November 2016
Attached please find the updated Foreign Listed Stock Index Futures and Options Approvals Chart, current as of November 2016. All prior versions are superseded and should be discarded. Please note the following developments since we last distributed the Approvals Chart:
(1) The CFTC has approved for trading by U.S. Persons the Taiwan Futures Exchange's futures contract based on the Nifty 50 Index.
(2) The Taiwan Futures Exchange has announced that its futures contract based on the Taiwan Futures Exchange Electronic Sector Index is now deemed a narrow-based index and therefore may only be offered and sold to U.S. persons in compliance with the applicable requirements of both the SEC and the CFTC. See note 22.
For Additional Information
The information on the attached Approvals Chart is subject to change at any time. If you have questions or would like confirmation of the status of a specific contract, please contact:
James D. Van De Graaff Kevin M. Foley Gary A. DeWaal Christian B. Hennion
+1.312.902.5227 +1.312.902.5372 +1.212.940.6558 +1.312.902.5521
james.vandegraaff@kattenlaw.com kevin.foley@kattenlaw.com gary.dewaal@kattenlaw.com christian.hennion@kattenlaw.com
Foreign Listed Stock Index Futures and Options Approvals
(November 2016)
Country/Exchange
Australia/ASX
Australia/ASX Australia/ASX Australia/ASX Australia/ASX Australia/ASX
Underlying
1-Day Option Contract based on the CBOT MiniSized Dow Futures Contract S&P/ASX 50
S&P/ASX 200
S&P/ASX 200 A-Reit
S&P/ASX 200 VIX Single name equities
Futures Contracts
Options on Futures Contracts
None offered
Approved for sale to U.S. Persons (August 8, 2006 No-Action Letter issued to Sydney Futures Exchange (SFE))
Approved for sale to U.S. Persons (July 24, 2002 No-Action Letter issued to ASX Futures Exchange)
None offered
Approved for sale to U.S. Persons (July 24, 2002 No-Action Letter issued to ASX Futures Exchange)
None offered
Not approved
None offered
Approved for sale to U.S. Persons (August 30, 2014 certification)
None offered
None offered
None offered
Equity Options
None offered
ETF Options
None offered
Approved for Eligible U.S. Institutions (August 13, 2007 SEC No-Action Letter issued to ASX Limited)
None offered
Approved for Eligible U.S. Institutions (August 13, 2007 SEC No-Action Letter issued to ASX Limited)
Not approved
Approved for Eligible U.S. Institutions (August 13, 2007 SEC No-Action Letter issued to ASX Limited)
None offered
None offered
None offered
Approved for Eligible U.S. Institutions (August 13, 2007 SEC No-Action Letter issued to ASX Limited)
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
1
Country/Exchange
Australia/ASX
Austria/Wiener Borse (Vienna Stock Exchange) Austria/Wiener Borse (Vienna Stock Exchange) Austria/Wiener Borse (Vienna Stock Exchange) Austria/Wiener Borse (Vienna Stock Exchange)
Belgium/Euronext Brussels16
Belgium/Euronext Brussels16 Belgium/Euronext Brussels16
Underlying
SPI 200
ATX
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (August 10, 1999 No-Action Letter issued to SFE)
Approved for sale to U.S. Persons (August 10, 1999 No-Action Letter issued to SFE)
Not approved
None offered
Equity Options
Not approved
Not approved
ETF Options
None offered
None offered
CECE Indices (CEX, CTX, Not approved HTX, PTX)
Russian Traded
Not approved
None offered None offered
Not approved Not approved
None offered None offered
Single name equities
None offered
None offered
BEL 20
Approved for sale to U.S. Persons (August 31, 2011 No-Action Letter issued to Euronext Brussels)
None offered
Mini BEL 20 (index participation units)
Mini Euro STOXX (index participation units)
None offered None offered
None offered None offered
Not approved (but see Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Approved for Eligible U.S. Institutions (September 17, 2014 Representation Letter from Euronext Brussels to SEC)4
None offered
Not approved
None offered
Not approved
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
2
Country/Exchange
Underlying
Futures Contracts
Options on Futures Contracts
Equity Options
ETF Options
Belgium/Euronext Brussels16
Single name equities
Not approved
None offered
Approved for Eligible U.S. Institutions for Eligible Options on individual equities that are listed and traded on Euronext Brussels (September 17, 2014 Representation Letter from Euronext Brussels to SEC) (see also Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Brazil/BM&F Bovespa S.A.
S&P BSE SENSEX
Approved for sale to U.S. None offered Persons (March 12, 2013 certification)
None offered
None offered
Brazil/BM&F Bovespa S.A.
