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VOLUME 25 – BULLETIN #039

TO:

ALL CLEARING PARTICIPANTS

FROM:

CLIENT SERVICES AND SUPPORT

DATE:

August 19, 2005

SUBJECT:

Eurex US FX Paired Futures Specifications

Eurex US recently announced that it will trade Foreign Exchange (FX) products that are scheduled to launch September 23, 2005. Contract Specifications and trading information are detailed below.

Contract

Contract Size

Price Quotation

CCorp Code

Min. Tick Outright

Min Tick Spread

Currency

Tick Value

EUR / USD

250,000 EUR

USD per EUR

ZE

.0001

.00002

USD

25

AUD / USD

250,000 AUD

USD per AUD

ZA

.0001

.00002

USD

25

GBP / USD

250,000 GBP

USD per GBP

ZP

.00005

.00002

USD

12.5

USD / JPY

250,000 USD

YEN per USD

ZY

.01

.002

JPY

2500

USD / CHF

250,000 USD

CHF per USD

ZF

.0001

.00002

CHF

25

USD / CAD

250,000 USD

CAD per USD

ZC

.0001

.00002

CAD

25

EUR / JPY

250,000 EUR

YEN per EUR

ZJ

.01

.002

JPY

2500

GBP / JPY

250,000 GBP

YEN per GBP

ZB

.01

.002

JPY

2500

EUR / CHF

250,000 EUR

CHF per EUR

ZS

.0001

.00002

CHF

25

EUR / GBP

250,000 EUR

GBP per EUR

ZG

.00005

.00002

GBP

12.5

Exchange

03

Settlement

Physical delivery on the third Wednesday of the expiring month.

Last Trading Day

Two business days prior to the third Wednesday of the expiring month, except for the USD/CAD which is one business day prior to the third Wednesday of the expiring month.

Spreads

Calendar spreads can trade in one-fifth tick increments.

Deliveries

All physical deliveries will be made through CLS system. Clearing Participants will be netted by contract currency pair across origin.*

* Physical delivery default will be to net across origin, clearing participants that wish to net within origin should notify Client Services and Support.

Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:

John Compall

 

john.compall@clearingcorp.com

Richard Crilly

786-3842

richard.crilly@clearingcorp.com

Marc MacQuarrie

786-5732

marc.macquarrie@clearingcorp.com

     

Client Services and Support

786-5718

css@clearingcorp.com

Clearing Corporation Web Site

http://www.clearingcorp.com

   
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