• GBP/USD Options Strike Price Increment Change

      • To
      • CME Globex Customers
      • From
      • Global Account Management
      • #
      • 20131205
      • Notice Date
      • 05 December 2013
    •     GBP/USD Options Strike Price Increment Change        

      This notice supersedes the GBP/USD Options Strike Price Increment Change      futures notice distributed earlier today. Please see updated content below.

      Effective this Sunday, December 8 (trade date Monday, December 9), the strike price increment for American and European Styled GBP/USD options will be reduce from 100 points to 50 points on CME Globex.

      GBP/USD Options Strike Price Increment Change

      Product tag 1151 Security Group tag 55-Symbol
      American Serial & Quarterly British Pound Options 6B XB
      American Weekly British Pound Options 6B1-6B5 XB
      European Serial & Quarterly British Pound Options XB YB
      European Weekly British Pound Options XB1 – XB5 YB

      With these changes, the listing rules will be expanded from ± 24 ATM to ± 48 ATM for all trading maturities.

      These changes are currently available in New Release for customer testing.

      These contracts are listed with, and subject to, the rules and regulations of CME.