FTSE/JSE Top 40
Approved for sale to U.S. None offered Persons (March 12, 2013 certification)
None offered
None offered
Brazil/BM&F Bovespa S.A.
Hang Seng
Approved for sale to U.S. None offered Persons (March 12, 2013 certification)
None offered
None offered
Brazil/BM&F Bovespa S.A.
Ibovespa
Approved for sale to U.S. Persons (August 26, 2009 No-Action Letter issued to BM&F Bovespa S.A.)2
Approved for sale to U.S. Persons (August 26, 2009 No-Action Letter issued to BM&F Bovespa S.A.)
Not approved
Not approved
Brazil/BM&F Bovespa S.A.
Ibovespa Flex
None offered
None offered
Not approved
None offered
Brazil/BM&F Bovespa S.A.
IBrX 50
Approved for sale to U.S. Persons (May 24, 2016 certification)
Approved for sale to U.S. Persons (May 24, 2016 certification)
Not approved
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
3
Country/Exchange
Brazil/BM&F Bovespa S.A.
Brazil/BM&F Bovespa S.A.
Brazil/BM&F Bovespa S.A.
Canada/Montreal Exchange (Bourse de Montral)
Canada/Montreal Exchange (Bourse de Montral)
Canada/Montreal Exchange (Bourse de Montral)
Underlying
MICEX Mini Ibovespa
S&P 500 Index
FTSE Emerging Markets Index
iShares S&P/TSX 60
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. None offered Persons (March 12, 2013 certification)
Approved for sale to U.S. Persons (August 26, 2009 No-Action Letter issued to BM&F Bovespa S.A.)
None offered
Approved for sale to U.S. Persons (September 24, 2012 certification)
Approved for sale to U.S. Persons (September 24, 2012 certification)
Approved for sale to U.S. Persons (March 21, 2014 CFTC No-Action Letter issued to Montreal Exchange)
None offered
None offered (but see S&P/TSX 60)
None offered
Equity Options
None offered None offered
None offered
None offered
None offered (but see S&P/TSX 60)
iShares S&P/TSX Capped None offered (see also None offered
Energy
S&P/TSX Capped Sector)
None offered (but see S&P/TSX Capped Sector)
ETF Options
None offered
None offered
None offered
None offered
Approved for U.S. Persons generally pursuant to Registration Statement (see S&P/TSX Canada 60) Approved for U.S. Persons generally pursuant to Registration Statement (see S&P/TSX Canada 60)
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
4
Country/Exchange
Canada/Montreal Exchange (Bourse de Montral)
Canada/Montreal Exchange (Bourse de Montral)
Canada/Montreal Exchange (Bourse de Montral)
Canada/Montreal Exchange (Bourse de Montral) Canada/Montreal Exchange (Bourse de Montral)
Underlying
Futures Contracts
Options on Futures Contracts
iShares S&P/TSX Capped None offered (see also None offered
Financials
S&P/TSX Capped Sector)
iShares S&P/TSX Global None offered Gold
None offered
iShares S&P/TSX Capped Information Technology
None offered (see also S&P/TSX Capped Sector below)
None offered
S&P/TSX 60 Index Mini Futures
S&P/TSX 60
Approved for sale to U.S. Persons (April 19, 2012 certification)
None offered
Approved for sale to U.S. Persons (December 9, 1999 CFTC No-Action Letter issued to Montreal Exchange)3
None offered
Equity Options
None offered (but see S&P/TSX Capped Sector)
None offered
None offered (but see S&P/TSX Capped Sector)
None offered
ETF Options
Approved for U.S. Persons generally pursuant to Registration Statement (see S&P/TSX Canada 60)
Approved for U.S. Persons generally pursuant to Registration Statement (see S&P/TSX Canada 60)
Approved for U.S. Persons generally pursuant to Registration Statement (see S&P/TSX Canada 60)
None offered
Approved, including approval of all other index options, for sale to U.S. Persons generally that are now or may in the future be listed (Post-Effective Amendment No. 27 to Registration Statement on Form S-20 filed by Canadian Derivatives Clearing Corp.; SEC File No. 2-69458)
None offered (but see iShares S&P/TSX 60)
