Volatility-Quoted Foreign Currency Options – Will Be Listed For Trading March, 09, 2008

As a reminder, volatility-quoted foreign currency options will be listed for trading on the CME Globex ^® electronic trading platform on Sunday, March 9, 2008 for trade date March 10, 2008. Volatility–based quoting facilitates “delta-neutral” trading, reducing the execution risk that is inherent to trading in premium-quoted options.  The volatility quoted options were previously announced in Clearing Advisory 07-271 dated November 9, 2007.  Please see below link for more details:

For the full text of this advisory...