| Market Data Advisory Notices |
| To |
Market Data Distributors |
| From |
Market Data Operations |
| Subject |
Volatility-Quoted FX Options - Coming in February 2008 |
| Notice Date |
2007-11-14 |
| Notice Number |
Q2007-289 |
| Effective Date |
2007-11-14
|
| CME
Group plans to offer
volatility-quoted FX options for
trading on the CME Globex
®
electronic
trading platform, beginning in the first quarter 2008. Volatility – based quoting facilitates “
delta-neutral” trading, virtually eliminating the execution risk that is inherent to trading in
premium-quoted options. |
|
|