SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested 

Registered Entity Identifier Code (optional): 23-466

Organization: Chicago Mercantile Exchange Inc. ("CME")

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): 11/14/23 Filing Description: Weekly Notification of 

Amendments Related to Product Terms and Conditions - Week of November 6, 2023

SPECIFY FILING TYPE 

Please note only ONE choice allowed per Submission.

Organization Rules and Rule Amendments

Certification § 40.6(a)

Approval § 40.5(a)

Notification § 40.6(d)

Advance Notice of SIDCO Rule Change § 40.10(a)

SIDCO Emergency Rule Change § 40.10(h)

Rule Numbers: 

New Product Please note only ONE product per Submission.

Certification § 40.2(a) 

Certification Security Futures § 41.23(a)

Certification Swap Class § 40.2(d)

Approval § 40.3(a)

Approval Security Futures § 41.23(b)

Novel Derivative Product Notification § 40.12(a)

Swap Submission § 39.5

Product Terms and Conditions (product related Rules and Rule Amendments)

Certification § 40.6(a) 

Certification Made Available to Trade Determination § 40.6(a)

Certification Security Futures § 41.24(a)

Delisting (No Open Interest) § 40.6(a) 

Approval § 40.5(a)

Approval Made Available to Trade Determination § 40.5(a)

Approval Security Futures § 41.24(c)

Approval Amendments to enumerated agricultural products § 40.4(a), § 40.5(a)

“Non-Material Agricultural Rule Change” § 40.4(b)(5)

Notification § 40.6(d)

Official Name(s) of Product(s) Affected: See filing. 

Rule Numbers: See filing. 
20 S Wacker Dr Chicago, IL 60606 T 312 466 7478 tim.elliott@cmegroup.com cmegroup.com

1

Timothy Elliott

Managing Director and Chief Regulatory Counsel

Legal Department

November 14, 2023

VIA ELECTRONIC PORTAL

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, DC 20581

Re: CFTC Regulation 40.6(d) Notification. Chicago Mercantile Exchange Inc. (“CME” or 

“Exchange”) Weekly Notification of Amendments Related to Product Terms and 

Conditions.

CME Submission No. 23-466

Dear Mr. Kirkpatrick:

Pursuant to Commodity Futures Trading Commission (“CFTC” or “Commission”) Regulation 40.6(d), the 

Exchange submits this weekly notification of the following amendments related to product terms and 

conditions effective during the week of November 6, 2023.

Effective November 6, 2023, the Exchange adopted a Strike Price Listing and Exercise Procedures Table 

for all CME foreign exchange option contracts noted in Exhibit A below. The marketplace was alerted via 

Special Executive Report (“SER”) 9271, which is attached hereto as Exhibit A.

Should you have any questions concerning the above, please contact the undersigned at (312) 466-7478 

or via e-mail at CMEGSubmissionInquiry@cmegroup.com.

Sincerely, 

/s/ Timothy Elliott

Managing Director and Chief Regulatory Counsel

Attachment: Exhibit A – SER 9271
2

Exhibit A

Special Executive Report

DATE: November 6, 2023

SER#: 9271

SUBJECT: Adoption of a Strike Price Listing and Exercise Procedures Table for all 

CME FX Option Contracts 

Effective November 6, 2023, Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) adopted a Strike 

Price Listing and Exercise Procedures Table (the “Table”) for all CME foreign exchange (“FX”) option 

contracts (the “Contracts”) noted in Exhibit 1 below. 

Specifically, the Exchange will amend Rule XXXA.01 (“Options Characteristics”) of the Contracts to migrate 

all strike listing rules in the Rule to the Table for the Contracts. 

Exhibit 1 – All CME FX Option Contracts

Contract Title CME Rulebook 

Chapter

Commodity 

Code

Options on British Pound Sterling/U.S. Dollar (GBP/USD) Futures 251A GBU

Weekly Monday Options on British Pound Sterling/U.S. Dollar (GBP/USD) Futures 251A MB1-MB5

Weekly Tuesday Options on British Pound Sterling/U.S. Dollar (GBP/USD) Futures 251A TG1-TG5

Weekly Wednesday Options on British Pound Sterling/U.S. Dollar (GBP/USD) Futures 251A WG1-WG5

Weekly Thursday Options on British Pound Sterling/U.S. Dollar (GBP/USD) Futures 251A SB1-SB5

Weekly Friday Options on British Pound Sterling/U.S. Dollar (GBP/USD) Futures 251A 1BP-5BP

Options on Canadian Dollar/U.S. Dollar (CAD/USD) Futures 252A CAU

Weekly Monday Options on Canadian Dollar/U.S. Dollar (CAD/USD) Futures 252A MD1-MD5

Weekly Tuesday Options on Canadian Dollar/U.S. Dollar (CAD/USD) Futures 252A TL1-TL5

Weekly Wednesday Options on Canadian Dollar/U.S. Dollar (CAD/USD) Futures 252A WD1-WD5

Weekly Thursday Options on Canadian Dollar/U.S. Dollar (CAD/USD) Futures 252A SD1-SD5

Weekly Friday Options on Canadian Dollar/U.S. Dollar (CAD/USD) Futures 252A 1CD-5CD

