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. |