Trading can occur in $ per Swedish krona increments ($20.00/contract). Also, trades can occur in $ per Swedish krona increments ($10.00/contract) for SEK/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 23

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30 2016 FX Product Guide and Calendar CROSS RATES FX FUTURES AND OPTIONS CONTRACTS AUD/CAD 26 AUD/JPY 27 AUD/NZD 28 CAD/JPY 29 CHF/JPY 30 EUR/AUD 31 EUR/CAD 32 EUR/CHF 33 EUR/GBP 35 EUR/JPY 37 EUR/NOK 39 EUR/SEK 40 GBP/JPY 41 GBP/CHF 42 25

31 cmegroup.com/fx CROSS RATES FX FUTURES AND OPTIONS CONTRACTS AUD/CAD Contract Size 200,000 Australian dollars Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: ACD CME ClearPort: AC Trading can occur in.0001 Canadian dollars per Australian dollar increments (20 Canadian dollars). Also, trades can occur in Canadian dollars per Australian dollar increments (10 Canadian dollars) for AUD/ CAD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 26

32 2016 FX Product Guide and Calendar AUD/JPY Contract Size 200,000 Australian dollars Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: AJY CME ClearPort: AJ Trading can occur in.01 Japanese yen per Australian dollar increments (2,000 Japanese yen). Also, trades can occur in.005 Japanese yen per Australian dollar increments (1,000 Japanese yen) for AUD/JPY futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 27

33 cmegroup.com/fx AUD/NZD Contract Size 200,000 Australian dollars Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: ANE CME ClearPort: AN Trading can occur in.0001 New Zealand dollars per Australian dollar increments (20 New Zealand dollars). Also, trades can occur in New Zealand dollars per Australian dollar increments (10 New Zealand dollars) for AUD/NZD futures intra-currency spreads executed on the trading floor. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 28

34 2016 FX Product Guide and Calendar CAD/JPY Contract Size 200,000 Canadian dollars Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: CJY CME ClearPort: CY Trading can occur in.01 Japanese yen per Canadian dollar increments (2,000 Japanese yen). Also, trades can occur in.005 Japanese yen per Canadian dollar increments (1,000 Japanese yen) for CAD/JPY futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 29

35 cmegroup.com/fx CHF/JPY Contract Size 250,000 Swiss francs Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: SJY CME ClearPort: SJ Trading can occur in.005 Japanese yen per Swiss franc increments (1,250 Japanese yen). Also, trades can occur in.0025 Japanese yen per Swiss franc increments (625 Japanese yen) for CHF/JPY futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 30

36 2016 FX Product Guide and Calendar EUR/AUD Contract Size 125,000 euros Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: EAD CME ClearPort: CA Trading can occur in.0001 Australian dollars per euro increments (12.5 Australian dollars). Also, trades can occur in Australian dollars per euro increments (6.25 Australian dollars) for EUR/AUD futures intracurrency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 31

37 cmegroup.com/fx EUR/CAD Contract Size 125,000 euros Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: ECD CME ClearPort: CC Trading can occur in.0001 Canadian dollars per euro increments (12.5 Canadian dollars). Also, trades can occur in Canadian dollars per euro increments (6.25 Canadian dollars) for EUR/CAD futures intracurrency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 32

38 2016 FX Product Guide and Calendar EUR/CHF Contract Size 125,000 euros Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: RF CME ClearPort: RF Trading can occur in.0001 Swiss francs per euro increments (12.5 Swiss francs). Also, trades can occur in Swiss francs per euro increments (6.25 Swiss francs) for EUR/CHF futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 33

39 cmegroup.com/fx EUR/CHF Options Quarterly and serial options: RF Weekly options: 1I-5I Pricing Conventions and Calculating Cash Premiums A Euro FX/Swiss franc option price quoted as is already quoted in full. The cash price of the option is x 125,000 (contract size) = 3,062.5 Swiss francs Swiss francs per euro (12.5 Swiss francs); also, trades may occur at (6.25 Swiss francs), (18.75 Swiss francs), (31.25 Swiss francs), (43.75 Swiss francs) and (56.25 Swiss francs), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 34

40 2016 FX Product Guide and Calendar EUR/GBP Contract Size 125,000 euros Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: RP CME ClearPort: RP Trading can occur in British pounds per euro increments (6.25 British pounds). Also, trades can occur in British pounds per euro increments (3.125 British pounds) for EUR/GBP futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 35

41 cmegroup.com/fx EUR/GBP Options Quarterly and serial options: RP Weekly options: 1E-5E Pricing Conventions and Calculating Cash Premiums A Euro FX/British pound option price quoted as is already quoted in full. The cash price of the option is x 125,000 (contract size) = 2, British pounds British pounds per euro (6.25 British pounds); also, trades may occur at (3.125 British pounds). Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 36

42 2016 FX Product Guide and Calendar EUR/JPY Contract Size 125,000 euros Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: RY CME ClearPort: RY Trading can occur in.01 Japanese yen per euro increments (1,250 Japanese yen). Also, trades can occur in.005 Japanese yen per euro increments (625 Japanese yen) for EUR/JPY futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 37

43 cmegroup.com/fx EUR/JPY Options Quarterly and serial options: RY Weekly options: 1H-5H Pricing Conventions and Calculating Cash Premiums A Euro FX/Japanese yen option price quoted as 1.70 is already quoted in full. The cash price of the option is 1.70 x 125,000 (contract size) = 212,500 Japanese yen..01 Japanese yen per euro (1,250 Japanese yen); also, trades may occur at.005 (625 Japanese yen),.015 (1,875 Japanese yen),.025 (3,125 Japanese yen),.035 (4,375 Japanese yen) and.045 (5,625 Japanese yen), which are less. than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 38

44 2016 FX Product Guide and Calendar EUR/NOK Contract Size 125,000 euros Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: ENK CME ClearPort: CN Trading can occur in.0005 Norwegian krone per euro increments (62.5 Norwegian krone). Also, trades can occur in Norwegian krone per euro increments (31.25 Norwegian krone) for EUR/NOK futures intracurrency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 39

45 cmegroup.com/fx EUR/SEK Contract Size 125,000 euros Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: ESK CME ClearPort: KE Trading can occur in.0005 Swedish krona per euro increments (62.5 Swedish krona). Also, trades can occur in Swedish krona per euro increments (31.25 Swedish krona) for EUR/SEK futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 40

46 2016 FX Product Guide and Calendar GBP/JPY Contract Size 125,000 British pounds Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: PJY CME ClearPort: BY Trading can occur in.01 Japanese yen per British pound increments (1,250 Japanese yen). Also, trades can occur in.005 Japanese yen per British pound increments (625 Japanese yen) for GBP/JPY futures intracurrency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 41

47 cmegroup.com/fx GBP/CHF Contract Size 125,000 British pounds Settlement Physical delivery Position Accountability 6,000 contracts CME Globex Electronic Markets: PSF CME ClearPort: BF Trading can occur in.0001 Swiss francs per British pound increments (12.5 Swiss francs). Also, trades can occur in Swiss francs per British pound increments (6.25 Swiss francs) for GBP/CHF futures intracurrency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 42

