Go to the Chicago Mercantile Exchange Web site (www.cmegroup.com) and link to the tab for CME Trading, then Foreign Exchange (FX). Link to the Euro contracts and answer the following questions about the futures contract (see Contract Specifications):
What is the size (number of euros) of each contract?
What is the tick size (minimum price increment) for the contract?
What time period during the day is the contract traded?
If the delivery option is exercised, when and where does delivery take place?