• CME Globex Product Launches

      • To
      • CME Globex Customers
      • From
      • CME Globex Account Management
      • #
      • 20080107
      • Notice Date
      • 07 January 2008
      • Effective Date
      • 20 January 2008

    • 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.

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      The Globe Logo, Globex®, iLink® and CME® are trademarks of CME Group.

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Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

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