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
5
Country/Exchange
Canada/Montreal Exchange (Bourse de Montral)
Underlying
Futures Contracts
S&P/TSX Capped Sector Not approved
Canada/Montreal Exchange (Bourse de Montral)
Single name equities
None offered
China (see also Hong Kong and Taiwan)/China Financial Futures Exchange
CSI 300 Index Futures
Denmark/Nasdaq Copenhagen
OMX Copenhagen 20 (OMXC20)
Denmark/Nasdaq Copenhagen
Single name equities
Not approved
Not approved None offered
Options on Futures Contracts
None offered
None offered
None offered
Equity Options
ETF Options
Approved for U.S. Persons generally pursuant to Registration Statement (see S&P/TSX Canada 60)
None offered (but see iShares S&P/TSX Capped Energy; iShares S&P/TSX Capped Financials; iShares S&P/TSX Capped Information Technology)
Approved for all options on individual securities listed on the Montreal Exchange that are now or may in the future be listed for sale to U.S. Persons generally (Post-Effective Amendment No. 27 to Registration Statement on Form S-20 filed by Canadian Derivatives Clearing Corp.; SEC File No. 2-69458)
None offered
None offered
None offered
None offered None offered
Not approved
None offered
Not approved (but see U.K./ICE Futures Europe Single name equities; U.K./Turquoise Global Holdings Limited)4,11
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
6
Country/Exchange
Underlying
Finland/Nasdaq Helsinki Single name equities
France/Euronext Paris S.A.16
CAC 40
France/Euronext Paris S.A.16
CAC 40 Mini
France/Euronext Paris S.A.16
Euro STOXX 50
France/Euronext Paris S.A.16
STOXX 50
Futures Contracts
None offered
Options on Futures Contracts
None offered
Approved for sale to U.S. Persons (December 17, 1991 No-Action Letter issued to ParisBourse)3
None offered
Approved for sale to U.S. Persons (September 13, 2013 certification)
None offered
Approved for sale to U.S. Persons (February 29, 2000 CFTC No-Action Letter issued to ParisBourse)3
None offered
Approved for sale to U.S. Persons (February 29, 2000 CFTC No-Action Letter issued to ParisBourse)3
None offered
Equity Options
ETF Options
Not approved (but see Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Approved for Eligible U.S. Institutions (June 17, 1996 SEC No-Action Letter issued to MONEP, confirmed by December 6, 1999 SEC No-Action Letter issued to ParisBourse)4
None offered
None offered
None offered
Approved for Eligible U.S. Institutions (October 26, 1998 SEC No-Action Letter issued to MONEP, confirmed by December 6, 1999 SEC No-Action Letter issued to ParisBourse)
None offered
Approved for Eligible U.S. Institutions (October 26, 1998 SEC No-Action Letter issued to MONEP, confirmed by December 6, 1999 SEC No-Action Letter issued to ParisBourse)
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
7
Country/Exchange
France/Euronext Paris S.A.16 France/Euronext Paris S.A.16
France/Euronext Paris S.A.16
France/Euronext Paris S.A.16
France/Euronext Paris S.A.16
Underlying
STOXX 600 Sectors (Bank, Energy, Healthcare, Technology, Telecommunications) FTSE EPRA/NAREIT Euro Zone
FTSE EPRA/NAREIT Europe
FTSEurofirst 100
FTSEurofirst 80
Futures Contracts
Not approved
Options on Futures Contracts
None offered
Equity Options
Not approved
Approved for sale to U.S. Persons (July 10, 2008 CFTC No-Action Letter issued to Euronext LIFFE, on behalf of Euronext Paris S.A.)
None offered
Approved for sale to U.S. Persons (July 10, 2008 CFTC No-Action Letter issued to Euronext LIFFE, on behalf of Euronext Paris S.A.)
None offered
Approved for sale to U.S. Persons (March 5, 2007 CFTC No-Action Letter issued to Euronext LIFFE, on behalf of Euronext Paris S.A.)
None offered
Approved for sale to U.S. Persons (March 5, 2007 CFTC No-Action Letter issued to Euronext LIFFE, on behalf of Euronext Paris S.A.)