Options on Japanese Yen/U.S. Dollar (JPY/USD) Futures 253A JPU

Weekly Monday Options on Japanese Yen/U.S. Dollar (JPY/USD) Futures 253A MJ1-MJ5

Weekly Tuesday Options on Japanese Yen/U.S. Dollar (JPY/USD) Futures 253A TJ1-TJ5

Weekly Wednesday Options on Japanese Yen/U.S. Dollar (JPY/USD) Futures 253A WJ1-WJ5

Weekly Thursday Options on Japanese Yen/U.S. Dollar (JPY/USD) Futures 253A SJ1-SJ5

Weekly Friday Options on Japanese Yen/U.S. Dollar (JPY/USD) Futures 253A 1JY-5JY

Options on Swiss Franc/U.S. Dollar (CHF/USD) Futures 254A CHU

Weekly Friday Options on Swiss Franc/U.S. Dollar (CHF/USD) Futures 254A 1SF-5SF

Options on Australian Dollar/U.S. Dollar (AUD/USD) Futures 255A ADU

Weekly Monday Options on Australian Dollar/U.S. Dollar (AUD/USD) Futures 255A MA1-MA5
3

Weekly Tuesday Options on Australian Dollar/U.S. Dollar (AUD/USD) Futures 255A TA1-TA5

Weekly Wednesday Options on Australian Dollar/U.S. Dollar (AUD/USD) Futures 255A WA1-WA5

Weekly Thursday Options on Australian Dollar/U.S. Dollar (AUD/USD) Futures 255A SA1-SA5

Weekly Friday Options on Australian Dollar/U.S. Dollar (AUD/USD) Futures 255A 1AD-5AD

Options on Mexican Peso/U.S. Dollar (MXN/USD) Futures 256A MP

Weekly Friday Options on Mexican Peso/U.S. Dollar (MXN/USD) Futures 256A 1M-5M

Options on Brazilian Real/U.S. Dollar (BRL/USD) Futures 257A BR

Weekly Friday Options on Brazilian Real/U.S. Dollar (BRL/USD) Futures 257A 1R-5R

Options on New Zealand Dollar/U.S. Dollar (NZD/USD) Futures 258A NE

Weekly Friday Options on New Zealand Dollar/U.S. Dollar (NZD/USD) Futures 258A 1Z-5Z

Options on South African Rand/U.S. Dollar (ZAR/USD) Futures 259A RA

Weekly Friday Options on South African Rand/U.S. Dollar (ZAR/USD) Futures 259A 1N-5N

Options on Russian Ruble/U.S. Dollar (RUB/USD) Futures 260A RU

Weekly Friday Options on Russian Ruble/U.S. Dollar (RUB/USD) Futures 260A RU1-RU5

Options on Euro/U.S. Dollar (EUR/USD) Futures 261A EUU

Weekly Monday Options on Euro/U.S. Dollar (EUR/USD) Futures 261A MO1-MO5

Weekly Tuesday Options on Euro/U.S. Dollar (EUR/USD) Futures 261A TU1-TU5

Weekly Wednesday Options on Euro/U.S. Dollar (EUR/USD) Futures 261A WE1-WE5

Weekly Thursday Options on Euro/U.S. Dollar (EUR/USD) Futures 261A SU1-SU5

Weekly Friday Options on Euro/U.S. Dollar (EUR/USD) Futures 261A 1EU-5EU

Options on Czech Koruna/U.S. Dollar (CZK/USD) Futures 266A CZ

Options on Hungarian Forint/U.S. Dollar (HUF/USD) Futures 267A FR

Options on Polish Zloty/U.S. Dollar (PLN/USD) Futures 268A PZ

Options on Israeli Shekel/U.S. Dollar (ILS/USD) Futures 269A IS

Weekly Thursday Options on Israeli Shekel/U.S. Dollar (ILS/USD) Futures 269A IS1-IS5

Options on Chinese Renminbi/U.S. Dollar (RMB/USD) Futures 270A RMB

Weekly Friday Options on Chinese Renminbi/U.S. Dollar (RMB/USD) Futures 270A RB1-RB5

Options on Korean Won/U.S. Dollar (KRW/USD) Futures 271A KRW

Weekly Friday Options on Korean Won/U.S. Dollar (KRW/USD) Futures 271A KR1-KR5

Options on U.S. Dollar/Offshore Chinese Renminbi (RMB/USD) Futures 284A CNH

Weekly Friday Options on U.S. Dollar/Offshore Chinese Renminbi (RMB/USD) Futures 284A 1CN-5CN

Options on Euro/ British Pound Sterling (EUR/GBP) Cross Rate Futures 301A RP

Weekly Friday Options on Euro/ British Pound Sterling (EUR/GBP) Cross Rate Futures 301A 1E-5E

Options on Euro/ Japanese Yen (EUR JPY) Cross Rate Futures 303A RY

Weekly Friday Options on Euro/ Japanese Yen (EUR JPY) Cross Rate Futures 303A 1H-5H

Options on Euro/ Swiss Franc (EUR/CHF) Cross Rate Futures 304A RF

Weekly Friday Options on Euro/ Swiss Franc (EUR/CHF) Cross Rate Futures 304A 1I-5I

Options on Czech Koruna/Euro (CZK/EUR) Cross Rate Futures 315A K

Options on Hungarian Forint/Euro (HUF/EUR) Cross Rate Futures 316A R

Options on Polish Zloty/Euro (PLN/EUR) Cross Rate Futures 317A Z

Options on Chinese Renminbi/ Euro (RMB/EUR) Cross Rate Futures 318A RME

Weekly Friday Options on Chinese Renminbi/ Euro (RMB/EUR) Cross Rate Futures 318A RE1-RE5
4

The relevant CME Rulebook chapters effective November 6, 2023 may be viewed in blackline format in 

Appendix A. The Table, effective November 6, 2023, may be viewed HERE. 

