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 Swiss Franc 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.

Click Here.

 

Trading in Swiss franc futures contract at CME began in 1972, while options on futures trading became available in 1985. CME currently offers markets for trading Swiss francs futures and options on futures on its GLOBEX electronic trading platform as well as on its trading floor. Many savvy investors use the Swiss Franc futures and options market to hedge their currency risks.

 

The Swiss Franc currency futures contract is designed to reflect changes in the U.S. dollar value of the Franc. Swiss Franc Futures contracts are quoted in U.S. dollars per franc, and call for physical delivery at expiration. Physical delivery takes place on the third Wednesday of the contract month, in the country of issuance at a bank designated by the CME Clearing House. Exercised options on Swiss Franc futures contracts are settled by the delivery of futures contracts.

The contract’s size is 125,000 Swiss francs per contract. Trading occurs in $.0001 per Swiss franc, or $12.50 per contract. Swiss franc futures trading may also occur in $.00005 per Swiss franc contract, equaling $6.25 per contract.

Swiss Franc currency futures trade on six months in the March quarterly cycle, Mar, Jun, Sep, Dec.; and also trades British pound/Swiss Franc, Euro FX/Swiss franc, and Swiss franc/Japanese yen as part of cross rate currency futures. Options on futures contracts trade four months in the March cycle and two months not in the March cycle, plus four weekly expirations.

 

*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.

 

Swiss Franc Currency Futures and Options
Contract Specifications

 

Trading Unit
Swiss Franc Futures: 125,000 Swiss Francs Physically delivered
Swiss Franc Options: One Swiss Franc Futures Contract

Trading Hours
Swiss Franc 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.
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
Swiss Franc Futures: Six months in the March Quarterly cycle, Mar, Jun, Sep, Dec.
Options: Four months in the March cycle and two months not in the March cycle, plus four weekly expirations.

Point Description
Swiss Franc Futures: 1 point = $.0001 per Swiss franc = $12.50 per contract
Options: 1 point = $.0001 per Swiss franc = $12.50 per contract

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

Options Strike Prices
Options: $0.01 per Swiss Franc, e.g., $0.72, $0.73 plus $0.005 intervals for the first 7 listed expirations, e.g., $0.725, $0.735, etc.

Product Code
Futures: Clearing=E1, Ticker=SF, GLOBEX2=6S, PRS=SF, AON=LS, (20 Threshold)
Options: Clearing=SF, Ticker Calls=CF, Ticker Puts=PF PRS Calls/Puts=OF, Weekly expiration Options: Calls=1SC/5SC, Puts=1SP/5SP, AON=LS, (100 Threshold)

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

 

The No Nonsense Guide to Buying and Selling Options

 

 

Also visit: British Pound Futures, Canadian Dollar Futures, Euro Currency Futures, Japanese Yen 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.