48 2016 FX Product Guide and Calendar EMERGING MARKETS FX FUTURES AND OPTIONS CONTRACTS BRL/USD 44 CNY/EUR 46 CNY/USD 48 USD/CNY 50 CZK/USD 51 CZK/EUR 53 EUR/TRY 55 HUF/USD 56 HUF/EUR 58 ILS/USD 60 INR/USD 62 KRW/USD 63 MXN/USD 65 PLN/USD 67 PLN/EUR 69 RUB/USD 71 USD/CLP 73 USD/CNH 74 USD/TRY 75 USD/ZAR 76 ZAR/USD 77 43

49 cmegroup.com/fx EMERGING MARKETS FX FUTURES AND OPTIONS CONTRACTS BRL/USD Contract Size 100,000 Brazilian reais Settlement Cash-settled Position Limits: Position Limits: 30,000 futures-equivalent contracts in a single month; 60,000 futures-equivalent contracts in all months combined* CME Globex Electronic Markets: 6L CME ClearPort: BR Trading can occur in $ per Brazilian real increments ($5.00/ contract). Contract Month Listings Consecutive contract months out 10 years Last Trading Day Trading ceases at 9:15 a.m. CT on the last business day of the month for the Central Bank of Brazil immediately preceding the contract month. * Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit 44

50 2016 FX Product Guide and Calendar BRL/USD Options Monthly options: BR Weekly options: 1R-5R Pricing Conventions and Calculating Cash Premiums A Brazilian real option price quoted as is already quoted in full. The cash price of the option is x 100,000 (contract size) = $5, $ per Brazilian real = $5.00/contract Contract Listings Monthly options: Twelve consecutive contract months. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Monthly options: Close of trading is the same as the underlying futures contract. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for monthly options. 45

51 cmegroup.com/fx CNY/EUR Contract Size 1,000,000 Chinese renminbi (CNY) Settlement Cash-settled Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: RME CME ClearPort: RME Trading can occur in euros per Chinese renminbi increments (10 euros). Also, trades can occur in euros per Chinese renminbi increments (5 euros) for CNY/EUR futures intra-currency spreads executed electronically. Contract Month Listings Thirteen consecutive calendar months plus two deferred March quarterly cycle contract months. Last Trading Day Trading ceases at 9:00 a.m. Beijing time on 2nd Beijing business day intermediately preceding 3rd Wednesday of the contract month (i.e., in Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m. CT on Sunday night during the summer. 46

52 2016 FX Product Guide and Calendar CNY/EUR Options Monthly options: RME Weekly options: RE1-RE euros per Chinese renminbi (10 euros); also, trades may occur at (5 euros), (15 euros), (25 euros), (35 euros) and (45 euros), which are less than five ticks of premium. Contract Listings Monthly options: Twelve consecutive contract months. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Monthly options: Close of trading is the same as the underlying futures contract. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for monthly options. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. Please note: CNY refers to onshore Chinese renminbi; CNH refers to offshore Chinese renminbi; and RMB refers to Chinese renminbi in general. 47

53 cmegroup.com/fx CNY/USD Contract Size 1,000,000 Chinese renminbi (CNY) Settlement Cash-settled Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: RMB CME ClearPort: RMB Trading can occur in $ per Chinese renminbi increments ($10.00/contract). Also, trades can occur in $ per Chinese renminbi increments ($5.00/contract) for CNY/USD futures intra-currency spreads executed electronically. Contract Month Listings Thirteen consecutive calendar months plus eight deferred March quarterly cycle contract months. Last Trading Day Trading ceases at 9:00 a.m. Beijing time on 2nd Beijing business day intermediately preceding 3rd Wednesday of the contract month (i.e., in Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m. CT on Sunday night during the summer. 48

54 2016 FX Product Guide and Calendar CNY/USD Options Monthly options: RMB Weekly options: RB1-RB5 $ per Chinese renminbi = $10.00/contract; also, trades may occur at $ ($5.00), $ ($15.00), $ ($25.00), $ ($35.00) and $ ($45.00), which are less than five ticks of premium. Contract Listings Monthly options: Twelve consecutive contract months. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Monthly options: Close of trading is the same as the underlying futures contract. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for monthly options. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. Please note: CNY refers to onshore Chinese renminbi; CNH refers to offshore Chinese renminbi; and RMB refers to Chinese renminbi in general. 49

55 cmegroup.com/fx USD/CNY Contract Size 100,000 U.S. dollars Settlement Cash-settled Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: CNY CME ClearPort: CNY Trading can occur in.0001 Chinese renminbi per U.S. dollar increments (10 RMB/contract). Also, trades can occur in Chinese renminbi per U.S. dollar increments (5 RMB/contract) for USD/CNY futures intracurrency spreads executed electronically. Contract Month Listings Thirteen consecutive calendar months plus eight deferred March quarterly cycle contract months. Last Trading Day Trading ceases at 9:00 a.m. Beijing time on 2nd Beijing business day intermediately preceding 3rd Wednesday of the contract month (i.e., in Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m. CT on Sunday night during the summer. 50

56 2016 FX Product Guide and Calendar CZK/USD Contract Size 4,000,000 Czech koruna Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Level: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: CZK CME ClearPort: CZ Trading can occur in $ per Czech koruna increments ($8.00/ contract). Also, trades can occur in $ per Czech koruna increments ($4.00/contract) for CZK/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 51

57 cmegroup.com/fx CZK/USD Options Quarterly and serial options: CKO $ per Czech koruna = $8.00/contract; also, trades may occur at $ ($4.00), $ ($12.00), $ ($20.00), $ ($28.00) and $ ($36.00), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not currently listed. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. 52

58 2016 FX Product Guide and Calendar CZK/EUR Contract Size 4,000,000 Czech koruna Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Level: 6,000 contracts; Position Limits: 2,000 contracts for Spot month** CME Globex Electronic Markets: ECK CME ClearPort: K Trading can occur in euros per Czech koruna increments (8 euros/contract). Also, trades can occur in euros per Czech koruna increments (4 euros/contract) for CZK/EUR futures intracurrency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 53

59 cmegroup.com/fx CZK/EUR Options Quarterly and serial options: ECZ euros per Czech koruna (8 euros); also, trades may occur at (4 euros), (12 euros), (20 euros), (28 euros) and (36 euros), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not currently listed. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. 54

60 2016 FX Product Guide and Calendar EUR/TRY Contract Size 125,000 euros Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** TRE Trading can occur in.0001 Turkish lira per euro increments (12.5 lira). Also, trades can occur in multiples of Turkish lira per euro increments (6.25 lira) for EUR/TRY intra-currency spreads executed electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 12:30 a.m. CT on the business day immediately preceding the third Wednesday of the contract month (usually early on Tuesday morning CT, which is 8:30 a.m. Istanbul/Ankara time on Tuesday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 55

61 cmegroup.com/fx HUF/USD Contract Size 30,000,000 Hungarian forint Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Level: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: HUF CME ClearPort: FR Trading can occur in $ per Hungarian forint increments ($6.00/contract). Also, trades can occur in $ per Hungarian forint increments ($3.00/contract) for HUF/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 56

62 2016 FX Product Guide and Calendar HUF/USD Options Quarterly and serial options: HFO $ per Hungarian forint = $6.00/contract; also, trades may occur at $ ($3.00), $ ($9.00), $ ($15.00), $ ($21.00) and $ ($27.00), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not currently listed. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 57

