European Style Options on CME FX Futures
CME FX Products
TRADING HOURS (CENTRAL TIME) FOR CME EUROPEAN STYLE FX OPTIONS
CME Globex (Sunday through Friday)
5:00 p.m. (trading opens for the next trade date) to 4:00
p.m. the following day. On Friday CME Globex platform
closes at 4:00 p.m. and reopens Sunday at 5:00 p.m.
CME Trading Floor (Monday through Friday)
7:20 a.m. to 2:00 p.m., including the last day of trading.
To provide greater flexibility and expanded opportunities
for trading, CME is now offering European style options
on five of its currency futures products.
» CME British Pound – NEW
» CME Canadian Dollar – NEW
» CME Swiss Franc – NEW
» CME Euro FX
» CME Japanese Yen
These products can help limit downside risk and maximize
upside profits. They also:
Employ the exercise style of the over-the-counter
(OTC) FX markets
» Can only be exercised at expiration
» Are often priced lower than American style options
» Are traded around the world, virtually around the
clock, on the CME Globex® electronic trading platform
CME is the Place to Trade FX
CME is the world’s largest regulated FX marketplace and offers the third largest electronic FX trading platform. Daily turnover in
CME FX is approximately $60 billion in notional value. Customers also benefit from the guarantee of CME Clearing, which virtually
eliminates counterparty risk, and the speed, reliability and functionality of the CME Globex electronic trading platform.
CME continues to offer American style options on these products, traded both electronically
and on the trading floor. The contract specs are the same for both kinds of options; only
the exercise dates and procedures, and termination of trading differ.
More Choices for CME FX Options
The Globe Logo®, CME® and CME Globex® are trademarks of CME. The information within this brochure has been compiled by CME for general purposes only. CME assumes
no responsibility for any errors or omissions. All matters pertaining to rules and specifications herein are made subject to and are superseded