Foreign Currencies Trading

Since 1988

12100 Wilshire Blvd
Suite 1640
Los Angeles, CA 90025
(800) 454-9572 USA
(310) 859-9572 International

Trade the Forex Market, the Currency Futures Market, and the E-Micro Forex Futures Market in one Platform.

Home > About the E-Micro FX Futures Market

About the E-Micro FX Futures Market

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Overview

1/10th the standard contract size

E-Micro FX Futures are 1/10th of the size of standard Forex futures and have 1/10th the risk exposure (comparing an equal number of Forex futures contracts and E-Micro contracts, the E-Micro contracts would have smaller risk because of their smaller size).

Six Currency Pairs

Trade EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD, and USD/CHF.

Security

CME Group provides security through centralized clearing, guaranteed counterparty credit and segregation of customer funds.

Largest Regulated Forex Market

E-Micro FX Futures are traded on exchange with the Chicago Mercantile Exchange, which is regulated by the Commodity Futures Trading Commission. With more than $100 billion in daily liquidity, CME Forex is the largest regulated Forex marketplace in the world. The CME Forex product suite consists of 49 futures and 32 options contracts based on 20 currencies.

E-Micro FX Futures Contract Specifications

	E-Micro EUR/USD	E-Micro USD/JPY	E-Micro GPB/USD
Contract Size	12,500 euros	10,000 US dollars	6,250 British pounds
Delivery	Cash settled	Cash settled	Cash settled
Minimum Tick Size	0.001 USD/EUR (= US$1.25)	0.01 JPY/USD (= ¥100)	0.0001 USD/GBP (= 1.00 CAD)
Contract Value	If USD/EUR = 1.3000 then contract = $16,250 (= €12,500 x $1.3000/€)	If JPY/USD = 93.00 then contract = ¥930,000 (= $10,000 x 93.00¥/$)	If USD/GBP = 1.5000 then contract = $9,375 (= £6,250 x $1.5000/£)
Ticker Symbols	M6E	M6J	M6B
Contract Months	Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trade Date/Time	9:16 am on the second business day immediately preceding the third Wednesday of the contract month (usually Monday)
Trading Hours	Sundays: 5:00 pm - 4:00 pm the next day Monday - Friday: 5:00 pm - 4:00 pm the next day, except on Friday, which closes at 4:00pm and reopens Sunday at 5:00 pm

	E-Micro USD/CAD	E-Micro AUD/USD	E-Micro USD/CHF
Contract Size	10,000 US dollars	10,000 Australian dollars	10,000 US dollars
Delivery	Cash settled	Cash settled	Cash settled
Minimum Tick Size	0.0001 USD/AUD (= 1.00 CAD)	0.0001 USD/AUD (= US$1.00)	0.0001 CHF/USD (= 1.00 CHF)
Contract Value	If CAD/USD = 1.2500 then contract = 12,500 CAD (= $10,000 x 1.2500	If USD/AUD = 0.6600 then contract = US$6,600 (= 10,000 AUD x US$0.6600/AUD)	If CHF/USD = 1.2000 then contract = 12,000 CHF (= $10,000 x 1.2000 CHF/$)
Ticker Symbols	M6C	M6A	M6S
Contract Months	Two months in the March quarterly cycle (Mar, Jun, Sep, Dec)
Last Trade Date/Time	9:16 am on the business day immediately preceding the third Wednesday of the contract month (usually Tuesday)	9:16 am on the second business day immediately preceding the third Wednesday of the contract month (usually Monday)	9:16 am on the second business day immediately preceding the third Wednesday of the contract month (usually Monday)
Trading Hours	Sundays: 5:00 pm - 4:00 pm the next day Monday - Friday: 5:00 pm - 4:00 pm the next day, except on Friday, which closes at 4:00pm and reopens Sunday at 5:00 pm

About Us \| Privacy \| Contact Us Cannon Trading is registered with the Commodity Futures Trading Commission and a member of the National Futures Association, the US Chamber of Commerce, and the Beverly Hills Chamber of Commerce.		Futures Risk Disclosure Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. Forex Risk Disclosure Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Continued → © 1988-2022 ForeignCurrencies.com All Rights Reserved.