63 cmegroup.com/fx HUF/EUR Contract Size 30,000,000 Hungarian forint Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Level: 6,000 contracts; Position Limits: 2,000 contracts for Spot month** CME Globex Electronic Markets: EHF CME ClearPort: R Trading can occur in euros per Hungarian forint increments (6 euros/contract). Also, trades can occur in euros per Hungarian forint increments (3 euros/contract) for HUF/EUR futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 58

64 2016 FX Product Guide and Calendar HUF/EUR Options Quarterly and serial options: EHU euros per Hungarian forint (6 euros); also, trades may occur at (3 euros), (9 euros), (15 euros), (21 euros) and (27 euros), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not currently listed. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 59

65 cmegroup.com/fx ILS/USD Contract Size 1,000,000 Israeli shekel Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Level: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: ILS CME ClearPort: IS Trading can occur in $ per Israeli shekel increments ($10.00/ contract). Also, trades can occur in $ per ILS/USD increments ($5.00/contract) for Israeli shekel futures intra-currency spreads executed electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 60

66 2016 FX Product Guide and Calendar ILS/USD Options Quarterly and serial options: ILS Weekly options: IS1-IS5 $ per Israeli shekel = $10.00/contract; also, trades may occur at $ ($5.00), $ ($15.00), $ ($25.00), $ ($35.00) and $ ($45.00), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Thursday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Thursdays that are not also terminations for quarterly and serial options. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 61

67 cmegroup.com/fx INR/USD Contract Size 5,000,000 Indian rupees Settlement Cash-settled Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 20,000 contracts for Spot month** CME Globex Electronic Markets: SIR CME ClearPort: SIR $0.01 cents per 100 Indian rupee increments ($5.00 per contract). Also trades can occur in $0.005 cents per 100 Indian rupee increments ($2.50 per contract) for INR/USD futures intra-currency spreads executed electronically. Contract Month Listings Twelve consecutive calendar months plus four deferred March quarterly cycle months (Mar, Jun, Sep, Dec) Last Trading Day Trading classes at 12:00 p.m. noon Mumbai time two Indian business days immediately preceding the last Indian business day of the contract month. 62

68 2016 FX Product Guide and Calendar KRW/USD Contract Size 125,000,000 Korean won Settlement Cash-settled Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: KRW CME ClearPort: KRW Trading can occur in $ per Korean won increments ($12.50/contract). Contract Month Listings Thirteen consecutive calendar months plus two deferred March quarterly cycle contract months Last Trading Day Trading ceases at 3:30 p.m. Seoul time on the second business day immediately preceding the third Wednesday of the contract month (usually Monday) which would either be 12:30 a.m. (winter) or 1:30 a.m. CT on the second business day preceding the third Wednesday of the contract month (usually Monday evening CT). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 63

69 cmegroup.com/fx KRW/USD Options Monthly options: KRW Weekly options: KR1-KR5 $ per Korean won = $12.50/contract Contract Listings Monthly options: Twelve consecutive contract months. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Monthly options: Close of trading is the same as the underlying futures contract. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for monthly options. 64

70 2016 FX Product Guide and Calendar MXN/USD Contract Size 500,000 Mexican pesos Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Level: 6,000 contracts; Position Limit: 45,000 contracts for Spot month** CME Globex Electronic Markets: 6M CME ClearPort: MP Trading can occur in $ per Mexican peso increments ($5.00/contract) Contract Month Listings Thirteen consecutive calendar months plus two deferred March quarterly cycle contract months Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the third business day before the termination of trading. 65

71 cmegroup.com/fx MXN/USD Options Monthly options: Open Outcry: MP; Globex: 6M Weekly options: 1M-5M Pricing Conventions and Calculating Cash Premiums A Mexican peso option price quoted as is equivalent to x = $ when the price is quoted in full. Similarly, a Mexican peso option price quoted as 1050 is equivalent to 1050 x = when the price is quoted in full. The cash price of the option is x 500,000 (contract size) = $ $ per Mexican peso = $5.00/contract Contract Listings Monthly options: Twelve consecutive contract months. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for quarterly and serial options. 66

72 2016 FX Product Guide and Calendar PLN/USD Contract Size 500,000 Polish zloty Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: PLN CME ClearPort: PZ Trading can occur in $ per Polish zloty increments ($10.00/ contract). Also, trades can occur in $ per Polish zloty increments ($5.00/contract) for PLN/USD futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 67

73 cmegroup.com/fx PLN/USD Options Quarterly and serial options: PLZ $ per Polish zloty = $10.00/contract; also, trades may occur at $ ($5.00), $ ($15.00), $ ($25.00), $ ($35.00) and $ ($45.00), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not currently listed. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. 68

74 2016 FX Product Guide and Calendar PLN/EUR Contract Size 500,000 Polish zloty Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 2,000 contracts for Spot month** CME Globex Electronic Markets: EPZ CME ClearPort: Z Trading can occur in euros per Polish zloty increments (10 euros). Also, trades can occur in euros per Polish zloty increments (5 euros) for PLN/EUR futures intra-currency spreads executed on the trading floor and electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 69

75 cmegroup.com/fx PLN/EUR Options Quarterly and serial options: EPL euros per Polish zloty (10 euros); also, trades may occur at (5 euros), (15 euros), (25 euros), (35 euros), (45 euros), which are less than five ticks of premium. Contract Listings Quarterly options: The first four months in the March quarterly cycle. Serial options: Two serial options are listed at any time. Their expirations precede that of the underlying futures contract by one and two months. For example, following the expiration of the March futures and options cycle, April and May serial options on the front June futures contract are still available for trading. Consequently, the serial option expirations fall in Jan, Feb, Apr, May, Jul, Aug, Oct and Nov. Weekly options: Weekly options are not currently listed. Expiration/Last Trading Day Quarterly and serial options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. 70

76 2016 FX Product Guide and Calendar RUB/USD Contract Size 2,500,000 Russian rubles Settlement Cash-settled Position Limits: Position Limits: 30,000 contracts in all months combined; 10,000 contracts for Spot month on week prior to termination.* CME Globex Electronic Markets: 6R CME ClearPort: RU Trading can occur in $ per Russian ruble increments ($12.50/contract). Contract Month Listings Twenty months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus 8 serial months Last Trading Day Trading ceases at 11:00 a.m. Moscow time on the fifteenth business day of the month, or, if not a business day, on the next business day for the Moscow interbank foreign exchange market. * Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit 71

77 cmegroup.com/fx RUB/USD Options Quarterly and serial options: Open Outcry: RU; Globex: 6R Weekly options: Open Outcry: RU1-RU5; Globex: 6R1-6R5 Pricing Conventions and Calculating Cash Premiums A Russian ruble option price quoted as 4.3 is equivalent to 4.3 x = when the price is quoted in full. The cash price of the option is x 2,500,000 (contract size) = $1,075. $ per Russian ruble = $12.50/contract. Contract Listings Monthly options: Twelve consecutive contract months. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Monthly options: Close of trading is the same as the underlying futures contract. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for monthly options. 72

