CME Group to clear Ruble and Renminbi American-Style weekly options on CME ClearPort


CME Group (NASDAQ: CME) announced today that effective Sunday, January 10, 2016, for trade date Monday, January 11, 2016, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. shall make American-Style Weekly Options on the Russian Ruble/US Dollar (RUB/USD), Chinese Renminbi/US Dollar (RMB/USD), and Chinese Renminbi/Euro (RMB/EUR) Cross Rate futures contracts available for submission for clearing through CME ClearPort.

The contracts are currently available for trading on the CME trading floor and CME Globex.

CME ClearPort hours are Sunday through Friday, 5:00 p.m. to 4:00 p.m. Chicago time (CT), with a one-hour break Monday through Thursday, beginning at 4:00 p.m. CT.

CME ClearPort is a comprehensive set of flexible clearing services for the global OTC market that clears transactions across from 1,800 listed contracts over multiple asset classes. Clearing more than 300,000 contracts daily, CME ClearPort also brings together more than 17,000 registered users around the world including commercial, banking and hedge funds firms to FCMs and clearing firms.

To view the detailed announcement click here (PDF).

Related News

arrow

CME Group to clear Ruble and Renminbi American-Style weekly options on CME ClearPort

6

Send this to a friend