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CME options go european


Chicago Mercantile Exch-ange (CME) has started the processes of switching from American style to European style exercise for its equity index options and implementing a number of other initiatives to bolster equity index options trading.

The move to european style options will be gradual, over the next several months, CME said. E-mini S&P 500 options, for example, will convert to european style in contract expiries after December. S&P...

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