Today NYSE Arca Options, one of the fastest-growing U.S. options exchanges, announced the completion of the listing of the International Securities Exchange’s (ISE) foreign currency options products (“FX Options”). The FX Options products are also the next phase in the expansion of the Complex Order Book pilot program. The pilot, which began on September 8, 2008, with the QQQQs, will add all six FX Options for trading immediately.
“Through the listing and introduction of FX Options on NYSE Arca Options, we are proud to continue to offer exciting new ways to better serve customers and investors,” said Ed Boyle, Senior Vice President , U.S. Options. “We are eager to further expand the complex order book pilot with the FX Options products and we encourage all our customers, Market Makers and member firms to take advantage of NYSE Arca Options’ superior functionality and user-focused innovations. We look forward to working with the ISE to ensure the success of these innovative products.”
|
FX Option Name |
Symbol |
|
ISE FX Australian Dollar |
AUX |
|
ISE FX British Pound |
BPX |
|
ISE FX Canadian Dollar |
CDD |
|
ISE FX Euro |
EUI |
|
ISE FX Swiss Franc |
|
|
ISE FX Yen |
YUK |
About Complex Order Functionality on NYSE Arca
- Complex orders can be up to five total legs, which may include up to one equity leg.
- Complex orders can be priced in penny increments.
- Marketable complex orders will trade immediately, with no auction or delay in processing.
- The ArcaBook specification for complex orders can be found at http://www.nyse.com/pdfs/ArcaBook_Complex_Order_Specs.pdf