The Commodity Futures Trading Commission (“CFTC”) will be notified the week of November 13, 2023 of the 

Rule Amendments via the weekly notification procedures set forth in Part 40 of the CFTC Regulations.

Please direct questions regarding this notice to:

Asia

Shereen Lewejohann +65 6593 5544 Shereen.Lewejohann@cmegroup.com

Europe

Phil Hermon +44 20 3379 3983 Phil.Hermon@cmegroup.com

Paul Houston +44 20 3379 3355 Paul.Houston@cmegroup.com

Chris Povey +44 20 3379 3080 Chris.Povey@cmegroup.com

U.S.

Emerson Eckhout +1 312 435 3781 Emerson.Eckhout@cmegroup.com

Sebastian Sierotnik +1 312 930 1312 Sebastian.Sierotnik@cmegroup.com

Appendix A

CME Rulebook

(additions underscored; deletions struck through)

Chapter 251A

Options on British Pound Sterling/U.S. Dollar (GBP/USD) Futures

***

251A01. OPTION CHARACTERISTICS

***

251A01.K. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option)

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

British pound sterling futures, the Exchange shall list put and call options at the next eight higher and next eight lower 

regular exercise prices. The Exchange shall also list an additional fifteen higher and fifteen lower put and call options 

at the $0.0050 regular exercise price.

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise prices for options on British pound sterling futures 

put and call options at the next higher or next lower regular $0.0025 and $0.0050 exercise price shall be listed for 

trading on the next trading day. New options may be listed for trading up to and including the termination of trading.

The Board Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

2. Non-Front Quarterly and Serial Options

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

British pound sterling futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. The Exchange shall also list an additional fifteen higher and fifteen lower put and call options 

at the $0.0100 regular exercise price. When a sale, bid, offer, or settlement price in the underlying futures occurs within 

half a regular $0.0050 exercise price interval of the tenth highest or tenth lowest existing regular exercise prices for 

options on British pound sterling futures, put and call options at the next higher or next lower regular $0.0050 and 

$0.0100 exercise price shall be listed for trading on the next trading day. New options may be listed for trading up to 

and including the termination of trading. The Board may modify the provisions governing the establishment of exercise 

prices as it deems appropriate.

3. Weekly Options
5

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

British pound sterling futures, the Exchange shall list put and call options at the next eight higher and next eight lower 

regular exercise prices. The Exchange shall also list an additional fifteen higher and fifteen lower put and call options 

at the $0.0050 regular exercise price.

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise prices for options on British pound sterling 

futures, put and call options at the next higher or next lower regular $0.0025 and $0.0050 exercise price shall be listed 

for trading on the next trading day. New options may be listed for trading up to and including the termination of trading.

The Board may modify the provisions governing the establishment of exercise prices as it deems appropriate.

4. Dynamically-Listed Exercise Prices.

Upon demand and at the discretion of the Exchange, new exercise prices at regularly defined intervals may be added 

for trading on as soon as possible basis.

***

[End of Rule]

Chapter 252A

Options on Canadian Dollar/U.S. Dollar (CAD/USD) Futures

***

252A01. OPTION CHARACTERISTICS

***

252A01.K. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option)

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Canadian dollar/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight 

lower regular exercise prices. The Exchange shall also list an additional eight higher and eight lower put and call options 

at the $0.0050 regular exercise price.

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise price for options on Canadian dollar/U.S. dollar 

futures, put and call options at the next higher or next lower regular $0.0025 and $0.0050 exercise price shall be listed 

for trading on the next trading day. New options may be listed for trading up to and including the termination of trading.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

2. Non-Front Quarterly and Serial Options

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Canadian dollar/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options at the 

$0.0100 regular exercise price.

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on Canadian dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0050 and $0.0100 regular exercise price shall be listed 

for trading on the next trading day. New options may be listed for trading up to and including the termination of trading.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate

3.Weekly Options

At the commencement of trading in a weekly option, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Canadian dollar/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight 

lower regular exercise prices. The Exchange shall also list an additional eight higher and eight lower put and call options 

at the $0.0050 regular exercise price.

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise price for options on Canadian dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0025 and $0.0050 regular exercise price shall be listed 

for trading on the next Trading Day. New options may be listed for trading up to and including the termination of trading.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

4. Dynamically-Listed Exercise Prices.

Upon demand and at the discretion of the Exchange, new exercise prices at regularly defined intervals may be added 

for trading on as soon as possible basis.

