| Trading Platform: |
| Electronic and Open Auction |
| Trading Unit: |
| One CBOT® 100 oz. Gold futures contract of a specified month |
| Trading Hours: |
|
Electronic: 6:18 p.m. to 4:00 p.m. (Chicago time) On the last day of trading in an expiring option, the closing time for such options is 12:30 p.m. (Chicago time) |
| Trading Months: |
| Trading may be conducted in the nearby Gold futures options contract month plus any succeeding months provided however, that the Exchange may determine not to list a contract month. All option contract months shall expire into the nearest of the standard six month contract cycle. For option contracts traded in February, April, June, August, October or December, the underlying futures contract will be the corresponding February, April, June, August, October or December futures contract. For serial option contracts traded in January, March, May, July, September or November, the underlying futures contract will be the nearest February, April, June, August, October or December futures contract, respectively. For example, the underlying futures contract for a January serial option is the nearest February futures contract. |
| Last Trading Day: |
| The last trading day for standard Gold futures options (Feb, Apr, Jun, Aug, Oct, Dec) shall be the fourth business day prior to the first calendar day of the corresponding Gold futures delivery month. The last trading day for serial Gold futures options (Jan, Mar, May, Jul, Sep, Nov) shall be the fourth business day prior to the first calendar day of the option month. If the last trading day falls on a Friday or immediately prior to an Exchange holiday, last trading day will occur on the previous business day. |
| Exercise Style: |
| Gold Futures Options are American-style exercise. The buyer of a Gold Futures Option may exercise the option on any business day prior to expiration by giving notice of exercise to the Clearing Services Provider by 6:00 p.m., Chicago Time. On the last day of trading, in-the-money options are automatically exercised unless notice to cancel automatic exercise is given to the Clearing Services Provider by 6:00 p.m., Chicago Time. |
| Strike Price Intervals: |
| In integral multiples of $5 per ounce, $10 per ounce and $25 per ounce |
| Tick Size: |
| $0.10 per troy ounce ($10 per contract) |
| Daily Price Limits: |
| None |
| Expiration: |
| Unexercised Gold futures options shall expire at 7:00 p.m. (Chicago time) on the last day of trading |
| Ticker Symbol: |
| Electronic: OZG (OZGC for calls and OZGP for puts) Open Auction: AU (AUC for calls and AUP for puts) |