None offered
None offered
None offered
None offered4
Approved for Eligible U.S. Institutions (September 17, 2014 Representation Letter from Euronext Paris to SEC)4
ETF Options
None offered Not approved
Not approved
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
8
Country/Exchange
Underlying
Futures Contracts
Options on Futures Contracts
Equity Options
ETF Options
France/Euronext Paris S.A.16
Single name equities
Not approved
None offered
Approved for Eligible U.S. Institutions for Eligible Options on individual equities that are listed and traded on Euronext Paris or other specified markets18 (September 17, 2014 Representation Letter from Euronext Paris to SEC) (see also Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Germany/Brse Frankfurt
Single name equities
None offered
None offered
Not approved (but see Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Germany/Eurex16
ATX
Not approved
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
ATX five
Not approved
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
CECE EUR
Not approved
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
Not approved
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
9
Country/Exchange
Germany/Eurex16
Germany/Eurex16
Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16
Germany/Eurex16
Underlying
DAX
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (December 20, 1994 CFTC No-Action Letter issued to Deutsche Terminborse)3, 22
None offered
DivDAX
Not approved
None offered
Dow Jones Banks Titans Not approved 30
None offered
Dow Jones Insurance Titans 30
Not approved
None offered
Dow Jones Oil and Gas Titans 30
Not approved
None offered
Dow Jones Telecommunications Titans 30
Not approved
None offered
Dow Jones Utilities Titans Not approved 30
None offered
Dow Jones Global Titans 50 (EUR)
Approved for sale to U.S. Persons (July 18, 2002 CFTC No-Action Letter issued to Eurex)
None offered
Dow Jones Global Titans 50 Index (USD)
Approved for sale to U.S. Persons (June 4, 2012 certification)
None offered
Equity Options
ETF Options
Approved for Eligible U.S. Institutions, including weekly options with expiries on 1st, 2nd, 4th and 5th Fridays (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
None offered
None offered
None offered
None offered
None offered
None offered
None offered
None offered
None offered Not approved20
None offered None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
10
Country/Exchange
Germany/Eurex16 Germany/Eurex16
Germany/Eurex16
Germany/Eurex16 Germany/Eurex16
Germany/Eurex16 Germany/Eurex16
Underlying
Futures Contracts
Options on Futures Contracts
Dow Jones Italy Titans 30
Approved for sale to U.S. Persons (November 23, 2005 CFTC No-Action Letter issued to Eurex)
None offered
EURO STOXX
Approved for sale to U.S. Persons (June 4, 2012 certification)
None offered
EURO STOXX 50
Approved for sale to U.S. Persons (April 6, 2000 CFTC No-Action Letter issued to Eurex)3, 22
None offered
EURO STOXX 50 Dividend
EURO STOXX 50 Ex Financials Index
Not approved
Not approved
Approved for sale to U.S. Persons (August 27, 2012 certification)
None offered
EURO STOXX 50 Quanto
Approved for sale to U.S. Persons (March 21, 2016 certification)
None offered
EURO STOXX 50 Variance
Approved for sale to U.S. Persons (November 15, 2014 certification)
None offered
Equity Options
Not approved
ETF Options
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Approved for Eligible U.S. Institutions, including weekly options with expiries on 1st, 2nd, 4th and 5th Fridays (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Not approved
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
None offered None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
11
Country/Exchange
Germany/Eurex16
Underlying
EURO STOXX Banks
Futures Contracts
Not approved8
Options on Futures Contracts
None offered
Equity Options
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
ETF Options
None offered
Germany/Eurex16
EURO STOXX Banks Dividend
Not approved
None offered
None offered
None offered
Germany/Eurex16
EURO STOXX Large
Approved for sale to U.S. Persons (June 4, 2012 certification)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
EURO STOXX Mid
Approved for sale to U.S. Persons (June 4, 2012 certification)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
EURO STOXX Select Dividend 30
Approved for sale to U.S. Persons (August 18, 2008 CFTC No-Action Letter issued to Eurex)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
EURO STOXX Small
Approved for sale to U.S. Persons (June 4, 2012 certification)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
Various other EURO STOXX Sector Indices
Not approved
None offered
Certain of these options are approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
12
Country/Exchange
Germany/Eurex16 Germany/Eurex16
Germany/Eurex16 Germany/Eurex16
Germany/Eurex16 Germany/Eurex16
Germany/Eurex16 Germany/Eurex16 Germany/Eurex16
Underlying
KOSPI 200 Options6 MDAX
Mini DAX Mini Euro STOXX 50 Volatility (VSTOXX)
MSCI AC Asia Pacific MSCI AC Asia Pacific exJapan
MSCI ACWI MSCI ACWI ex US MSCI Australia
Futures Contracts
Options on Futures Contracts
Not approved
None offered
Approved for sale to U.S. Persons (March 14, 2006 CFTC No-Action Letter issued to Eurex)
None offered
Approved for sale to U.S. Persons (October 22, 2015 certification)
None offered
Approved for sale to U.S. Persons (July 20, 2012 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (June 17, 2013 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Equity Options
Not approved Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) None offered
None offered
None offered
ETF Options
None offered None offered
None offered None offered
None offered None offered
None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
13
Country/Exchange
Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16
Germany/Eurex16
Germany/Eurex16 Germany/Eurex16 Germany/Eurex16
Underlying
MSCI China Free
MSCI Emerging Markets
MSCI Emerging Markets Net Total Return (Eurodenominated) MSCI Emerging Markets Asia
MSCI Emerging Markets EMEA
MSCI Emerging Markets Price Index
MSCI Emerging Markets Latin America
MSCI EMU
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (February 4, 2014 certification)
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered None offered
Approved for sale to U.S. None offered Persons (March 31, 2015 certification)
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
Approved for sale to U.S. None offered Persons (March 31, 2015 certification)
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Equity Options
None offered
Not approved
Not approved
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) Not approved
Not approved
None offered
ETF Options
None offered Not approved None offered None offered
None offered
None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
14
Country/Exchange
Germany/Eurex16
Underlying
MSCI Europe
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (June 17, 2013 certification)
None offered
Equity Options
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
ETF Options
Not approved
Germany/Eurex16
MSCI Europe exSwitzerland
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
None offered
None offered
Germany/Eurex16
MSCI Europe Growth
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
MSCI Europe Price Index
Approved for sale to U.S. None offered Persons (March 31, 2015 certification)
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Germany/Eurex16
MSCI Europe Net Total Return (USD)
Approved for sale to U.S. Persons (June 22, 2016 certification)
None offered
None offered
None offered
Germany/Eurex16
Germany/Eurex16 Germany/Eurex16
MSCI Europe Value
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
MSCI Frontier Markets Index
MSCI Hong Kong
Approved for sale to U.S. Persons (July 14, 2014 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
None offered None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
15
Country/Exchange
Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16
Underlying
Futures Contracts
Options on Futures Contracts
MSCI India
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
MSCI Indonesia
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
MSCI Japan
Approved for sale to U.S. Persons (June 17, 2013 certification)
None offered
MSCI Japan Gross Total Return (USD)
Approved for sale to U.S. Persons (June 22, 2016 certification)
None offered
MSCI Kokusai Gross Total Approved for sale to U.S.