***
6

[End of Rule]

Chapter 253A

Options on Japanese Yen/U.S. Dollar (JPY/USD) Futures

***

253A01. OPTION CHARACTERISTICS

***

253A01.K. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option)

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.000025 

regular exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options 

on Japanese yen/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight 

lower regular exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options 

at the $0.000050 regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the eighth highest or eighth lowest existing regular exercise prices for options on Japanese yen/U.S. dollar futures, 

put and call options at the next higher or next lower $0.000025 and $0.000050 regular exercise price shall be listed for 

trading on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.00005 

regular exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options 

on Japanese yen/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten 

lower regular exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options 

at the $0.000100 regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.000050 exercise 

price interval of the tenth highest or tenth lowest existing regular exercise prices for options on Japanese yen/U.S. 

dollar futures, put and call options at the next higher or next lower $0.000050 and $0.000100 regular exercise price

shall be listed for trading on the next Trading Day. New options may be listed for trading up to and including the 

termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3. Weekly Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.000025 

regular exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options 

on Japanese yen/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight 

lower regular exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options 

at the $0.000050 regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.000025 exercise 

price interval of the eighth highest or eighth lowest existing regular exercise prices for options on Japanese yen/U.S. 

dollar futures, put and call options at the next higher or next lower $0.000025 and $0.000050 regular exercise price 

shall be listed for trading on the next Trading Day. New options may be listed for trading up to and including the 

termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new exercise prices at regularly defined intervals may be added 

for trading on as soon as possible basis.

***

[End of Rule]

Chapter 254A

Options on Swiss Franc/U.S. Dollar (CHF/USD) Futures

***

254A01. OPTION CHARACTERISTICS

***

254A01.K. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option) 
7

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Swiss franc/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise prices for options on Swiss franc/U.S. dollar futures, 

put and call options at the next higher or next lower $0.0050 regular exercise price shall be listed for trading on the next 

Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Swiss franc/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. The Exchange shall also list an additional five higher and five lower put and call options at the 

$0.0100 regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise prices for options on Swiss franc/U.S. dollar futures, 

put and call options at the next higher or next lower $0.0050 and $0.0100 regular exercise price shall be listed for 

trading on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3.Weekly Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Swiss franc/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise prices for options on Swiss franc/U.S. dollar futures, 

put and call options at the next higher or next lower $0.0050 regular exercise price shall be listed for trading on the next 

Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new exercise prices at regularly defined intervals may be added 

for trading on as soon as possible basis.

***

[End of Rule]

Chapter 255A

Options on Australian Dollar/U.S. Dollar (AUD/USD) Futures

***

255A01. OPTION CHARACTERISTICS

***

255A01.K. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option) 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Australian dollar/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight 

lower regular exercise prices. The Exchange shall also list an additional eight higher and eight lower put and call options 

at the $0.0050 regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise price for options on Australian dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0025 and $0.0050 regular exercise price shall be listed 

for trading on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Australian dollar/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten

lower regular exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options 

at the $0.0100 regular exercise price. 
8

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on Australian dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0050 and $0.0100 regular exercise price shall be listed 

for trading on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3. Weekly Options 

At the commencement of trading in a weekly option, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Australian dollar/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight 

lower regular exercise prices. The Exchange shall also list an additional eight higher and eight lower put and call options 

at the $0.0050 regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise price for options on Australian dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0025 and $0.0050 regular exercise price shall be listed 

for trading on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new exercise prices at regularly defined intervals may be added 

for trading on as soon as possible basis.

***

[End of Rule]

Chapter 256A

Options on Mexican Peso/U.S. Dollar (MXN/USD) Futures

***

256A01. OPTION CHARACTERISTICS

***

256A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Option in the March Quarterly Cycle (“Quarterly Option”) or Front Option Not in the March Quarterly 

Cycle (“Serial” Option) 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0005 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Mexican peso/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0005 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on Mexican peso/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0005 regular exercise price shall be listed for trading on 

the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0005 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Mexican peso/U.S. dollar futures, the Exchange shall list put and call options at the next twenty higher and next twenty 

lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0005 exercise price 

interval of the twentieth highest or twentieth lowest existing regular exercise price for options on Mexican peso/U.S. 

dollar futures, put and call options at the next higher or next lower $0.0005 regular exercise price shall be listed for 

trading on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3. Weekly Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0005 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Mexican peso/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0005 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on Mexican peso/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0005 regular exercise price shall be listed for trading on 

the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

***
9

[End of Rule]

Chapter 257A

Options on Brazilian Real/U.S. Dollar (BRL/USD) Futures

***

257A01. OPTION CHARACTERISTICS

***

257A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of U.S. dollars per Brazilian real at intervals of $0.001, e.g., $0.1950, 

$0.1960, $0.1970, etc.

