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 which 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)

 

Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms & Risk Warning 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 Margin FX products may result in your losses exceeding your initial deposits. Saxo Markets does not provide financial advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Markets does not take into account an individual’s needs, objectives or financial situation.

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

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.

This advertisement has not been reviewed by the Monetary Authority of Singapore.