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Description

Cash-settled mini onshore Renminbi/US Dollar Futures

Market Specifications

Trading Screen Product Name

Mini CNY/USD

Trading Screen Hub Name

ICSG

Contract Symbol

CNM

Contract Size

100,000 Renminbi

Currency

USD

Trading Price Quotation

USD per Renminbi (CNY/USD)

Minimum Price Fluctuation

USD 0.00001 per Renminbi (USD 1 per contract)

Contract Series

Up to thirteen consecutive calendar months

Last Trading Day

Trading ceases at 9:00 AM Beijing time, two Beijing business days prior to the third Wednesday of the contract expiry month. In all cases, such other date as the Exchange specifies on its website from time to time may apply instead.

Final Settlement

The final settlement will be the reciprocal of the “Chinese Renminbi per US Dollar” fixing (or midpoint) rate published by the People’s Bank of China (PBC) at approximately 9:15 AM Beijing time on the last Trading Day of the contract month. The final settlement price reciprocal calculation shall be rounded to five decimal places.

ICE Clear Singapore will record cash settlement as of the Business Day (as defined in the ICE Clear Singapore rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICE Clear Singapore’s Finance Procedures and its Rules which may affect the timing of such payment.

Delivery/Settlement Terms

Cash-settled

Off Exchange Trade Types

For information on Block Trades click here.

For information on Exchange for Related Positions click here.

NCR, RL and IPL Levels

For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.

Daily Settlement Window

Click here

Position Limit

Click here

Trading Hours

Click here.

MIC Code

IFSG

Clearing Venues

ICSG

Related Products

• Mini Hong Kong Dollar/US Dollar Futures
• Mini Indonesian Rupiah/US Dollar Futures
• Mini Malaysian Ringgit/US Dollar Futures
• Mini Philippine Peso/US Dollar Futures
• Mini US Dollar/Offshore Renminbi Futures

Trading Hours

Codes