European-style FX Options, Delivered

CME Group has replaced our American-style FX options with a European-style 2 p.m. fix to allow you to trade in our FX markets in the same way you trade in the OTC market. With this change, you will benefit from the same product you are used to and the same liquidity you expect with, simply, new trading codes.

With this change, we now offer two European-style fixes: 9 a.m. and 2 p.m. For your convenience, the relevant codes for the new 2 p.m. fix for your platform partners are listed below. 

Option Contract Expiry  Clearing/Globex  Reuters  TT Bloomberg  Fidessa CQG
AUD/USD Premium-Quoted European-Style Option - 2 pm Fix Monthlies ADU 0#1ADU+ ADU AUA ADU DAE
Wednesdays WA1-WA5          
Weeklies 1AD-5AD  0#1ADUW+ 1AD-5AD  AUW 1AD-5AD  DA1-5
GBP/USD Premium-Quoted European-Style Option - 2 pm Fix Monthlies GBU 0#1GBU+ GBU BGA GBU BPE
Wednesdays WG1-WG5          
Weeklies 1BP-5BP 0#1GBUW+ 1BP-5BP BGW 1BP-5BP BP1-5
CAD/USD Premium-Quoted European-Style Option - 2 pm Fix Monthlies CAU 0#1CHU+ CAU UCD CAU CAE
Wednesdays WD1-WD5          
Weeklies 1CD-5CD 0#1CHUW+ 1CD-5CD UDW  1CD-5CD CA1-5
EUR/USD Premium-Quoted European-Style Option - 2 pm Fix Monthlies EUU 0#1EUU+ EUU UEA EUU EUE
Wednesdays WE1-WE5          
Weeklies 1EU-5EU  0#1EUUW+ 1EU-5EU  UAW  1EU-5EU  EUE1-5
JPY/USD Premium-Quoted European-Style Option - 2 pm Fix Monthlies JPU 0#1JPU+ JPU JAD JPU JYE
Wednesdays WJ1-WJ5          
Weeklies 1JY-5JY 0#1JPUW+ 1JY-5JY JAW  1JY-5JY JY1-5
CHF/USD Premium-Quoted European-Style Option - 2 pm Fix Monthlies CHU 0#1CHU+ CHU SWB CHU SFA
Weeklies 1SF-5SF  0#1CHUW+ 1SF-5SF  SWW  1SF-5SF  SFA1-5
               
AUD/USD Volatility-Quoted European-Style Option - 2 pm Fix Monthlies VXA 0#1AUV+ VXA      
Wednesdays VA1-VA5          
Weeklies VAA-VAE 0#1AUVW+ VAA-VAE      
GBP/USD Volatility -Quoted European-Style Option - 2 pm Fix Monthlies VXB 0#1BPV+ VXB      
Wednesdays VG1-VG5          
Weeklies VBA-VBE 0#1BPVW+ VBA-VBE      
CAD/USD Volatility -Quoted European-Style Option - 2 pm Fix Monthlies VXC 0#1CVV+ VXC      
Wednesdays VC1-VC5          
Weeklies VCA-VCE 0#1CVVW+ VCA-VCE      
EUR/USD Volatility -Quoted European-Style Option - 2 pm Fix Monthlies VXT 0#1UVV+ VXT      
Wednesdays VE1-VE5          
Weeklies VTA-VTE 0#1UVVW+ VTA-VTE      
JPY/USD Volatility -Quoted European-Style Option - 2 pm Fix Monthlies VXJ 0#1JVV+ VXJ      
Wednesdays VJ1-VJ5          
Weeklies VJA-VJE 0#1JVVW+ VJA-VJE      
CHF/USD Volatility -Quoted European-Style Option - 2 pm Fix Monthlies VXS 0#1SVV+ VXS      
Weeklies VSA-VSE 0#1SVVW+ VSA-VSE      

This process, which began in August 2016, was completed on Friday, June 9 when the last American-style options expire.

Contact Us

If you have any questions, contact your account manager from your preferred platform or our team at CME Group.


CME FX: DEFINED BY YOU, DELIVERED BY US.