Return
Persons (August 4, 2016
certification)
None offered
MSCI Kokusai Net Total Return
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
MSCI Malaysia
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
MSCI Mexico
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
MSCI Pacific Gross Total Return
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
MSCI Pacific Net Total Return
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Equity Options
None offered None offered None offered None offered None offered None offered None offered None offered None offered None offered
ETF Options
None offered None offered None offered None offered None offered None offered None offered None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
16
Country/Exchange
Germany/Eurex16
Underlying
MSCI Pacific ex Japan
Germany/Eurex16
MSCI Russia
Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16
MSCI South Africa
MSCI Thailand
MSCI United Kingdom
MSCI USA Equal Weighted MSCI USA
MSCI USA Momentum
MSCI USA Quality
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Not approved
None offered
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
Approved for sale to U.S. Persons (February 4, 2014 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Equity Options
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) None offered
None offered
None offered
None offered
None offered
None offered
None offered
ETF Options
None offered None offered
None offered None offered None offered None offered None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
17
Country/Exchange
Germany/Eurex16
Underlying
MSCI USA Value Weighted
Germany/Eurex16
MSCI World
Germany/Eurex16 Germany/Eurex16
MSCI World Net Total Return (Eurodenominated)
MSCI World MidCap
Germany/Eurex16
MSCI World Price Index
Germany/Eurex16
OMXH25 (HEX 25 Finnish)
Germany/Eurex16
RDX EUR
Germany/Eurex16
RDX USD12
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. Persons (June 17, 2013 certification)
None offered
Approved for sale to U.S. None offered Persons (March 31, 2015 certification)
Approved for sale to U.S. Persons (August 4, 2016 certification)
None offered
Approved for sale to U.S. None offered Persons (March 31, 2015 certification)
Not approved
None offered
Not approved
None offered
Not approved
None offered
Equity Options
None offered
Not approved
Not approved
None offered
Not approved
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
ETF Options
None offered None offered None offered None offered None offered None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
18
Country/Exchange
Germany/Eurex16
Underlying
SENSEX
Germany/Eurex16
Single name equities
Germany/Eurex16
SLI Swiss Leader
Germany/Eurex16
STOXX Europe 50
Germany/Eurex16
STOXX Europe 600
Futures Contracts
Not approved
Options on Futures Contracts
None offered
Not approved
None offered
Approved for sale to U.S. Persons (August 18, 2008 CFTC No-Action Letter issued to Eurex)
None offered
Approved for sale to U.S. Persons (April 6, 2000 CFTC No-Action Letter issued to Eurex)3
None offered
Approved for sale to U.S. Persons (June 4, 2012 certification; see also July 18, 2007 CFTC No-Action Letter issued to Eurex)
None offered
Equity Options
ETF Options
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Approved for Eligible U.S. Institutions for options on equities listed and traded on other exchanges excluding U.S. securities (December 1, 2015 Representation Letter from Eurex to SEC)5
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
19
Country/Exchange
Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16 Germany/Eurex16
Underlying
STOXX Europe 600 Banks
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (April 2, 2002 CFTC No-Action Letter issued to Eurex)
None offered
STOXX Europe 600 Industrial Goods & Services
Approved for sale to U.S. Persons (February 6, 2008 CFTC No-Action Letter issued to Eurex)
None offered
STOXX Europe 600 Insurance
Approved for sale to U.S. Persons (February 6, 2008 CFTC No-Action Letter issued to Eurex)
None offered
STOXX Europe 600 Media
Approved for sale to U.S. Persons (February 6, 2008 CFTC No-Action Letter issued to Eurex)
None offered
STOXX Europe 600 Personal & Household Goods
Not approved7
None offered
