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. |