78 2016 FX Product Guide and Calendar USD/CLP Contract Size 100,000 U.S. dollars Settlement Cash Settled Position Accountability/Position Limits: Position Limit: 10,000 contracts in all months combined Position Limit: 5,000 contracts for Spot month* CHL Trading can occur in 0.01 Chilean pesos per U.S. dollar increments (1,000 CLP/contracts) Contract Month Listings Twelve consecutive calendar month contracts plus a second year in the March quarterly cycle Last Trading Day Trading ceases at 9:15 a.m. Chicago time on the last Santiago business day of the month preceding the expiring contract month. * Position Limits: Size of position may not exceed the indicated number of contracts, i.e., a finite limit 73

79 cmegroup.com/fx USD/CNH Contract Size 100,000 U.S. dollars Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 10,000 contracts; Position Limit: 5,000 contracts for Spot month** CME Globex Electronic Markets: CNH CME ClearPort: CNH Trading can occur in.0001 Chinese renminbi per U.S. dollar increments (10 RMB/contract). Also, trades can occur in Chinese renminbi per U.S. dollar increments (5 RMB/contract) for USD/CNH futures intracurrency spreads executed electronically. Contract Month Listings Thirteen consecutive calendar months plus eight deferred March quarterly cycle contract months Last Trading Day Trading ceases at 11:00 a.m. Hong Kong time on the second Hong Kong business day immediately preceding the third Wednesday of the contract month (i.e., in Chicago, 9:00 p.m. CT on Sunday night during the winter and 10:00 p.m. CT on Sunday night during the summer.) 74

80 2016 FX Product Guide and Calendar USD/TRY Contract Size 200,000 U.S. dollars Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 futures-equivalent contracts; Position Limit: 2,000 futures-equivalent contracts for Spot month** TRY Trading can occur in.0001 Turkish lira per U.S. dollar increments (20 lira). Also, trades can occur in multiples of Turkish lira per U.S. dollar increments (10 lira) for USD/TRY intra-currency spreads executed electronically. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 12:30 a.m. CT on the business day immediately preceding the third Wednesday of the contract month (usually early on Tuesday morning CT, which is 8:30 a.m. Istanbul/Ankara time on Tuesday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 75

81 cmegroup.com/fx USD/ZAR Contract Size 100,000 U.S. dollars Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 contracts; Position Limit: 20,000 contracts for Spot month** ZAR Trading can occur in.0001 South African rand per U.S. dollar increments (10 ZAR/contract). Also, trades can occur in South African rand per U.S. dollar increments (5 ZAR/contract) for USD/ZAR futures intracurrency spreads executed electronically. Contract Month Listings Thirteen consecutive calendar months plus four deferred March quarterly cycle contract months Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 76

82 2016 FX Product Guide and Calendar ZAR/USD Contract Size 500,000 South African rand Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 6,000 futures-equivalent contracts; Position Limit: 20,000 futures-equivalent contracts for Spot month** CME Globex Electronic Markets: 6Z CME ClearPort: RA Trading can occur in $ per South African rand increments ($12.50/contract). Contract Month Listings Thirteen consecutive calendar months plus two deferred March quarterly cycle contract months Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 77

83 cmegroup.com/fx ZAR/USD Options Monthly options: RA Weekly options: 1N-5N Pricing Conventions and Calculating Cash Premiums A South African rand option price quoted as is equivalent to x = when the price is quoted in full. Similarly, a South African rand option price quoted as 1175 is equivalent to 1175 x = when the price is quoted in full. The cash price of the option is x 500,000 (contract size) = $ $ per South African rand = $12.50/contract; trades may occur at $ ($6.25). Contract Listings Monthly options: Twelve consecutive contract months. Weekly options: Four weekly options are listed at any time. Expiration/Last Trading Day Monthly options: Close of trading is on the second Friday immediately preceding the third Wednesday of the contract month. Weekly options: Close of trading is on the four nearest Fridays that are not also terminations for monthly options. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 78

84 2016 FX Product Guide and Calendar E-MICROS & E-MINIS FX FUTURES CONTRACTS E-MICRO AUD/USD 80 E-MICRO CAD/USD 81 E-MICRO USD/CAD 82 E-MINI EUR/USD 83 E-MICRO EUR/USD 84 E-MICRO GBP/USD 85 E-MICRO INR/USD 86 E-MINI JPY/USD 87 E-MICRO JPY/USD 88 E-MICRO USD/JPY 89 E-MICRO USD/CHF 90 E-MICRO CHF/USD 91 E-MICRO USD/CNH 92 E-MICRO USD/CNY 93 79

85 cmegroup.com/fx E-MICRO & E-MINIS FX FUTURES CONTRACTS E-MICRO AUD/USD Contract Size 10,000 Australian dollars Settlement Physical Delivery Position Accountability 60,000 E-micro contracts CME Globex Electronic Markets: M6A CME ClearPort: M6A USD/AUD (= US$1.00) Contract Value If USD/AUD = , then contract = US$6,600 (= 10,000 AUD x US$0.6600/AUD) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 80

86 2016 FX Product Guide and Calendar E-MICRO CAD/USD Contract Size 10,000 Canadian dollars Settlement Physical delivery Position Accountability 60,000 E-micro contracts CME Globex Electronic Markets: MCD CME ClearPort: MCD USD/CAD (= US$1.00) Contract Value If USD/CAD =.9524, then contract = $9,524 (=10,000 CAD x $.9524/CAD) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 81

87 cmegroup.com/fx E-MICRO USD/CAD Contract Size 10,000 U.S. dollars Settlement Physical delivery Position Accountability 60,000 E-micro contracts CME Globex Electronic Markets: M6C CME ClearPort: M6C CAD/USD (= 1.00 CAD) Contract Value If CAD/USD = , then contract = 12,500 CAD (= $10,000 x CAD/USD) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 82

88 2016 FX Product Guide and Calendar E-MINI EUR/USD Contract Size 62,500 euros Settlement Physical delivery Position Accountability 20,000 contracts CME Globex Electronic Markets: E7 CME ClearPort: E7 $.0001 per euro increments ($6.25/contract) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 83

89 cmegroup.com/fx E-MICRO EUR/USD Contract Size 12,500 euros Settlement Physical delivery Position Accountability 100,000 E-micro contracts CME Globex Electronic Markets: M6E CME ClearPort: M6E USD/EUR (= US$1.25) Contract Value If USD/EUR = , then contract = $16,250 (= 12,500 x $1.3000/ ) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 84

90 2016 FX Product Guide and Calendar E-MICRO GBP/USD Contract Size 6,250 British pounds Settlement Physical delivery Position Accountability 100,000 E-micro contracts CME Globex Electronic Markets: M6B CME ClearPort: M6B USD/GBP (= US$0.625) Contract Value If USD/GBP = , then contract = $9,375 (= 6,250 x $1.5000/ ) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 85

91 cmegroup.com/fx E-MICRO INR/USD Contract Size 1,000,000 Indian rupees Settlement Cash-settled Position Accountability/Position Limits: Position Accountability Trigger Levels: 30,000 E-micro contracts; Position Limit: 100,000 E-micro contracts CME Globex Electronic Markets: MIR CME ClearPort: MIR $0.01 cents per 100 Indian rupee increments ($1.00 per contract). Also trades can occur in $0.005 cents per 100 Indian rupee increments ($0.50 per contract) for INR/USD futures intra-currency spreads executed electronically. Contract Value If USD/INR = U.S. cents per 100 rupee, then contract = $18,234 (=1,000,000 INR x USD/INR) Contract Month Listings Twelve consecutive contract months Last Trading Day Trading classes at 12:00 p.m. noon Mumbai time two Indian business days immediately preceding the last Indian business day of the contract month. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 86

