Daily Settlement Price The 4pm Chicago Time spot price for the New York close. Contract carries a daily interest rate payment from the low interest currency to the high interest currency. This payment will be converted to the pricing currency using the closing price when applicable. Final Settlement Price Noon Fed Fix rate as defined at 11am Chicago Time on the last trading day. Trading Session 5:25pm to 4:00 pm, Sunday evening through Friday, Chicago time Final Settlement Time 11am Chicago Time Last Trading Day Two business days before the third Wednesday of the Delivery Month Expiration Cycle First expiry is December 2011. Delivery Details Settlement will result in the delivery of cash on the second business day following settlement. Disclaimer Neither USFE, nor its representatives, agents, or employees are responsible for omissions contained on any pages of the USFE website, which is designed for informational purposes only and shall not constitute investment advice, nor is it intended for solicitation purposes. USFE offers services directly to USFE members. Those who desire to trade, offer, or sell any products available on the USFE market should consider the legal and regulatory requirements of those jurisdictions relevant to them, and the risks associated with such products. © U.S. Futures Exchange 2006 | ||||||||||||||||||||||||||||