257A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options 

At the commencement of trading in a contract month for monthly options on Brazilian real/U.S. dollar futures, the 

Exchange shall list put and call options at the regular exercise price that is nearest the previous day's settlement price 

of the underlying futures contract. In addition, the Exchange shall list put and call options at the next twenty higher and 

next twenty lower regular exercise prices 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twentieth highest or twentieth lowest existing regular exercise price for options on Brazilian real/U.S. dollar 

futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on the next 

Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Weekly Options 

Upon demand, the Exchange shall list any exercise price for the weekly options that is eligible for listing for the nearest 

monthly option with the same underlying futures contract. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]

Chapter 258A

Options on New Zealand Dollar/U.S. Dollar (NZD/USD) Futures

***

258A01. OPTION CHARACTERISTICS

***

258A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option) 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on New 

Zealand dollar/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on New Zealand dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0050 regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on New 

Zealand dollar/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on New Zealand dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0050 regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 
10

3. Weekly Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on New 

Zealand dollar/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower 

regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on New Zealand dollar/U.S. dollar 

futures, put and call options at the next higher or next lower $0.0050 regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]

Chapter 259A

Options on South African Rand/U.S. Dollar (ZAR/USD) Futures

***

259A01. OPTION CHARACTERISTICS

***

259A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Three Monthly Options 

At the commencement of trading in a contract month for monthly options on South African rand/U.S. dollar futures, the 

Exchange shall list put and call options at the $0.00050 regular exercise price that is nearest the previous day's 

settlement price of the underlying futures contract. In addition, the Exchange shall list put and call options at the next 

twenty higher and next twenty lower regular exercise prices for options on South African rand/U.S. dollar futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a $0.00050 regular exercise price 

interval of the twentieth highest or twentieth lowest existing regular exercise price for options on South African rand/U.S. 

dollar futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front (Fourth and beyond) Monthly Options 

At the commencement of trading in a contract month for monthly options on South African rand/U.S. dollar futures, the 

Exchange shall list put and call options at the $0.0010 regular exercise price that is nearest the previous day's 

settlement price of the underlying futures contract. In addition, the Exchange shall list put and call options at the next 

twenty higher and next twenty lower regular exercise prices for options on South African rand/U.S. dollar futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a $0.0010 regular exercise price 

interval of the twentieth highest or twentieth lowest existing regular exercise price for options on South African rand/U.S. 

dollar futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading. The Exchange 

may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3. Weekly Options 

At the commencement of trading in a weekly option on South African rand/U.S. dollar futures, the Exchange shall list 

put and call options at the $0.00050 regular exercise price that is nearest the previous day's settlement price of the 

underlying futures contract. In addition, the Exchange shall list put and call options at the next fifteen higher and next 

fifteen lower regular exercise prices for options on South African rand/U.S. dollar futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a $0.00050 regular exercise price 

interval of the fifteenth highest or fifteenth lowest existing regular exercise price for options on South African rand/U.S. 

dollar futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new exercise prices at $0.0001 per South African rand intervals 

may be added for trading on as soon as possible basis.

***

[End of Rule]
11

Chapter 260A

Options on Russian Ruble/U.S. Dollar (RUB/USD) Futures

***

260A01. OPTION CHARACTERISTICS

***

260A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Three Monthly Options 

At the commencement of trading in a contract month for monthly options on Russian ruble/U.S. dollar futures, the 

Exchange shall list put and call options at the $0.0001 regular exercise price that is nearest the previous day's 

settlement price of the underlying futures contract. In addition, the Exchange shall list put and call options at the next 

twenty higher and next twenty lower regular exercise prices for options on Russian ruble/U.S. dollar futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a $0.0001 regular exercise price 

interval of the twentieth highest or twentieth lowest existing regular exercise price for options on Russian ruble/U.S. 

dollar futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading 

on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front (Fourth and beyond) Monthly Options 

At the commencement of trading in a contract month for monthly options on Russian ruble/U.S. dollar futures, the 

Exchange shall list put and call options at the $0.00020 regular exercise price that is nearest the previous day's 

settlement price of the underlying futures contract. In addition, the Exchange shall list put and call options at the next 

twenty higher and next twenty lower regular exercise prices for options on Russian ruble/U.S. dollar futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a $0.00020 regular exercise price 

interval of the twentieth highest or twentieth lowest existing regular exercise price for options on Russian ruble/U.S. 

dollar futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on 

the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3. Weekly Options 

At the commencement of trading in a weekly option on Russian ruble/U.S. dollar futures, the Exchange shall list put 

and call options at the $0.00010 regular exercise price that is nearest the previous day's settlement price of the 

underlying futures contract. In addition, the Exchange shall list put and call options at the next fifteen higher and next 

fifteen lower regular exercise prices for options on Russian ruble/U.S. dollar futures.

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a $0.00010 regular exercise price 

interval of the fifteenth highest or fifteenth lowest existing regular exercise price for options on Russian ruble/U.S. dollar 

futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on the next

Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]

Chapter 261A

Options on Euro/U.S. Dollar (EUR/USD) Futures

***

261A01. OPTION CHARACTERISTICS

***

261A01.K. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option) 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Euro/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight lower regular 

exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options at the $0.0050 

regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise price for options on Euro/U.S. dollar futures, put 
12

and call options at the next higher or next lower $0.0025 and $0.0050 regular exercise price shall be listed for trading 

on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0050 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Euro/U.S. dollar futures, the Exchange shall list put and call options at the next ten higher and next ten lower regular 

exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options at the $0.0100 

regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0050 exercise price 

interval of the tenth highest or tenth lowest existing regular exercise price for options on Euro/U.S. dollar futures, put 

and call options at the next higher or next lower regular $0.0050 and $0.0100 exercise price shall be listed for trading 

on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3. Weekly Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the $0.0025 regular 

exercise price that is nearest the previous day's settlement price of the underlying futures contract. For options on 

Euro/U.S. dollar futures, the Exchange shall list put and call options at the next eight higher and next eight lower regular 

exercise prices. The Exchange shall also list an additional ten higher and ten lower put and call options at the $0.0050 

regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular $0.0025 exercise price 

interval of the eighth highest or eighth lowest existing regular exercise price for options on Euro/U.S. dollar futures, put 

and call options at the next higher or next lower $0.0025 and $0.0050 regular exercise price shall be listed for trading 

on the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new exercise prices at regularly defined intervals may be added 

for trading on as soon as possible basis.