92 2016 FX Product Guide and Calendar E-MINI JPY/USD Contract Size 6,250,000 Japanese yen Settlement Physical delivery Position Accountability 20,000 contracts CME Globex Electronic Markets: J7 CME ClearPort: J7 $ per Japanese yen increments ($6.25/contract) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 87

93 cmegroup.com/fx E-MICRO JPY/USD Contract Size 1,250,000 Japanese yen Settlement Physical delivery Position Accountability 100,000 E-micro contracts CME Globex Electronic Markets: MJY ClearPort: MJY USD/JPY (= US$1.25) Contract Value If USD/JPY = , then contract = $14,706 (= 1,250,000 x $ / ) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 88

94 2016 FX Product Guide and Calendar E-MICRO USD/JPY Contract Size 10,000 U.S. dollars Settlement Physical delivery Position Accountability 100,000 E-micro contracts CME Globex Electronic Markets: M6J CME ClearPort: M6J 0.01 JPY/USD (= 100) Contract Value If JPY/USD = 93.00, then contract = 930,000 (= $10,000 x /$) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 89

95 cmegroup.com/fx E-MICRO USD/CHF Contract Size 10,000 U.S. dollars Settlement Physical delivery Position Accountability 100,000 E-micro contracts CME Globex Electronic Markets: M6S CME ClearPort: M6S CHF/USD (= 1.00 CHF) Contract Value If CHF/USD = , then contract = 12,000 CHF (= $10,000 x CHF/$) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 90

96 2016 FX Product Guide and Calendar E-MICRO CHF/USD Contract Size 12,500 Swiss francs Settlement Physical delivery Position Accountability 100,000 E-micro contracts CME Globex Electronic Markets: MSF CME ClearPort: MSF USD/CHF (= US$1.25) Contract Value If USD/CHF = , then contract = $12,820 (= 12,500 CHF x $1.0256/CHF) Contract Month Listings Two months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 91

97 cmegroup.com/fx E-MICRO USD/CNH Contract Size 10,000 U.S. dollars Settlement Physical delivery Position Accountability/Position Limits: Position Accountability Trigger Levels: 100,000 E-micro contracts; Position Limit: 50,000 E-micro contracts CME Globex Electronic Markets: MNH CME ClearPort: MNH CNH/USD (= 1 RMB) Contract Value If CNH/USD = 6.483, then contract = 64,830 CNH (= $10,000 x CNH/USD) Contract Month Listings Twelve consecutive contract months Last Trading Day Trading ceases at 11:00 a.m. Hong Kong time on the second Hong Kong business day immediately preceding the third Wednesday of the contract month (i.e., in Chicago, 9:00 p.m. CT on Sunday night during the winter and 10:00 p.m. CT on Sunday night during the summer. 92

98 2016 FX Product Guide and Calendar E-MICRO USD/CNY Contract Size 10,000 U.S. dollars Settlement Cash-settled Position Accountability/Position Limits: Position Accountability Trigger Levels: 60,000 E-micro contracts; Position Limit: 20,000 E-micro contracts CME Globex Electronic Markets: MNY CME ClearPort: MNY Trading can occur in.0001 Chinese renminbi per U.S. dollar increments (10 RMB/contract). Also, trades can occur in Chinese renminbi per U.S. dollars increment (5 RMB/contract) for USD/CNY futures introcurrency intra-spreads executed electronically Contract Value If CNY/USD = 6.483, then contract = 64,830 CNY (= $10,000 x CNY/USD) Contract Month Listings Twelve consecutive contract months Last Trading Day Trading ceases at 9:00 a.m. Beijing time on 2nd Beijing business day intermediately preceding 3rd Wednesday of the contract month (i.e., in Chicago, 7:00 p.m. CT on Sunday night during the winter and 8:00 p.m. CT on Sunday night during the summer. ** Position Accountability and Spot Month Position Limit: Whenever a person owns or controls more than a specified number of contracts net long or short in all contract months combined (Position Accountability Trigger Level), such person will provide in a timely fashion, upon request by CME Group Market Regulation, information about the nature of the position, trading strategy, and hedging information, if applicable. Therefore, overall positions do not have a finite limit. Spot Month Position Limit: However, a position held in the expiring contract month may not exceed the spot month position limit on or after the business day one week before termination of trading. 93

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100 2016 FX Product Guide and Calendar INDEXES FX FUTURES CONTRACTS DOW JONES CME FX$INDEX 96 95

101 cmegroup.com/fx INDEXES FX FUTURES CONTRACTS Dow Jones CME FX$INDEX Contract Size $1,000 x Dow Jones CME FX$INDEX, e.g., if Dow Jones CME FX$INDEX = then futures contract value = $144,730 (= $1,000 x ) Index Construction Dow Jones CME FX$INDEX = value of 4 Euro FX + 2 Japanese yen + 2 British pound + 1 Swiss franc + 1 Canadian dollar + 1 Australian dollar futures contracts; divided by $10,000. Settlement Physical delivery of 50,000 Euros; 2,500,000 Japanese yen; 12,500 British pounds; 12,500 Swiss francs; 10,000 Canadian dollars; and, 10,000 Australian dollars on the 3rd Wednesday. U.S. dollar delivery invoices based on final settlement of standard CME FX futures, with the exception of Canadian dollar where a special 9:16 value is utilized noting that Canadian dollar terminates a day later. Dow Jones CME FX$INDEX futures final settlement is rounded to 4 decimal places. Position Accountability 6,000 contracts CME Globex Electronic Markets: FXD 0.01 index points ($10.00) for outrights; index points ($5.00) for calendar spreads. Contract Month Listings Six months in the March quarterly cycle (Mar, Jun, Sep, Dec) Last Trading Day Trading ceases at 9:16 a.m. CT on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). 96

102 2016 FX Product Guide and Calendar FX FUTURES AND OPTIONS: 2016 CALENDAR A month-by-month guide to 2016 contract expiration and delivery dates, economic releases and CME Group holidays. Please note: 2016 dates are subject to change. 97

103 cmegroup.com/fx JANUARY 2016 MONTH CODE: F SUN MON TUE WED THU FRI 1 1/365 SAT / / /360 International Trade Factory Orders 7 7/359 Unemployment Claims 8 8/358 Employment / / /353 ECB Meeting /352 15/351 Unemployment Claims Retail Sales PPI Industrial Production and Capacity Utilization / / /346 21/345 CPI Unemployment Bank of Canada Housing Starts Claims ECB Meeting 22 22/ / /340 Consumer Confidence FOMC Meeting 27 27/339 New Home Sales FOMC Meeting 28 28/338 Durable Goods Unemployment Claims 29 29/337 GDP Purchasing Managers of Chicago (PMI) 30 Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Serial Currency Options Monthly: MXN/USD Options, ZAR/USD Options Monthly: MXN/USD, ZAR/USD Monthly: CNY/USD and Options, CNY/EUR and Options, USD/CNY, E-micro USD/CNY, USD/CNH, E-micro USD/CNH Weekly ILS/USD Options Weekly Currency Options Serial ILS/USD Options Monthly KRW/USD and Options Delivery MXN/USD Delivery ZAR/USD Monthly: BRL/USD and Options, USD/CLP Weekly BRL/USD Options Monthly RUB/USD and Options Delivery: USD/CNH, E-micro USD/CNH 98

