CBoT and SFE sign options deal

Chicago Board of Trade (CBoT) has announced a licensing agreement with Sydney Futures Exchange (SFE) to launch one-day options products based on two CBoT futures contracts.

CBoT said it will licence its mini-sized Dow and CBoT 100 oz gold futures to the Sydney exchange. SFE twill then to launch a new one-day CBoT mini-sized Dow options contract and a one-day gold options contract to be traded on SFE's Sycom platform and cleared by SFE. The contracts are expected to launch in early 2006, pending regulatory approval in Australia and the US.