One Ten-Year Government of Canada Bond Futures (CGB).

March, June, September and December, plus monthly options contracts based on the next quarterly futures contract that is nearest to the options contract.

Quoted in points where each 0.005 point (0.5 basis point) represents C$5.

Trading ceases on the 3rd Friday of the month preceding the options contract month provided, however, that such Friday is a business day and precedes by at least 2 business days the 1st notice day of the underlying futures contract.

American style

0.005 = C$5

Set at a minimum of 0.5 point intervals per Ten-Year Government of Canada Bond Futures

250 options or futures equivalent contracts. For the purpose of calculating the reporting limit, positions in the options contracts are aggregated with positions in the underlying futures contracts. For aggregation purposes, the futures equivalent of one in-the-money option contract is one futures contract and the futures equivalent of one at-the money or out-of-the-money option contract is half a futures contract.

None

• Early session: 6:00 a.m. to 8:05 a.m.
• Regular session: 8:20 a.m. to 3:00 p.m.
• Extended session*: 3:06 p.m. to 4:00 p.m.

* There is no extended session on the last trading day of the expiring contract month. Note: During early closing days, the regular session closes at 1:00 p.m., time at which the daily settlement price is established. In those circumstances, the extended session is from 1:06 p.m. to 1:30 p.m.