New CME Globex Product Launches
E-mini S&P 500 Options
Effective Sunday, January 20, 2008 (trade date Monday, January 21), the strike listing rules for E-mini S&P 500® options on futures will change as follows:
|E-mini S&P 500 Options Strike Listing Rules|
|Strike Interval||Current Listing Rules||New Listing Rules|
|5 index points||ATM ± 25||ATM ± 10%|
|10 index points||ATM ± 75||ATM ± 20%|
|25 index points||ATM ± 125||ATM ± 50%|
With this launch, CME Group is also listing one additional serial option, for a total of three serial and four March quarterly options. Currently, CME Group lists two serials and four quarterlies.
These new E-mini S&P 500 options are currently available for customer testing in New Release.
NYMEX European-style Crude Oil and Natural Gas Options Launch
Effective Sunday, January 20, 2008 (trade date Monday, January 21), European-style options on NYMEX Crude Oil and Natural Gas futures will launch on the CME Globex platform. These options will support full User-Defined Spreads (UDS) functionality at launch.
Complete CME Globex product specifications are available in the NYMEX & COMEX Options on CME Globex Snapshot. More information on European-style options is available from NYMEX Product Marketing at 212.299.2301.
|NYMEX European-style Options|
|Product||Instrument Group Code||Product Code||MDP Channel|
These European-style NYMEX options are currently available for customer testing in the New Release environment.
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