STOXX Europe 600 Travel & Leisure
Approved for sale to U.S. Persons (February 6, 2008 CFTC No-Action Letter issued to Eurex)
None offered
Equity Options
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
ETF Options
None offered None offered None offered None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
20
Country/Exchange
Germany/Eurex16 Germany/Eurex16
Germany/Eurex16
Germany/Eurex16 Germany/Eurex16
Germany/Eurex16
Underlying
STOXX Europe 600 Utilities
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (February 6, 2008 CFTC No-Action Letter issued to Eurex)
None offered
Various other STOXX
Not approved
Europe 600 Sector Indices
None offered
STOXX Europe Large 200
Approved for sale to U.S. Persons (June 4, 2012 certification; see also February 6, 2008 CFTC No-Action Letter issued to Eurex)
None offered
STOXX Europe Mid 200
Approved for sale to U.S. Persons (June 4, 2012 certification; see also July 18, 2007 CFTC No-Action Letter issued to Eurex)
None offered
STOXX Europe Small 200
Approved for sale to U.S. Persons (June 4, 2012 certification; see also February 6, 2008 CFTC No-Action Letter issued to Eurex)
None offered
STOXX Global Select Dividend 100
Approved for sale to U.S. Persons (February 2, 2016 certification)
None offered
Equity Options
ETF Options
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
None offered
Certain of these options are approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)19
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC)
None offered None offered
Not approved
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
21
Country/Exchange
Germany/Eurex16
Underlying
Futures Contracts
Swiss Market Index (SMI) Not approved
Options on Futures Contracts
None offered
Germany/Eurex16
Germany/Eurex16 Germany/Eurex16
Swiss Market Index Midcap (SMIM)
TA-25
TecDAX
Approved for sale to U.S. Persons (August 18, 2008 CFTC No-Action Letter issued to Eurex)
None offered
Approved for sale to U.S. Persons (July 14, 2014 certification)
None offered
Approved for sale to U.S. Persons (August 18, 2008 CFTC No-Action Letter issued to Eurex)
None offered
Greece/Athens Exchange Derivatives Market
FTSE/ATHEX Large Cap
Greece/Athens Exchange Derivatives Market
FTSE/ATHEX Mid Cap
Hong Kong/Hong Kong CES China 120 Exchanges and Clearing Ltd. (HKEX)16
Hong Kong/Hong Kong DJIA Exchanges and Clearing Ltd. (HKEX)16
Not approved
None offered
Not approved
None offered
Approved for sale to U.S. Persons (September 17, 2013 certification)
None offered
Not approved
None offered
Equity Options
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) None offered
Approved for Eligible U.S. Institutions (December 1, 2015 Representation Letter from Eurex to SEC) Not approved
Not approved
None offered
None offered
ETF Options
Not approved20
None offered
None offered None offered
None offered None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
22
Country/Exchange
Underlying
Futures Contracts
Options on Futures Contracts
Equity Options
ETF Options
Hong Kong/Hong Kong FTSE/Xinhua China 25 Exchanges and Clearing Ltd. (HKEX)16
Approved for sale to U.S. Persons (September 26, 2006 CFTC No-Action Letter issued to HKFE)
None offered
Not approved
None offered
Hong Kong/Hong Kong Hang Seng Exchanges and Clearing Ltd. (HKEX)16
Approved for sale to U.S. Persons (June 1, 1994 CFTC No-Action Letter issued to HKFE)3
None offered
Approved for Eligible U.S. Institutions (August 24, 2015 Representation Letter from Hong Kong Futures Exchange Limited to SEC; September 26, 1995 SEC No-Action Letter issued to HKFE)
None offered
Hong Kong/Hong Kong HSCEI Dividend Point Exchanges and Clearing Index Ltd. (HKEX)16
Not Approved
None offered
None offered
None offered
Hong Kong/Hong Kong H-Shares (Hang Seng Exchanges and Clearing China Enterprises Index) Ltd. (HKEX)16
Approved for sale to U.S. Persons (September 26, 2006 CFTC No-Action Letter issued to HKFE)
None offered
Approved for Eligible U.S. Institutions (August 24, 2015 Representation Letter from Hong Kong Futures Exchange Limited to SEC)
None offered
Hong Kong/Hong Kong Exchanges and Clearing Ltd. (HKEX)16
HSI Volatility Index (VHSI)
Approved for sale to U.S. Persons (September 17, 2013 certification)
None offered
None offered
