Canadian Dollar Futures and Options

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Financial institutions, investment managers, corporations and private investors can use Canadian dollar futures and options to manage the risks associated with currency rate fluctuation and to take advantage of profit opportunities stemming from changes in currency rates.

Canadian Dollar Futures and Options
Contract Specifications

Trading Unit
Canadian Dollar Futures: 100,000 Canadian dollars Physically delivered
Canadian Dollar Options: One Candian dollar futures contract

Trading Hours
Futures: Floor 7:20a.m.-2:00p.m. LTD (9:16a.m.) GLBX2 Mon/Thurs 4:30p.m.-4:00p.m. Sun & Hol 5:30p.m.- 4:00p.m.
Options: Floor/7:20a.m.-2:00a.m. LTD (2:00p.m.) GLBX2 Mon-Thurs 2:30p.m.-7:05a.m. Sun & Hol 5:30p.m.-7:05a.m.

Trading Months
Futures: Six months in the March Quarterly cycle, Mar, Jun, Sep, Dec
Options: Four months in the March cycle and two months not in the March cycle, plus 4 weekly expirations

Point Description
Futures: 1 point = $.0001 per Canadian dollar = $10.00 per contract
Options: 1 point = $.0001 per Canadian dollar = $10.00 per contract

Minimum Price Fluctuation
Futures: Regular/0.0002 = $12.50, Calendar Spread/0.00005 = $5.00, All or none/0.00005 = $5.00
Options: Regular/0.0001 = $10.00, Cab 0.00005 = $5.00, Special "Half Tick" 0.00005 = $5.00 for premium < 0.00005, spreads w/net premium < 0.0005, non-generic combo trades < 0.0010.

Options Strike Prices
$.005 per Canadian dollar, e.g. $.700, $.705, $.710, etc.

Product Code
Futures: Clearing calls/Puts=C1, Ticker Calls=CV, Ticker Puts=PV PRS, Calls/Puts=OV, Weekly Expiration Options: Calls=1CC/5CC, Puts=1 CP/5CP, AON=LK (100 Threshold)
Options: Clearing=C1,Ticker=CD, GLOBEX2=6C, PRS=CD, AON=LK, (100 Threshold)