White Label Clients
Monthly Notification, Saxo Bank
27 October 2016
CME is moving from American-style to European-style on G6 FX Futures options. Weekly options and monthly options with expiries in 2017 are now traded as Eur...
CME is moving from American-style to European-style on G6 FX Futures options. Weekly options and monthly options with expiries in 2017 are now traded as European-style options.
- Six major premium-quoted European-style FX Futures options will replace American-style premium-quoted options
- American-style FX options currently listed on these six major FX will expire at their currently scheduled expiries
- Any new monthly listings will be listed as European-style options
- European-style weekly, monthly and quarterly options on AUD/USD, GBP/USD, CAD/USD, EUR/USD, JPY/USD and CHF/USD will exercise into the nearest quarterly Futures contract
| Option Contract | Clearing / Globex code |
AUS/USD Premium-quoted European-style option
2 PM Fix | ADU
1AD – 5AD (Weeklies) |
GBP/USD Premium-quoted European-style option
2 PM Fix | GBU
1BP – 5BP (Weeklies) |
CAD/USD Premium-quoted European-style option
2 PM Fix | CAU
1CD – 5CD (Weeklies) |
EUR/USD Premium-quoted European-style option
2 PM Fix | EUU
1EU– 5EU (Weeklies) |
JPY/USD Premium-quoted European-style option
2 PM Fix | JPU
1JY – 5JY (Weeklies) |
CHF/USD Premium-quoted European-style option
2 PM Fix | CHU
1SF – 5SF (Weeklies) |