***

[End of Rule]

Chapter 266A

Options on Czech Koruna/U.S. Dollar (CZK/USD) Futures

***

266A01. OPTION CHARACTERISTICS

***

266A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of U.S. dollars per Czech koruna in intervals of $0.0001, e.g., $0.0390, 

$0.0391, $0.0392, etc.

266A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract. For options on Czech 

koruna/U.S. dollar futures, the Exchange shall list put and call options at the next twenty-four higher and next twentyfour lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price for options on Czech koruna/U.S. 

dollar futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial Options") 

Upon demand, the Exchange shall list put and call options at any regular exercise price listed for trading in the next 

March quarterly cycle futures option that is nearest the expiration of the option. New options may be listed for trading 

up to and including the termination of trading. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]
13

Chapter 267A

Options on Hungarian Forint/U.S. Dollar (HUF/USD) Futures

***

267A01. OPTION CHARACTERISTICS

***

267A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of U.S. dollars per Hungarian forint in intervals of $0.00001, e.g., 

$0.00487, $0.00488, $0.00489, etc. 

267A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract. For options on Hungarian 

forint/U.S. dollar futures, the Exchange shall list put and call options at the next twenty-four higher and next twenty-four 

lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price for options on Hungarian forint/U.S. 

dollar futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on 

the next trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial Options") 

Upon demand, the Exchange shall list put and call options at any regular exercise price listed for trading in the next 

March quarterly cycle futures option that is nearest the expiration of the option. New options may be listed for trading 

up to and including the termination of trading. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]

Chapter 268A

Options on Polish Zloty/U.S. Dollar (PLN/USD) Futures

***

268A01. OPTION CHARACTERISTICS

***

268A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of U.S. dollars per Polish zloty in intervals of $0.001, e.g., $0.271, 

$0.272, $0.273, etc.

268A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract. For options on Polish 

zloty/U.S. dollar futures, the Exchange shall list put and call options at the next twenty-four higher and next twenty-four 

lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price for options on Polish zloty/U.S. dollar 

futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on the next

Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial Options") 

Upon demand, the Exchange shall list put and call options at any regular exercise price listed for trading in the next 

March quarterly cycle futures option that is nearest the expiration of the option. New options may be listed for trading 

up to and including the termination of trading. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.
14

***

[End of Rule]

Chapter 269A

Options on Israeli Shekel/U.S. Dollar (ILS/USD) Futures

***

269A01. OPTION CHARACTERISTICS

***

269A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of U.S. dollars per Israeli shekel at intervals of $0.001, e.g., $0.213, 

$0.214, $0.215, etc.

269A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract. For options on Israeli 

shekel/U.S. dollar futures, the Exchange shall list put and call options at the next twenty-one higher and next twentyone lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twenty-first highest or twenty-first lowest existing regular exercise price for options on Israeli shekel/U.S. dollar 

futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading on the next

trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial" and "Weekly Options") 

Upon demand, the Exchange shall list put and call options at any regular exercise price listed for trading in the next 

March quarterly cycle futures option that is nearest the expiration of the option. New options may be listed for trading 

up to and including the termination of trading.

***

[End of Rule]

Chapter 270A

Options on Chinese Renminbi/U.S. Dollar (RMB/USD) Futures

***

270A01. OPTION CHARACTERISTICS

***

270A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of U.S. dollars per Chinese renminbi at intervals of $0.001, e.g., $0.123, 

$0.124, $0.125, etc.

270A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options 

At the commencement of trading in a contract month for monthly options on Chinese renminbi/U.S. dollar futures, the 

Exchange shall list put and call options at the regular exercise price that is nearest the previous day's settlement price 

of the underlying futures contract. In addition, the Exchange shall list put and call options at the next eight higher and 

next eight lower regular exercise prices for options on Chinese renminbi/U.S. dollar futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the eighth highest or eighth lowest existing regular exercise price for options on Chinese renminbi/U.S. dollar futures, 

put and call options at the next higher or next lower regular exercise price shall be listed for trading on the next Trading 

Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Weekly Options 

Upon demand, the Exchange shall list any exercise price for the weekly options that is eligible for listing for the nearest 

monthly option with the same underlying futures contract.

***

[End of Rule]
15

Chapter 271A

Options on Korean Won/U.S. Dollar (KRW/USD) Futures

***

271A01. OPTION CHARACTERISTICS

***

271A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of U.S. dollars per Korean won at intervals of $0.000005, e.g., 

$0.001055, $0.001060, $0.001065, etc.

