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FINEX EURO
CURRENCY INDEX (E) |
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Initial |
Maintenance |
|
| Spec (Per Contract) | 1,064 EUROS | 800 EUROS |
| Hedge (Per Contract) | 800 EUROS | 800 EUROS |
| Spec-Straddle | 200 EUROS | 150 EUROS |
| Hedge-Straddle | 150 EUROS | 150 EUROS |
Margin rates for all other NYBOT products remain unchanged. A complete grid of margin rates for all NYBOT products is available at www.nybot.com.
The new FINEX Euro Currency Index represents a geometric average that tracks the value of the euro against a basket of five major world currencies. The ECX contracts will trade in the NYBOT currency pits on both the New York and Dublin trading floors alongside the USDX and NYBOT’s 29 currency pairs. Trading will begin with the futures contract on Friday, January 13, and the options start trading on the Dublin trading floor on Monday, January 16 (New York will be closed for the Martin Luther King holiday).
The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com. To learn more about New York Board of Trade Futures & Options for Kids, the Exchange’s non-profit group, please go to www.futuresandoptionsforkids.org.
