CME shifts FX options expirations in step with OTC
Latest move by exchange to make FX offering more harmonised and engaged with over-the-counter space
CME is changing the expiry times of the foreign exchange options available on its platform to 10am New York time in a bid to align them more closely with most over-the-counter options contracts.
The change will take effect on all new listed FX options contracts, starting with those expiring in September 2019.
“Aligning to the 10am New York OTC convention makes it easier for global clients to take advantage of CME Group’s leading electronic FX options platform, and transfer risk more seamlessly
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