271A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options 

At the commencement of trading in a contract month for monthly options on Korean won/U.S. dollar futures, the 

Exchange shall list put and call options at the regular exercise price that is nearest the previous day's settlement price 

of the underlying futures contract. In addition, the Exchange shall list put and call options at the next eight higher and 

next eight lower regular exercise prices for options on Korean won/U.S. dollar futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the eighth highest or eighth lowest existing regular exercise price for options on Korean won/U.S. dollar futures, put 

and call options at the next higher or next lower regular exercise price shall be listed for trading on the next Trading 

Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Weekly Options 

Upon demand, the Exchange shall list any exercise price for the weekly options that is eligible for listing for the nearest 

monthly option with the same underlying futures contract.

***

[End of Rule]

Chapter 284A

Options on U.S. Dollar/Offshore Chinese Renminbi (USD/RMB) Futures

***

284A01. OPTION CHARACTERISTICS

***

284A01.H. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option) 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the 0.0025 CNH 

per USD regular exercise price that is nearest the previous day's settlement price of the underlying futures contract. 

For options on U.S. dollar/offshore Chinese renminbi futures, the Exchange shall list put and call options at the next 

twelve higher and next twelve lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twelfth highest or twelfth lowest existing regular exercise price for options on U.S. dollar/offshore Chinese 

renminbi futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading 

on the next trading day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the 0.050 CNH per 

USD regular exercise price that is nearest the previous day's settlement price of the underlying futures contract. For 

options on U.S. dollar/offshore Chinese renminbi futures, the Exchange shall list put and call options at the next twelve 

higher and next twelve lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twelfth highest or twelfth lowest existing regular exercise price for options on U.S. dollar/offshore Chinese 

renminbi futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading 

on the next trading day. New options may be listed for trading up to and including the termination of trading.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

3. Weekly Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the 0.025 CNH per 

USD regular exercise price that is nearest the previous day's settlement price of the underlying futures contract. For 

options on U.S. dollar/offshore Chinese renminbi futures, the Exchange shall list put and call options at the next twelve 

higher and next twelve lower regular exercise prices. 
16

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the twelfth highest or twelfth lowest existing regular exercise price for options on U.S. dollar/offshore Chinese 

renminbi futures, put and call options at the next higher or next lower regular exercise price shall be listed for trading 

on the next trading day. New options may be listed for trading up to and including the termination of trading. 

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new exercise prices at regularly defined intervals may be added 

for trading on as soon as possible basis.

***

[End of Rule]

Chapter 301A

Options on Euro/British Pound Sterling (EUR/GBP) Futures

***

301A01. OPTION CHARACTERISTICS

***

301A01.I. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

1. Front Monthly Options in the March Quarterly Cycle ("Quarterly Option") or Front Option Not in the March Quarterly 

Cycle (“Serial” Option) 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the 0.0025 GBP 

per EUR regular exercise price that is nearest the previous day's settlement price of the underlying futures contract as 

well as at the next eight higher and next eight lower regular exercise prices. The Exchange shall also list an additional 

ten higher and ten lower put and call options at the 0.0050 GBP per EUR regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular 0.0025 GBP 

per EUR exercise price interval of the eighth highest or eighth lowest existing regular exercise price, put and call options 

at the next higher or next lower 0.0025 and 0.0050 GBP per EUR regular exercise price shall be listed for trading on 

the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Non-Front Quarterly and Serial Options 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the 0.0050 GBP 

per EUR regular exercise price that is nearest the previous day's settlement price of the underlying futures contract as 

well as at the next ten higher and next ten lower regular exercise prices. The Exchange shall also list an additional ten 

higher and ten lower put and call options at the 0.0100 GBP per EUR regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular 0.0050 GBP 

per EUR exercise price interval of the tenth highest or tenth lowest existing regular exercise price, put and call options 

at the next higher or next lower 0.0050 and 0.0100 GBP per EUR regular exercise price shall be listed for trading on 

the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate3, 

Weekly Options 

At the commencement of trading in a weekly option, the Exchange shall list put and call options at the 0.0025 GBP per 

EUR regular exercise price that is nearest the previous day's settlement price of the underlying futures contract as well 

as at the next eight higher and next eight lower regular exercise prices. The Exchange shall also list an additional ten 

higher and ten lower put and call options at the 0.0050 GBP per EUR regular exercise price. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular 0.0025 GBP 

per EUR exercise price interval of the eighth highest or eighth lowest existing regular exercise price, put and call options 

at the next higher or next lower 0.0025 and 0.0050 GBP per EUR regular exercise price shall be listed for trading on 

the next Trading Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

4. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]
17

Chapter 303A

Options on Euro/Japanese Yen (EUR/JPY) Futures

***

303A01. OPTION CHARACTERISTICS

***

303A01.I. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of Japanese yen per Euro at intervals of ¥0.5, e.g., ¥138.50, ¥139.00, 

¥139.50, etc.

303A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract as well as at the next twentyfour higher and next twenty-four lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular exercise price 

interval of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price, put and call options at the 

next higher or next lower regular exercise price shall be listed for trading on the next Trading Day. New options may be 

listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial" and "Weekly Options") 

Upon demand, the Exchange shall list put and call options at any exercise price listed for trading in the next March 

quarterly cycle futures option that is nearest the expiration of the option. Options may be listed for trading up to and 

including the termination of trading. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]

Chapter 304A

Options on Euro/Swiss Franc (EUR/CHF) Futures

***

304A01. OPTION CHARACTERISTICS

***

304A01.I. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of Swiss francs per Euro at intervals of €0.0025, e.g., €1.5925, €1.5950, 

€1.5975, etc.

