We're proud to offer a European style option
," said Stacey Kearin, marketing director at Land O'Lakes, Inc.
The contract, with commodity code VG, is a European style option
that will expire three business days prior to the expiration of the underlying CER futures contract.
Fahlenbrach and Sandas study the determinants of the bid-ask spreads for index options using a sample that consists of all trades and quotes for the European style options
and the futures on the FTSE 100 stock index from August 2001 to July 2002.
11 (a) European style options
settled at the close of the final trading day for options as to contracts for the specified delivery months.
28 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that it will launch European style options
on the European gasoil bullet swaps futures contract and average price options on the European gasoil calendar swaps futures contract, on ClearPort(R) and the New York energy trading floor, beginning November 2 for trade date November 3.
Furthermore, this tool provides important sensitivity statistics such as basis point value, duration and convexity, plus valuation models such as Garman Kolhhagen Model for European Style Options
The options contracts are European style options
, settling only on expiration day.
By trading European style options
electronically with designated market makers in our most active E-mini S&P 500 options on futures market, CME will be well positioned to significantly increase trading volume in its equity index options," said CME Chairman Terry Duffy.