Careers Press Contact Us Site Map Search
Products Traded  FX Options  FX Options Early Opening
FX Options Early Opening
Beginning on April 30, 2010, trading in ISE’s currency options will open at 7:30 a.m* (New York Time). Trading will close at 4:15 p.m. The goal is to attract participants who are active in the foreign exchange markets prior to ISE’s current 9:30 a.m. opening time. The extended hours will appeal to a broader range of foreign exchange traders, especially from the UK and other countries in Western Europe, and ISE’s FX options products will benefit from additional liquidity during peak FX trading hours.
 
Live Webinar! May 13 @ 11:00 AM. Steve Meizinger  "Trading With or Against the Skew Using FX Options"
 
READ Steve's article featured on Expiring Monthly: "Trading With or Against the Skew Using FX Options
 

Benefits of ISE FX Options

- Centrally-cleared Counter-party credit risk is significantly mitigated
- Price transparency Displayed prices and quote sizes are always actionable
- Anonymity All trades executed anonymously
- Spread trading Trade spreads up to four legs with no legging risk.
- Algo-friendly Automatic execution of trading strategies
- Low fees Transaction fees capped on orders of 5,000 contracts or greater.

ISE FX Options® ("FX Options") are cash-settled in US dollars, European-style exercise and can be traded directly from your existing brokerage account. FX Options are traded on the International Securities Exchange® (ISE), a leading U.S. options exchange .

FX Options are currently listed in 10 currency pairs, with dual conventions offered for four pairs. The USD-based, or "per US$," currency convention is available for all 10 pairs and allows investors to express their views on the strength or weakness of the U.S. dollar relative to global currencies. The "in US$" currency convention is the inverse of the USD-based convention.

 
 
*market orders will not be accepted between 7:30 a.m.-9:30 a.m (New York Time). 
 
About ISE
 
The International Securities Exchange (ISE) operates a leading U.S. options exchange and offers options trading on over 2,000 underlying equity, ETF, index, and FX products. As the first all-electronic options exchange in the U.S., ISE transformed the options industry by creating efficient markets through innovative market structure and technology. Regulated by the Securities and Exchange Commission (SEC) and a member-owner of The Options Clearing Corporation (OCC), ISE provides investors with a transparent marketplace for price and liquidity discovery on centrally cleared options products. ISE continues to expand its marketplace through the ongoing development of enhanced trading functionality, new products, and market data services. As a complement to its options business, ISE has expanded its reach into multiple asset classes through strategic investments in financial marketplaces and services that foster technology innovation and market efficiency. Through minority investments, ISE participates in the securities lending and equities markets. ISE also licenses its proprietary Longitude technology for trading in event-driven derivatives markets.
 
ISE is a wholly owned subsidiary of Eurex, a leading global derivatives exchange. Eurex itself is jointly operated by Deutsche Börse AG (Ticker: DB1) and SIX Swiss Exchange AG. Together, Eurex and ISE are the global market leader in individual equity and equity index derivatives. For more information, visit http://www.ise.com/.