104 2016 FX Product Guide and Calendar MONTH CODE: G FEBRUARY 2016 SUN MON TUE WED THU FRI /334 33/333 Personal Income 3 34/332 ECB Meeting /331 36/330 Factory Orders Unemployment Claims International Trade Employment SAT / / / /324 43/323 Unemployment Retail Sales Claims / / /318 49/317 50/316 PPI Unemployment CPI Housing Starts Claims Industrial Production and Capacity Utilization ECB Meeting / /312 Consumer Confidence 24 55/311 New Home Sales 25 56/310 Durable Goods Unemployment Claims /309 Personal Income GDP /306 Purchasing Managers of Chicago (PMI) Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Serial Currency Options Monthly: MXN/USD Options, ZAR/USD Options Monthly: MXN/USD, ZAR/USD Monthly: CNY/USD and Options, CNY/EUR and Options, USD/CNY, E-micro USD/CNY, USD/CNH, E-micro USD/CNH Weekly ILS/USD Options Weekly Currency Options Serial ILS/USD Options Monthly KRW/USD and Options Delivery MXN/USD Delivery ZAR/USD Monthly: BRL/USD and Options, USD/CLP Weekly BRL/USD Options Monthly RUB/USD and Options Delivery USD/CNH, Delivery E-micro USD/CNH 99

105 cmegroup.com/fx MARCH 2016 MONTH CODE: H SUN MON TUE WED THU FRI SAT /305 62/304 63/303 Factory Orders Unemployment Claims 64/302 International Trade Employment /299 68/298 69/297 Bank of Canada 70/296 Unemployment Claims ECB Meeting 71/ w 16 X /292 75/291 Retail Sales PPI FOMC Meeting 76/290 CPI Housing Starts Industrial Production and Capacity Utilization FOMC Meeting ECB Meeting 77/289 Unemployment Claims ECB Meeting 78/ /285 82/284 83/283 84/282 85/281 New Homes Sales Durable Goods GDP Unemployment Claims /278 Personal Income 29 89/277 Consumer Confidence 30 90/ /275 Unemployment Claims Purchasing Managers of Chicago (PMI) Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Monthly: MXN/USD Options, ZAR/USD Options Weekly BRL/USD Options Weekly ILS/USD Options Weekly Currency Options Monthly: MXN/USD, ZAR/USD (expiration at 9:16 a.m. CT) Monthly KRW/USD and Options (expiration at 1:30 a.m. CT) Monthly: CNY/USD and Options, CNY/EUR and Options, USD/CNY, E-micro USD/CNY, USD/ CNH, E-micro USD/CNH (expiration at 8:00 p.m. CT) Quarterly ILS/USD Options Quarterly Currency Options 100 Monthly: BRL/USD and Options, USD/CLP (expiration at 9:15 a.m. CT) X Delivery Currency w Quarterly: USD/TRY, EUR/TRY (expiration at 12:30 a.m. CT) Weekly RUB/USD Options Monthly RUB/USD and Options (expiration at 3:00 a.m. CT) Quarterly : Standard: CAD/USD; E-micro: USD/CAD, CAD/USD (expiration at 9:16 a.m. CT) Quarterly : Standard: AUD/USD, CHF/USD, CZK/USD, Dow Jones CME FX$INDEX, EUR/USD, GBP/USD, HUF/USD, ILS/USD, JPY/USD, NZD/USD, NOK/USD, PLN/USD, SEK/USD; E-mini: EUR/USD, JPY/USD; E-micro: AUD/USD, EUR/USD, GBP/USD, USD/CHF, CHF/USD, USD/JPY, JPY/USD; Cross Rate (expiration at 9:16 a.m. CT)

106 2016 FX Product Guide and Calendar MONTH CODE: J APRIL 2016 SUN MON TUE WED THU FRI 1 92/274 Employment SAT /271 Factory Orders 5 96/270 International Trade 6 97/269 ECB Meeting 7 98/268 Unemployment Claims 8 99/ / / / / / Retail Sales PPI Bank of Canada CPI Unemployment Claims Industrial Production and Capacity Utilization / /256 Housing Starts / /254 Unemployment Claims ECB Meeting / /250 New Home Sales /249 Durable Goods FOMC Meeting Consumer Confidence /248 FOMC Meeting /247 GDP Unemployment Claims 120/246 Personal Income Purchasing Managers of Chicago (PMI) 30 Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Serial Currency Options Monthly: MXN/USD Options, ZAR/USD Options Monthly: MXN/USD, ZAR/USD Monthly: CNY/USD and Options, CNY/EUR and Options, USD/CNY, E-micro USD/CNY, USD/CNH, E-micro USD/CNH Weekly ILS/USD Options Weekly Currency Options Serial ILS/USD Options Monthly KRW/USD and Options Delivery MXN/USD Delivery ZAR/USD Monthly: BRL/USD and Options, USD/CLP Weekly BRL/USD Options Monthly RUB/USD and Options Delivery USD/CNH, Delivery E-micro USD/CNH 101

107 cmegroup.com/fx MAY 2016 MONTH CODE: K SUN MON TUE WED THU FRI / / / / /239 International Unemployment Employment Trade Claims Factory Orders ECB Meeting SAT / / / / /232 Unemployment Retail Sales Claims PPI / / /227 Industrial Production ECB Meeting and Capacity Utilization Housing Starts CPI /226 Unemployment Claims / / /221 New Home Sales /220 Bank of Canada / /218 Unemployment GDP Claims Durable Goods / /214 Purchasing Managers of Chicago (PMI) Personal Income Consumer Confidence Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Serial Currency Options Monthly: MXN/USD Options, ZAR/USD Options Monthly: MXN/USD, ZAR/USD Monthly: CNY/USD and Options, CNY/EUR and Options, USD/CNY, E-micro USD/CNY, USD/CNH, E-micro USD/CNH Weekly ILS/USD Options Weekly Currency Options Serial ILS/USD Options Monthly KRW/USD and Options Delivery MXN/USD Delivery ZAR/USD Monthly: BRL/USD and Options, USD/CLP Weekly BRL/USD Options Monthly RUB/USD and Options Delivery USD/CNH, Delivery E-micro USD/CNH 102

