Effective Monday, June 23, 2003, under the CFTC exchange certification procedure, additional strikes will be listed for British pound options traded on the Exchange floor.  There will be no change in strike listings for British pound options traded on GLOBEX.  Recently, there has been interest in these additional listings.  For British pound options traded on the floor, the Exchange will now list put and call options at the regular exercise price that is nearest the previous day’s settlement price of the underlying futures contract and the next eighteen higher and the next eighteen lower regular exercise prices. Previously, the Exchange listed put and call options at the regular exercise price that is nearest the previous day’s settlement price of the underlying futures contract and the next twelve higher and the next twelve lower regular exercise prices.

If you have any questions, please contact Marilee Radecki at mradecki@cme.com. 

Thank you.