None offered
Hong Kong/Hong Kong Mini Hang Seng Exchanges and Clearing Ltd. (HKEX)16
Approved for sale to U.S. Persons (January 16, 2009 CFTC No-Action Letter issued to HKFE)
None offered
Approved for Eligible U.S. Institutions (August 24, 2015 Representation Letter from Hong Kong Futures Exchange Limited to SEC)
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
23
Country/Exchange
Underlying
Hong Kong/Hong Kong Mini Hang Seng China Exchanges and Clearing Enterprises Index Ltd. (HKEX)16
Hong Kong/The Stock Exchange of Hong Kong Limited (SEHK)16
Single name equities
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (January 16, 2009 CFTC No-Action Letter issued to HKFE)
None offered
None offered
None offered
Hungary/Budapest Stock BUX Exchange
Not approved
None offered
India/Bombay Stock Exchange (BSE)
India/Bombay Stock Exchange (BSE)
India/Bombay Stock Exchange (BSE)
India/National Stock Exchange of India Ltd. (NSE)
India/National Stock Exchange of India Ltd. (NSE)
BSE Sensitive Index of 30 Stocks (Sensex)9 DOLLEX-309
Approved for sale to U.S. Persons (June 14, 2006 CFTC No-Action Letter issued to BSE)
Not approved
None offered None offered
S&P BSE 1009 Bank Nifty9
Approved for sale to U.S. Persons (September 24, 2013 certification)
None offered
Not approved
None offered
CNXIT9
Not approved
None offered
Equity Options
Not approved
ETF Options
None offered
Approved for Eligible U.S. Institutions (August 24, 2015 Representation Letter from The Stock Exchange of Hong Kong Limited to SEC)
None offered
Not approved
None offered
Not approved
None offered
Not approved Not approved Not approved Not approved
None offered None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
24
Country/Exchange
India/National Stock Exchange of India Ltd. (NSE)
Underlying
S&P CNX Nifty ("Nifty 50")9
Ireland/Irish Stock Exchange
Single name equities
Israel/Tel Aviv Stock Exchange
Israel/Tel Aviv Stock Exchange
Italy/Borsa Italiana IDEM16
Italy/Borsa Italiana IDEM16
TA-25 TA Banks FTSE MIB Dividend FTSE MIB
Italy/Borsa Italiana IDEM16
Mini FTSE MIB
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (October 17, 2003 CFTC No-Action Letter issued to NSE)
None offered
None offered
None offered
Not approved
None offered
Equity Options
Not approved
ETF Options
None offered
Not approved (but see Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Not approved
None offered
Not approved
None offered
Not approved
None offered
Approval pending
None offered
None offered
None offered
Approved for sale to U.S. Persons (August 30, 2004 CFTC No-Action Letter issued to Borsa Italiana)
None offered
Approved for sale to U.S. Persons (August 30, 2004 CFTC No-Action Letter issued to Borsa Italiana)
None offered
Approved for Eligible U.S. Institutions (September 4, 2015 Representation Letter from Borsa Italiana to SEC; September 24, 2004 SEC No-Action Letter issued to Borsa Italiana)
None offered
None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
25
Country/Exchange
Underlying
Futures Contracts
Options on Futures Contracts
Equity Options
ETF Options
Italy/Borsa Italiana IDEM16
Single name equities
Not approved
None offered
Approved for Eligible U.S. Institutions (September 4, 2015 Representation Letter from Borsa Italiana to SEC; see also September 1, 1998 SEC No-Action Letter issued to Borsa Italiana with respect to options on individual ISE equities) (see also Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Japan/Osaka Exchange DJIA (OSE)16
Approved for sale to U.S. Persons (June 15, 2012 certification)
None offered
None offered
None offered
Japan/Osaka Exchange FTSE Japan (OSE)16
Approved for sale to U.S. Persons (February 13, 2003 No-Action Letter issued to OSE)
None offered
None offered
None offered
Japan/Osaka Exchange JPX-Nikkei Index 400 (OSE)16
Approved for sale to U.S. Persons (October 21, 2014 certification)
None offered
Not approved
None offered
Japan/Osaka Exchange Mini Nikkei 225 (OSE)16
Approved for sale to U.S. Persons (July 10, 2006 CFTC No-Action Letter issued to OSE)3
None offered
None offered
None offered
Japan/Osaka Exchange Mini Tokyo Stock Price
(OSE)16
Index (TOPIX)
Approved for sale to U.S. Persons (November 9, 2009 CFTC No-Action Letter issued to TSE)