108 2016 FX Product Guide and Calendar MONTH CODE: M JUNE 2016 SUN MON TUE WED THU FRI / / /211 Unemployment International Claims Trade ECB Meeting Factory Orders Employment SAT / / / /205 Unemployment Claims / / w 166/200 Retail Sales FOMC Meeting 15 X / /198 PPI CPI Industrial Production and Capacity Claims Unemployment Utilization FOMC Meeting /197 Housing Starts / / /192 ECB Meeting /191 New Home Sales Unemployment Claims ECB Meeting /190 Durable Goods / /186 GDP Consumer Confidence /185 Personal Income /184 Unemployment Claims Purchasing Managers of Chicago (PMI) Information from public sources. CME Group is not responsible for its accuracy or any changes. Monthly: MXN/USD Options, ZAR/USD Options Weekly BRL/USD Options Weekly ILS/USD Options Weekly Currency Options Monthly: MXN/USD, ZAR/USD (expiration at 9:16 a.m. CT) Monthly KRW/USD and Options (expiration at 1:30 a.m. CT) Monthly: CNY/USD and Options, CNY/EUR and Options, USD/CNY, E-micro USD/CNY, USD/CNH, E-micro USD/CNH (expiration at 8:00 p.m. CT) Quarterly ILS/USD Options Quarterly Currency Options Monthly: BRL/USD and Options, USD/CLP (expiration at 9:15 a.m. CT) X Delivery Currency w Quarterly: USD/TRY, EUR/TRY (expiration at 12:30 a.m. CT) Weekly RUB/USD Options Monthly RUB/USD and Options (expiration at 3:00 a.m. CT) Quarterly : Standard: CAD/USD; E-micro: USD/CAD, CAD/USD (expiration at 9:16 a.m. CT) Quarterly : Standard: AUD/USD, CHF/USD, CZK/USD, Dow Jones CME FX$INDEX, EUR/USD, GBP/USD, HUF/ USD, ILS/USD, JPY/USD, NZD/USD, NOK/USD, PLN/USD, SEK/USD; E-mini: EUR/USD, JPY/USD; E-micro: AUD/USD, EUR/USD, GBP/USD, USD/CHF, CHF/ USD, USD/JPY, JPY/USD; Cross Rate (expiration at 9:16 a.m. CT) 103

109 cmegroup.com/fx JULY 2016 MONTH CODE: N SUN MON TUE WED THU FRI 1 183/183 SAT / /179 Factory Orders 6 188/178 ECB Meeting International Trade / /176 Unemployment Employment Claims / / / / / Bank of Canada PPI Unemployment Claims CPI Industrial Production and Capacity Utilization Retail Sales / /165 Housing Starts / /163 ECB Meeting Unemployment Claims / / / /157 Consumer Durable Goods Confidence FOMC Meeting FOMC Meeting New Home Sales /156 Unemployment Claims 211/155 GDP Purchasing Managers of Chicago (PMI) 30 Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Serial Currency Options Monthly: MXN/USD Options, ZAR/USD Options Monthly: MXN/USD, ZAR/USD Monthly: CNY/USD and Options, USD/CNY, E-micro USD/CNY, USD/CNH, E-micro USD/CNH, CNY/EUR and Options Weekly ILS/USD Options Weekly Currency Options Serial ILS/USD Options Monthly KRW/USD and Options Delivery MXN/USD Delivery ZAR/USD Monthly: BRL/USD and Options, USD/CLP Weekly BRL/USD Options Monthly RUB/USD and Options Delivery USD/CNH, Delivery E-micro USD/CNH 104

110 2016 FX Product Guide and Calendar MONTH CODE: Q AUGUST 2016 SUN 1 214/152 MON TUE WED THU FRI 2 215/151 Personal Income 3 216/150 ECB Meeting / /148 Factory Orders Unemployment Claims Employment International Trade SAT / / / / /141 Unemployment PPI Claims Retail Sales / / /136 CPI Housing Starts Industrial Production and Capacity Utilization /135 Unemployment Claims / / / /129 New Home Sales / /127 Durable Goods GDP Unemployment Claims /124 Personal Income /123 Consumer Confidence /122 Purchasing Managers of Chicago (PMI) Information from public sources. CME Group is not responsible for its accuracy or any changes. Serial Currency Options Serial ILS/USD Options Monthly: MXN/USD Options, Monthly KRW/USD and Options ZAR/USD Options Delivery MXN/USD Monthly: MXN/USD, Delivery ZAR/USD ZAR/USD Monthly: BRL/USD and Options, Monthly: CNY/USD USD/CLP andoptions, USD/CNY, E-micro USD/CNY, CNY/EUR Weekly BRL/USD Options and Options, USD/CNH, Monthly RUB/USD and Options E-micro USD/CNH Delivery USD/CNH, Delivery Weekly ILS/USD Options E-micro USD/CNH Weekly Currency Options 105

111 cmegroup.com/fx SEPTEMBER 2016 SUN MON TUE WED THU FRI MONTH CODE: U / /120 Unemployment International Claims Trade Factory Orders Employment SAT / / / /114 Bank of Canada Unemployment Claims ECB Meeting 9 253/ / / / / /106 Retail Sales CPI PPI Industrial Production and Capacity Utilization Unemployment Claims / w 264/102 Housing Starts FOMC Meeting 21 X 265/101 FOMC Meeting ECB Meeting /100 Unemployment Claims ECB Meeting / /96 New Home Sales /95 Consumer Confidence /94 Durable Goods /93 GDP Unemployment Claims 274/92 Personal Income Purchasing Managers of Chicago (PMI) Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Monthly: MXN/USD Options, ZAR/USD Options Weekly BRL/USD Options Weekly ILS/USD Options Weekly Currency Options Monthly: MXN/USD, ZAR/USD (expiration at 9:16 a.m. CT) Monthly KRW/USD and Options (expiration at 1:30 a.m. CT) Monthly: CNY/USD and Options, USD/CNY, E-micro USD/CNY, CNY/EUR and Options, USD/CNH, E-micro USD/CNH (expiration at 8:00 p.m. CT) Quarterly ILS/USD Options Quarterly Currency Options 106 Monthly BRL/USD and Options, USD/CLP (expiration at 9:15 a.m. CT) X Delivery Currency w Quarterly: USD/TRY, EUR/TRY (expiration at 12:30 a.m. CT) Weekly RUB/USD Options Monthly RUB/USD and Options (expiration at 3:00 a.m. CT) Quarterly : Standard: CAD/USD; E-micro: USD/CAD, CAD/USD (expiration at 9:16 a.m. CT) Quarterly : Standard: AUD/USD, CHF/USD, CZK/USD, Dow Jones CME FX$INDEX, EUR/USD, GBP/USD, HUF/ USD, ILS/USD, JPY/USD, NZD/USD, NOK/ USD, PLN/USD, SEK/USD; E-mini: EUR/ USD, JPY/USD; E-micro: AUD/USD, EUR/ USD, GBP/USD, USD/CHF, CHF/USD, USD/ JPY, JPY/USD; Cross Rate (expiration at 9:16 a.m. CT)

112 2016 FX Product Guide and Calendar MONTH CODE: V OCTOBER 2016 SUN MON TUE WED THU FRI SAT / / /87 ECB Meeting Factory Orders International Trade 6 280/86 Unemployment Claims 7 281/85 Employment / / / /79 288/78 Unemployment PPI Claims Retail Sales /75 292/74 Industrial Production CPI and Capacity Utilization /73 294/72 Bank of Canada Housing Starts ECB Meeting Unemployment Claims / / /67 Consumer Confidence /66 New Home Sales /65 Durable Goods Unemployment Claims /64 GDP /61 Personal Income Purchasing Managers of Chicago (PMI) Information from public sources. CME Group is not responsible for its accuracy or any changes. Serial Currency Options Monthly: MXN/USD Options, ZAR/USD Options Monthly: CNY/USD and Options, USD/CNY, E-micro USD/CNY, CNY/EUR and Options, USD/CNH, E-micro USD/CNH Weekly ILS/USD Options Weekly Currency Options Monthly: MXN/USD, ZAR/USD Serial ILS/USD Options Monthly KRW/USD and Options Delivery MXN/USD Delivery ZAR/USD Monthly: BRL/USD and Options, USD/CLP Weekly BRL/USD Options Floor Currencies and Interest Rates closed Floor Agriculturals and Equities normal day Monthly RUB/USD and Options Delivery USD/CNH, Delivery E-micro USD/CNH 107

