Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Amsterdam Exchanges Introduce New Euro/Dollar Options and Futures

Date 19/01/1999

On Wednesday January 20, Amsterdam Exchanges' options market will introduce new euro/dollar options and futures alongside the existing dollar/euro options and futures.

By doing so, Amsterdam Exchanges will fall into line with the international foreign exchange trade, which introduced a listing system after the launch of the euro whereby the value of the euro is expressed in foreign currencies.

The new "euro/dollar option" will have an underlying value of EUR 10,000. The first expiration months will be February, March, April, June, September and December. The exercise prices will be USD 112.50, USD 115, USD 117.50 and USD 120.

The new "euro/dollar futures" will have an underlying value of EUR 20,000. Prices will be stated in USD. The first contract months will also be February, March, April, June, September and December.

Summary:

Contract Underlying value Expiration months Exercise prices
euro/dollar option EUR 10,000 February, March, April, June, September and December USD 112.50, USD 115, USD 117.50 and USD 120
euro/dollar futures EUR 20,000.
Prices will be stated in USD.
February, March, April, June, September and December.