28 October 2016

G6 FX Futures Options converting to European-style options

​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 ContractClearing / 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)