GLOBEX Advisory Notices
To | CME Globex Customers
From | CME Globex Account Management
Subject | CME Globex Product Launches
Notice Date | 2008-01-07
Notice Number | 20080107
Effective Date | 1969-12-31
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
Crude Oil | LO | LCE | 35
Natural Gas | GZ | LNE | 36
These European-style NYMEX options are currently available for customer testing in the New Release environment. © Copyright 2008 CME Group All rights reserved. The Globe Logo, Globex®, iLink® and CME® are trademarks of CME Group.