USD/CNH Futures
Contract Months Spot month, the next three calendar months and the next three calendar quarter months
Contract Size USD100,000
Minimum Fluctuation RMB 0.0001 (4 decimal places)
Trading Hours 8:30 a.m. – 4:30 p.m. (No break at noon) and
5:15 p.m. – 3:00 a.m. (Expiring contract month closes at 11:00 am on the Last Trading Day)
Final Settlement Day The third Wednesday of the Contract Month
Last Trading Day Two Hong Kong Business Days prior to the Final Settlement Day
Final Settlement Price Spot USD/CNY (HK) fixing published at 11:15 a.m. on the Last Trading Day by Hong Kong Treasury Markets Association (TMA)
Settlement Method Delivery of USD by the Seller and payment of the Final Settlement Value in RMB by the Buyer
Exchange Fee RMB8.00 per contract per side
Block Trade Threshold 50 contracts