Currency Options Anyone? Where?

[Jeffp]

I'm familiar with CME, options on currency futures; how about on ICE how is the liquidity there.

Are they options on currency futures? and do they offer options on spot pairs?

Does this product even exist?

If so what other exchanges offer them?

Thank you for any in put here.

JP

 

[xflat2186]

Philly offers options on spot pairs and in cash settled form too. I dont know how the liquidity is these days exactly how much do you need?

 

[Jeffp]

Thanks Xflat,

Its not that I personally require gobs, but I'd like to see some participation for decent spreads and availability.

I know order routing can find best price, very curious where the best liquidity is.

 

[thegazelle]

Ice does FX, but trading is little if any (on the underlying). Not sure if they have options, but if they do, nothing trades.

 

[MTE]

In addition to Philly you have FX options on ISE. Also spot cash-settled rather than futures.

 

[moarla]

warrants on deutsche Börse, but not for US citizens

 

[thegazelle]

Problem with all these currency options that trade on the standard US options exchanges is that they are all exchange independent (i.e. PHLX, or ISE), so you don't have all 7 exchanges competing on a single product. Just my opinion though..

 

[MTE]

Quote from thegazelle:

Problem with all these currency options that trade on the standard US options exchanges is that they are all exchange independent (i.e. PHLX, or ISE), so you don't have all 7 exchanges competing on a single product. Just my opinion though..

You mean dependent not independent.