113 cmegroup.com/fx NOVEMBER 2016 MONTH CODE: X SUN MON TUE WED THU FRI SAT 1 306/60 FOMC Meeting 2 307/59 ECB Meeting FOMC Meeting 3 308/58 Factory Orders Unemployment Claims 4 309/57 Employment International Trade / / / /51 Unemployment Claims / / /46 Retail Sales /45 322/44 ECB Meeting CPI Industrial Production Housing Starts and Capacity Unemployment Utilization Claims PPI / / / /38 329/37 Durable Goods New Home Sales Unemployment Claims / / /32 Consumer Confidence GDP /31 Personal Income Purchasing Managers of Chicago (PMI) Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Serial Currency Options Monthly: MXN/USD Options, ZAR/USD Options Monthly: CNY/USD and Options, USD/CNY, E-micro USD/CNY, CNY/EUR and Options, USD/CNH, E-micro USD/CNH Weekly ILS/USD Options Weekly Currency Options Monthly: MXN/USD, ZAR/USD Serial ILS/USD Options Monthly KRW/USD and Options Delivery MXN/USD Delivery ZAR/USD Monthly: BRL/USD and Options, USD/CLP Weekly BRL/USD Options Floor Currencies and Interest Rates closed Floor Agriculturals and Equities normal day Monthly RUB/USD and Options Delivery USD/CNH, Delivery E-micro USD/CNH 108

114 2016 FX Product Guide and Calendar MONTH CODE: Z DECEMBER 2016 SUN MON TUE WED THU FRI SAT /30 337/29 Unemployment Employment Claims / /25 Factory Orders International Trade /24 Bank of Canada 343/23 ECB Meeting Unemployment Claims 9 344/ / /18 FOMC Meeting /17 ECB Meeting FOMC Meeting Industrial Production and Capacity Utilization PPI Retail Sales /16 CPI ECB Meeting Unemployment Claims /15 Housing Starts /12 20 w 355/11 21 X 356/ /9 Durable Goods GDP Personal Income Unemployment Claims /8 New Home Sales / /4 Consumer Confidence / /2 365/1 Unemployment Purchasing Claims Managers of Chicago (PMI) 31 Information from public sources. CME Group is not responsible for its accuracy or any changes. CME Group Holiday Monthly: MXN/USD Options, ZAR/USD Options Weekly BRL/USD Options Weekly ILS/USD Options Weekly Currency Options Monthly: MXN/USD, ZAR/USD (expiration at 9:16 a.m. CT) Monthly KRW/USD and Options (expiration at 1:30 a.m. CT) Monthly: CNY/USD and Options, USD/CNY, E-micro USD/ CNY, CNY/EUR and Options (expiration at 8:00 p.m. CT), USD/ CNH, E-micro USD/CNH Quarterly ILS/USD Options Quarterly Currency Options Monthly: BRL/USD and Options, USD/CLP (expiration at 9:15 a.m. CT) X Delivery Currency w Quarterly: USD/TRY, EUR/TRY (expiration at 12:30 a.m. CT) Weekly RUB/USD Options Monthly RUB/USD and Options (expiration at 3:00 a.m. CT) Quarterly : Standard: CAD/USD; E-micro: USD/CAD, CAD/USD (expiration at 9:16 a.m. CT) Quarterly : Standard: AUD/USD, CHF/USD, CZK/USD, Dow Jones CME FX$INDEX, EUR/USD, GBP/USD, HUF/ USD, ILS/USD, JPY/USD, NZD/USD, NOK/USD, PLN/USD, SEK/USD; E-mini: EUR/USD, JPY/USD; E-micro: AUD/USD, EUR/USD, GBP/USD, USD/CHF, CHF/ USD, USD/JPY, JPY/USD; Cross Rate (expiration at 9:16 a.m. CT) Delivery ZAR/USD 109

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116 CONTACT INFORMATION CME GROUP GLOBAL FX TEAM For more information, the CME FX team at For more on our CME FX offering, visit cmegroup.com/fx CME GLOBEX CONTROL CENTER UNITED STATES OUTSIDE THE UNITED STATES

117 The information within this brochure has been compiled by CME Group for general purposes only. CME Group assumes no responsibility for any errors or omissions. Additionally, all examples in this brochure are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the results of actual market experience. The information contained in this brochure is provided as is and without any warranty of any kind, either express or implied. CME Group assumes no responsibility for any errors or omissions. The information and any materials contained in this brochure should not be considered as an offer or solicitation to buy or sell financial instruments, provide financial advice, create a trading platform, facilitate or take deposits or provide any other financial products or financial services of any kind in any jurisdiction. The information contained in this presentation is provided for information purposes only and is not intended to provide, and should not be construed as, advice. It does not take into account your objectives, financial situation or needs. You should obtain appropriate professional advice before acting on or relying on this material. and options trading is not suitable for all investors, and involves the risk of loss. are a leveraged investment, and because only a percentage of a contract s value is required to trade, it is possible to lose more than the amount of money deposited for a futures position. Therefore, traders should only use funds that they can afford to lose without affecting their lifestyles. And only a portion of those funds should be devoted to any one trade because they cannot expect to profit on every trade. All examples in this brochure are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the results of actual market experience. All matters pertaining to rules and specifications herein are made subject to and are superseded by official Exchange rules. Current rules should be consulted in all cases concerning contract specifications. CME, CBOT and NYMEX are each registered as a Recognized Market Operator in Singapore and authorized as Automated Trading Service providers in Hong Kong S.A.R. Further the information contained herein does not constitute the provision of direct access with any foreign financial instrument market or clearing services for foreign financial instrument market transactions defined under Japan s Financial Instrument & Exchange Act (Law No. 25 of 1948, as amended). CME Europe Limited is not registered or licensed to provide, nor does it purport to provide financial services of any kind in any jurisdiction in Asia including Hong Kong, Singapore or Japan. None of CME Group entities are registered or licensed to provide, nor does it purport to provide, financial services of any kind in People s Republic of China or Taiwan. This brochure is for distribution in Korea and Australia solely to professional investors, as defined in Article 9(5) of the Financial Investment Services and Capital Markets Act and related rules and in the Corporations Act 2001 (Cth) and related rules respectively, circulation should be restricted accordingly. CME Group and 芝 商 所 are trademarks of CME Group Inc. The Globe logo, E-mini, E-micro, Globex, CME, CME Direct, CME Direct Messenger and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. ( CME ) CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc. ( CBOT ). ClearPort and NYMEX are trademarks of the New York Mercantile Exchange, Inc. ( NYMEX ) These may not be modified, reproduced, stored in a retrievable system, transmitted, copied, distributed or otherwise used without the written permission of the party owning these materials. For persons based in the EEA, this brochure has been issued by CME Marketing Europe Limited. CME Marketing Europe Limited (FRN: ) is authorized and regulated by the Financial Conduct Authority in the United Kingdom. Copyright 2016 CME Group and 芝 商 所 All rights reserved.

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