Saxo Capital Markets uses cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy.
Okay
PrivateInstitutional
  • Search
  • Support
  • Login
General.Accessibility.Close

Quick Links

G6-FX-Futures-Options-converting-to-European-Style-options

Title: G6 FX Futures Options converting to European-Style options
Page Content:

​​​CME are 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 expiry

  • 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)

 

Share

Democratising trading
and investment for
more than 25 years.

Australia

Saxo Capital Markets (Australia) Pty Ltd.
Suite 1, Level 14, 9 Castlereagh St
Sydney NSW 2000
Australia

Contact Saxo

Products & pricing

Platforms & services

General

Losses can exceed deposits on margin products. Please ensure you understand the risks.

The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit www.home.saxo/en-au/about-us/awards

Saxo Capital Markets (Australia) Pty Ltd ABN 32 110 128 286 AFSL 280372 (‘Saxo’ or ‘Saxo Capital Markets’) is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms, Financial Services Guide and Product Disclosure Statement to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Trading in leveraged products such as CFDs and Margin FX products may result in your losses surpassing your initial deposits. Saxo Capital Markets does not provide ‘personal’ financial product advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Capital Markets does not take into account an individual’s needs, objectives or financial situation.

Apple, iPad and iPhone are trademarks of Apple Inc., registered in the US and other countries. AppStore is a service mark of Apple Inc.

The information or the products and services referred to on this website may be accessed worldwide, however is only intended for distribution to and use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. Products and Services offered on this website is not intended for residents of the United States and Japan.
Please click here to view our full disclaimer.