CME Group Canadian Dollar

CME Group Canadian Dollar is a futures contract traded on the Chicago Mercantile Exchange (CME) that allows market participants to hedge or speculate on the exchange rate between the Canadian dollar and the U.S. dollar.
== History ==
The Canadian dollar futures contract was first introduced by the International Monetary Market and the Chicago Mercantile Exchange in 1974, making it one of the earliest currency futures contracts offered. It was launched as part of CME's expansion into currency futures trading following the collapse of the Bretton Woods system of fixed exchange rates in the early 1970s.
== Products and Services ==
The standard CME Canadian dollar futures contract represents 100,000 Canadian dollars. Key features include:
* Contract size: 100,000 Canadian dollars
* Minimum price fluctuation: $0.0001 per Canadian dollar (CAD $10 per contract)
* Trading hours: Sunday - Friday 5:00 p.m. - 4:00 p.m. Central Time (CT) with a 60-minute break each day beginning at 4:00 p.m. CT
* Settlement procedure: Physically delivered
* Position limits: 6,000 contracts net long or short in all contract months combined
In addition to the standard contract, CME Group also offers E-mini Canadian dollar futures (contract size of 50,000 CAD) and options on Canadian dollar futures.
Canadian dollar futures	and options	Canadian dollar futures	and options 	Canadian dollar futures	and options
Contract Unit 	100,000 Canadian dollars 	100,000 Canadian dollars
Trading Hours 	CME Globex: 	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Trading Hours 	CME ClearPort: 	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation	Outrights: .00005 USD per CAD ($5.00 USD).
Consecutive Month Spreads (Globex only): 0.00001 USD per CAD (1.00 USD)
All other Spread Combinations: 0.00002 USD per CAD (2.00 USD).	Outrights: .00005 USD per CAD ($5.00 USD).
Consecutive Month Spreads (Globex only): 0.00001 USD per CAD (1.00 USD)
All other Spread Combinations: 0.00002 USD per CAD (2.00 USD).
Product Code 	CME Globex: 6C
CME ClearPort: C1
Clearing: C1 	CME Globex: 6C
CME ClearPort: C1
Clearing: C1
Listed Contracts 	Contracts listed for the first 3 consecutive months and 20 months in the March quarterly cycle (Mar, Jun, Sep, Dec) 	Contracts listed for the first 3 consecutive months and 20 months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Settlement Method 	Deliverable 	Deliverable
Termination of Trading 	9:16 a.m. Central Time (CT) on the business day immediately preceding the third Wednesday of the contract month (usually Tuesday).	9:16 a.m. Central Time (CT) on the business day immediately preceding the third Wednesday of the contract month (usually Tuesday).
Settlement Procedures 	Physical Delivery
Canadian Dollar Settlement Procedures " 	Physical Delivery
Canadian Dollar Settlement Procedures "
Position Limits 	CME Position Limits 	CME Position Limits
Exchange Rulebook 	CME 252 	CME 252
Block minimum 	Block Minimum Thresholds 	Block Minimum Thresholds
Price Limit or Circuit 	Price Limits 	Price Limits
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing
										
== Notes ==
E-quivalents®, a Web-based application that displays real-time CME Group eFX futures prices in spot equivalent terms is available for traders accustomed to trading FX spot markets. 
== Also See ==
CME Group foreign currency products
== Resources ==
*Canadian Dollar Contract Specs
*CME Group Web site
Category:CME Group
*Canadian Dollar Settlement Procedures
*CME Position Limits
*CME 252
*Block Minimum Thresholds
*Price Limits
*Quote Vendor Symbols Listing
== References ==
Category:Sponsored Pages
Category:Sponsored Pages - CME
Category:Reserved Pages
Category:Reserved Pages - CME
Category:Canadian dollar Futures Contracts
Category:Futures Contracts Traded on CME Group
Category:Currency Futures Contracts
Category:Canadian dollar Options
Category:Options Traded on CME Group
Category:Currency Options
Category:Futures Data in Template
Category:CME Group
Category:Currency
Category:Futures
Category:Foreign Exchange
Category:Derivatives