|
Unit of trading |
100 |
|
Contract size |
EUR 10.000 |
|
Expiry months |
1) Initial lifetime: 1, 2, and 3 months. Cycle: all months
2) Initial lifetime: 6, 9 and 12 months. Cycle: March, June, September and December
3) Initial lifetime: 2 years
Cycle: September |
|
Quotation |
US dollars per EUR 100 |
Minimum price movement
(tick size and value) |
USD 0.01 (= USD 1 per contract) |
|
Last trading day |
Trading in expiring currency derivatives have the EuroFX rate as their settlement basis and ends at 13.00 Amsterdam time on the third Friday of the expiry month, provided this is a business day. If it is not, the previous business day will be the last day of
trading. |
|
Settlement |
EuroFX rate contracts: Cash settlement, based on the value of the Euro / US Dollar rate set by EuroFX at 13.00 Amsterdam time. |
|
Trading hours |
9.00 - 17.30 Amsterdam time |
|
Option style |
European style.
Holders of the long positions are not entitled to exercise their options before the expiration date. |
|
Last update |
21/09/07 |
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