304A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract as well as at the next twentyfour higher and next twenty-four lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular exercise price 

interval of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price, put and call options at the 

next higher or next lower regular exercise price shall be listed for trading on the next trading day. New options may be 

listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial" and "Weekly Options") 

Upon demand, the Exchange shall list put and call options at any exercise price listed for trading in the next March 

quarterly cycle futures option that is nearest the expiration of the option. Options may be listed for trading up to and 

including the termination of trading. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]
18

Chapter 315A

Options on Czech Koruna/Euro (CZK/EUR) Futures

***

315A01. OPTION CHARACTERISTICS

***

315A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of Euro per Czech koruna at intervals of €0.0001, e.g., €0.0308, 

€0.0309, €0.0310, etc.

315A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract as well as at the next twentyfour higher and next twenty-four lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular exercise price 

interval of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price, put and call options at the 

next higher or next lower regular exercise price shall be listed for trading on the next trading day. New options may be 

listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial Options") 

Upon demand, the Exchange shall list put and call options at any exercise price listed for trading in the next March 

quarterly cycle futures option that is nearest the expiration of the option. Options may be listed for trading up to and 

including the termination of trading. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]

Chapter 316A

Options on Hungarian Forint/Euro (HUF/EUR) Futures

***

316A01. OPTION CHARACTERISTICS

***

316A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of Euro per Hungarian forint at intervals of €0.00001, e.g., €0.00383, 

€0.00384, €0.00385, etc.

316A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract as well as at the next twentyfour higher and next twenty-four lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular exercise price 

interval of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price, put and call options at the 

next higher or next lower regular exercise price shall be listed for trading on the next trading day. New options may be 

listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial Options") 

Upon demand, the Exchange shall list put and call options at any exercise price listed for trading in the next March 

quarterly cycle futures option that is nearest the expiration of the option. Options may be listed for trading up to and 

including the termination of trading. 

3. Dynamically-Listed Exercise Prices. 

Upon demand and at the discretion of the Exchange, new out-of-current-range exercise prices at regularly defined 

intervals may be added for trading on as soon as possible basis.

***

[End of Rule]
19

Chapter 317A

Options on Polish Zlothy/Euro (PLN/EUR) Futures

***

317A01. OPTION CHARACTERISTICS

***

317A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of Euro per Polish zloty at intervals of €0.001, e.g., €0.213, €0.214, 

€0.215, etc.

317A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options in the March Quarterly Cycle ("Quarterly Options") 

At the commencement of trading in a contract month, the Exchange shall list put and call options at the regular exercise 

price that is nearest the previous day's settlement price of the underlying futures contract as well as at the next twentyfour higher and next twenty-four lower regular exercise prices. 

When a sale, bid, offer, or settlement price in the underlying futures contract occurs within half a regular exercise price 

interval of the twenty-fourth highest or twenty-fourth lowest existing regular exercise price, put and call options at the 

next higher or next lower regular exercise price shall be listed for trading on the next Trading Day. New options may be 

listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Options Not in the March Quarterly Cycle ("Serial Options") 

Upon demand, the Exchange shall list put and call options at any exercise price listed for trading in the next March 

quarterly cycle futures option that is nearest the expiration of the option. Options may be listed for trading up to and 

including the termination of trading.

***

[End of Rule]

Chapter 318A

Options on Chinese Renminbi/Euro (RMB/EUR) Futures

***

318A01. OPTION CHARACTERISTICS

***

318A01.J. Exercise Prices and Listing of Exercise Prices

Transactions and exercise of options shall be conducted for options contracts as set forth in the Strike Price Listing and 

Exercise Procedures Table.

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate.

Regular exercise prices shall be stated in terms of Euro per Chinese renminbi at intervals of €0.001, e.g., €0.104, 

€0.105, €0.106, etc.

318A02. LISTING OF EXERCISE PRICES RESERVED

1. Monthly Options 

At the commencement of trading in a contract month for monthly options on Chinese renminbi/Euro futures, the 

Exchange shall list put and call options at the regular exercise price that is nearest the previous day's settlement price 

of the underlying futures contract. In addition, the Exchange shall list put and call options at the next eight higher and 

next eight lower regular exercise prices for options on Chinese renminbi/Euro futures. 

When a sale, bid, offer, or settlement price in the underlying futures occurs within half a regular exercise price interval 

of the eighth highest or eighth lowest existing regular exercise price for options on Chinese renminbi/Euro futures, put 

and call options at the next higher or next lower regular exercise price shall be listed for trading on the next Trading 

Day. New options may be listed for trading up to and including the termination of trading. 

The Exchange may modify the provisions governing the establishment of exercise prices as it deems appropriate. 

2. Weekly Options 

Upon demand, the Exchange shall list any exercise price for the weekly options that is eligible for listing for the nearest 

monthly option with the same underlying futures contract.

***

[End of Rule]