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 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) |