Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | Strike Price Interval Decreases By One-Half For All CME Foreign Exchange (FX) Options, Effective Monday, November 18, 2002.
Notice Date | November 11, 2002
Notice Number | Q2002-100
Effective Date |
On Thursday, November 7, 2002, the Board of Directors approved decreasing the strike price interval by one-half for all CME foreign exchange (FX) options to facilitate the roll and spread trading. In addition, in order to maintain the current strike price range, the number of strikes listed above and below the previous day’s settlement price of the underlying futures contract will be doubled. The new strike price intervals and strike price ranges for each currency is listed in the following table. Please view the attached notice, which includes the CME Foreign Currency Option Strike Prices and Ranges Table.