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Table of Contents
CBOE Futures
Cboe Futures Exchange (CFE®) is the home of volatility futures, featuring futures on the Cboe® Volatility Index (VIX®). CFE is owned by Cboe Global Markets and trades on CFE are cleared by The Options Clearing Corporation (OCC). CFE is an all-electronic, open access market model with dedicated market makers and market participants providing liquidity.
Currency: US Dollar (USD)
Holiday Calendar & Trading Hours
Trading Hours: 18:00 - 16:15 ET (22 hours 15 minutes)
Trading Summary
Please make sure that you familiarize yourself with the expiration dates of the different contracts and the universal month codes for them. The month codes to denote contract expiration months are universal, and can be found on the Contract Month Codes page.
PPro8 symbology for CBOE contracts:
CCC\MYY
Where
CCC = 1–3 digit contract code
M = One-digit contract month
YY = Two-digit contract year
For example, XBT\F18 BitCoin futures contract, January 2018 expiry
Minimum BP per contract:
BitCoin Futures: contract size/BP = as per contract price
Cboe Volatility Index (VIX) Futures: contract size/BP = price * 1000
Order Types
- Limit Buy/Sell→ShortSell
- Market Buy/Sell→ShortSell
Basic Market Rules
- Lot Size: 1 contract.
- Tick Size: varies, see the Cboe Product Slate for more information.
- Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.
For more information, see the CFE Rulebook page.