CME To List Monthly Expirations In Mexican Peso Futures And Options Beginning With GLOBEX®2 Session On Sunday, Oct. 1

In response to customer requests, the Chicago Mercantile Exchange will begin listing monthly expirations for Mexican peso futures and options contracts beginning with the GLOBEX®2 session on Sunday, Oct. 1, at 5:30 p.m.

The CME will list 13 consecutive calendar month expirations for the physically delivered Mexican peso futures contract, plus the two deferred March quarterly contract months. For peso options, nine calendar months will be listed for trading. Monthly and weekly options on Mexican peso futures will exercise into monthly rather than March quarterly cycle Mexican peso futures.

Customers of the CME Mexican peso contracts have indicated that Mexican corporate treasurers prefer matched monthly maturities of cash and derivative instrument hedges. The new monthly expirations of CME Mexican peso contracts will provide the kind of instrument that would better meet the needs of these customers.

Each Mexican futures contract is sized at 500,000 New Mexican pesos. Regular floor trading hours for Mexican peso futures and options are from 7:20 a.m. to 2:00 p.m. (Central Time), and overnight on the GLOBEX®2 system from 2:30 p.m. to 7:05 a.m. the following day.