ISE FX Options® are cash-settled in U.S. dollars, European-style exercise and can be traded from your existing brokerage account. Visit www.fxoptions.com for more information.
ISE FX Options provide investors with additional choice and flexibility to hedge their currency exposure risk. Since they are cash-settled in U.S. dollars, there is no need for investors to hold the actual foreign currency.
ISE 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.
|CURRENCY||per US $||SYMBOL||in US $||symbol|
|New Zealand dollar||USD/NZD||NZD||NZD/USD||NDO|
Trading in FX Options open at 7:30 a.m.* (New York Time) and close at 4:15 p.m.
Investors can access the underlying rates for FX Options directly from Bloomberg, ILX, Reuters, Yahoo! Finance and other leading market data vendors and financial wesites.
Click here for Bloomberg symbols.
Click here to visit our Product Notices page where you can find Product Notices for FX Options.
* Market orders will not be accepted between 7:30 a.m.-9:30 a.m. (New York Time).
For more information about ISE FX Options, please contact firstname.lastname@example.org