Wednesday Weekly FX Options on Futures

More Precise FX Risk Management

Weekly premium-quoted and volatility-quoted FX options on futures provide liquid, short-term expiration granularity that allows for more precise and capital-efficient FX risk management.

Now available: Wednesday options on futures are now available for trading.

Wednesday options on futures have been available for trading since October 29, just in time for the November 1 FOMC rate announcement. The addition of Wednesday options provides you with the opportunity to fine-tune your trading strategies, particularly ahead of mid-week market-moving events and reports. The new Wednesday options will have the exact specification of the existing options expiring on Fridays, but they will expire on Wednesdays.

Key Benefits

Available on EUR/USD, JPY/USD, GBP/USD, AUD/USD and CAD/USD
Premium-Quoted or Volatility-Quoted formats
European-style expiration at 2 p.m. Central Time (CT)[RM1] [RH2]
Four contracts listed on a rolling basis, starting with: November 1, 8, 15 and 22

Event-Driven Trading Opportunities: Add a new maturity to your strategy and access the liquidity of Wednesdays

Remaining Central Bank Meetings for 2018

Event	Upcoming Dates
FOMC	March 20-21 May 1-2 June 12-13 July 31-August 1 September 25-26 November 7-8 December 18-19
Bank of England	February 8 March 22 May 10 June 21 August 2 September 13 October 1 December 20
European Central Bank	March 8 April 26 June 14 July 26 September 13 October 25 December 13
Bank of Japan	March 7 April 18 May 30 July 11 September 5 November 24 December 5
Bank of China	March 7

The codes you need

Name	Clearing/Floor Code	Globex Code	SPAN Code	SPAN Combined Commodity Code
Wednesday Premium Quoted European Style Options on Australian Dollar/US Dollar Futures	WA1-WA5	WA1-WA5	ADU	AD
Wednesday European VQOs on Australian Dollar/US Dollar Futures	VA1-VA5	VA1-VA5	ADU	AD
Wednesday Premium Quoted European Style Options on British Pound/US Dollar Futures	WG1-WG5	WG1-WG5	GBU	BP
Wednesday European VQOs on British Pound/US Dollar Futures	VG1-VG5	VG1-VG5	GBU	BP
Wednesday Premium Quoted European Style Options on Canadian Dollar/US Dollar Futures	WD1-WD5	WD1-WD5	CAU	CD
Wednesday European VQOs on Canadian Dollar/US Dollar Futures	VC1-VC5	VC1-VC5	CAU	CD
Wednesday Premium Quoted European Style Options on Euro/US Dollar Futures	WE1-WE5	WE1-WE5	EUU	EC
Wednesday European VQOs on Euro/US Dollar Futures	VE1-VE5	VE1-VE5	EUU	EC
Wednesday Premium Quoted European Style Options on Japanese Yen/US Dollar Futures	WJ1-WJ5	WJ1-WJ5	JPU	JY
Wednesday European VQOs on Japanese Yen/US Dollar Futures	VJ1-VJ5	VJ1-VJ5	JPU	JY

More in FX

Send Us Feedback

Who We Are

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.