Clearing House Advisory Notices
To | Clearing Member Firms
From | CME Clearing
Subject | Volatility-Quoted Foreign Currency Options – Will Be Listed For Trading March, 09, 2008
Notice Date | 2008-03-06
Notice Number | 08-37
Effective Date | 2008-03-09
As a reminder, volatility-quoted foreign currency options will be listed for trading on the CME Globex ® electronic trading platform on Sunday, March 9, 2008 for trade date March 10, 2008. Volatility–based quoting facilitates “delta-neutral” trading, reducing the execution risk that is inherent to trading in premium-quoted options. The volatility quoted options were previously announced in Clearing Advisory 07-271 dated November 9, 2007. Please see below link for more details: http://www.cme.com../files/Chadv07-271.pdf For questions regarding this notice, please contact CME Clearing Services at (312) 207-2525. Thank you. Printer Friendy Version...