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 Euro Currency Futures and Options Trading

 

The No Nonsense Guide to Buying and Selling Options

 

*The information contained within this webpage comes from sources believed to be reliable. No guarantees are being made to the content's accuracy or completeness.

 

Here is the currency option brochure courtesy of the CME group.

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The Euro FX contract size is 125,000 Euro. Euro FX moves in 1 point or $.0001 per Euro increments, which equals $12.50 per contract. Trading may also occur in $.00005 per Euro increments, or $6.25 per contract, for Euro FX futures intra-currency spreads executed on the trading floor and electronically, and for All-or-None transactions.

The Euro Currency futures contract trades six months in the March quarterly cycle, Mar, Jun, Sep, Dec; Options on futures contacts trade four months in the March cycle, Mar, Jun, Sep, Dec and two months not in the March cycle (serial months), plus 4 weekly expirations

Euro Currency futures and options on futures contracts traded at CME are designed to reflect changes in the U.S. Dollar value of the Euro Currency Futures contracts are quoted in the U.S. dollars per euro, and call for physical delivery at expiration. Exercised options contracts are settled by the delivery of futures contracts.

Financial institutions, investment managers, corporations and private investors can use Euro FX and Euro FX cross-rate futures and options to manage the risks associated with currency rate fluctuation and to take advantage of profit opportunities stemming from changes in currency rates.

 

*Contract information changes from time to time. Please click here to see the most recent contract specifications and click here for the most recent trading hours.

 

Euro Currency Futures and Options
Contract Specifications

 

Trading Unit
Euro FX Currency Futures: 125,000 euro physically delivered
Euro FX Options: One Euro futures contract

Trading Hours
Euro Currency Futures: Floor/7:20a.m.-2:00p.m. LTD (9:16a.m.) GLBX2 Mon/Thurs 4:30p.m.-4:00p.m. Sun & Hol 5:30p.m. - 4:00p.m.
Euro Currency Options: Floor/7:20a.m.-2:00a.m. LTD (2:00p.m.) GLBX2 Mon-Thurs 2:30p.m.-7:05a.m. Sun & Hol 5:30p.m.-7:05a.m.

Trading Months
Euro Currency Futures: Six months in the March Quarterly cycle, Mar, Jun, Sep, Dec.
Euro Currency Options: Four months in the March cycle, Mar, Jun, Sep, Dec and two months not in the March cycle (serial months), plus 4 weekly expirations.

Point Description
Euro Currency Futures: 1 point = $.0001 per Euro = $12.50 per contract
Euro Currency Options: 1 point = $.0001 per Euro = $12.50 per contract

Minimum Price Fluctuation
Euro Currency Futures: Regular/0.0001 = $12.50, Calendar Spread/0.00005 = $6.25, All or none/0.00005 = $6.25
Euro Currency Options: Regular/0.0001 = $12.50, Cab 0.00005 = $6.25, Special "Half Tick" 0.00005 = $6.25 for premium < 0.0005, spreads w/net premium < 0.0005, non-generic combo trades < 0.0010.

Options Strike Prices
Options: $.01 per Euro, e.g. $1.0500, $1.0600, etc. For the first seven expirations, additional strike prices will be listed at $.005 intervals, e.g., $1.0550, $1.0650. Etc.

Product Code
Futures: Clearing=EC, Ticker=EC, GLOBEX2=6E, PRS=EC, AON=UG, (100 Threshold)
Options: Clearing Calls/Puts=EC, Ticker Calls=EC, Ticker Puts=EC, PRS, Calls/Puts=ZC, Weekly Expiration Options: Calls=1XC/5XC, Puts=1XP/5XP, AON=UG (100 Threshold)

**Click Here Now! for actual Euro currency futures and options, quotes, prices, expirations, charts .....

 

The No Nonsense Guide to Buying and Selling Options

 

 

Also visit: British Pound Futures, Canadian Dollar Futures, Japanese Yen Futures, Swiss Franc Futures

 

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The information presented in this commodity futures and options site is not investment advice and is for informational purposes only. No guarantees are being made to its accuracy or completeness. This information can be considered a solicitation to enter into a derivatives trade. Investing in futures and options carries substantial risk of loss and is not suitable for some people. Past or simulated performance is not indicative to future results.