None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
26
Country/Exchange
Underlying
Japan/Osaka Exchange (OSE)16 Japan/Osaka Exchange (OSE)16
Nikkei 225 Dividend Nikkei 225
Japan/Osaka Exchange Nikkei Stock Average
(OSE)16
Volatility
Japan/Osaka Exchange Russell/Nomura Prime (OSE)16
Japan/Osaka Exchange Single name equities (OSE)16
Japan/Osaka Exchange Tokyo Stock Exchange
(OSE)16
Mothers Index
Futures Contracts
Not approved
Options on Futures Contracts
None offered
Equity Options
None offered
ETF Options
None offered
Approved for sale to U.S. Persons (January 16, 1992 CFTC No-Action Letter issued to OSE)3
None offered
Approved for sale to U.S. Persons (March 9, 2012 certification)
None offered
Approved for sale to U.S. Persons (March 14, 2005 No-Action Letter issued to OSE)
None offered
None offered
None offered
Approved for sale to U.S. Persons (July 12, 2016 certification)
None offered
Approved for Eligible U.S. Institutions (July 23, 1999 SEC No-Action Letter issued to OSE)
None offered
None offered
None offered
None offered
None offered
Approved for Eligible U.S. Institutions for Eligible Options on individual equities that are listed and traded on the OSE or other Japanese exchanges and that meet OSE selection standards (March 14, 2014 Representation Letter from Tokyo Stock Exchange and Osaka Securities Exchange to SEC)
None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
27
Country/Exchange
Underlying
Japan/Osaka Exchange Tokyo Stock Exchange
(OSE)16
REIT
Japan/Osaka Exchange TOPIX (OSE)16
Japan/Osaka Exchange TOPIX 150 (OSE)16
Japan/Osaka Exchange (OSE)16 Japan/Osaka Exchange (OSE)16
TOPIX Banks TOPIX Core30
Japan/Tokyo Financial Exchange (TFX)
Nikkei 225 Margin
Korea see South Korea
-
Malaysia/Bursa Malaysia FTSE Bursa Malaysia
Derivatives Berhad
Kuala Lumpur Composite
(BMD)
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (November 9, 2009 CFTC No-Action Letter issued to TSE)
None offered
Approved for sale to U.S. Persons (January 16, 1992 CFTC No-Action Letter issued to TSE)3
None offered
Approved for sale to U.S. Persons (May 23, 2001 CFTC No-Action Letter issued to TSE)3
None offered
Not approved
None offered
Approved for sale to U.S. Persons (November 9, 2009 CFTC No-Action Letter issued to TSE)
None offered
Not approved
None offered
--
Approved for sale to U.S. Persons (June 28, 2011 CFTC No-Action Letter issued to Bursa Malaysia Derivatives Berhad)
Approved for sale to U.S. Persons (June 28, 2011 CFTC NoAction Letter issued to Bursa Malaysia Derivatives Berhad)
Equity Options
None offered
ETF Options
None offered
Approved for Eligible U.S. Institutions (July 27, 1999 SEC No-Action Letter issued to TSE)
None offered
Approved for Eligible U.S. Institutions (November 15, 2002 SEC No-Action Letter issued to TSE)
None offered
None offered
None offered
None offered
None offered
None offered Not approved
None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
28
Country/Exchange
Mexico/Mexican Derivatives Exchange (MEXDER)
Underlying
IPC
Mexico/Mexican Derivatives Exchange (MEXDER)
Netherlands/Euronext Amsterdam Derivatives Markets N.V.16
Mini IPC AEX
Netherlands/Euronext Amsterdam Derivatives Markets N.V.16
Netherlands/Euronext Amsterdam Derivatives Markets N.V.16
Netherlands/Euronext Amsterdam Derivatives Markets N.V.16
AEX Mini Amsterdam Mid-Kap FTSE Eurotop 100
Futures Contracts
Options on Futures Contracts
Equity Options
Approved for sale to U.S. Persons (August 24, 2006 CFTC No-Action Letter issued to Mercado Mexicano de Derivados, S.A. de C.V.)
Approved for sale to U.S. Persons (August 24, 2006 CFTC NoAction Letter issued to Mercado Mexicano de Derivados, S.A. de C.V.)
None offered
Approved for sale to U.S. None offered Persons (March 26, 2014 certification)
None offered
Approved for sale to U.S. Persons (April 7, 2003 CFTC No-Action Letter issued to Euronext Amsterdam Derivatives Markets N.V.)
None offered
Approved for Eligible U.S. Institutions (September 17, 2014 Representation Letter from Euronext Amsterdam to SEC)4
Approved for sale to U.S. Persons (September 13, 2013 certification)
None offered
Not approved
Not approved
None offered
Not approved
ETF Options
Not approved
None offered None offered
None offered None offered
Approved for sale to U.S. Persons (May 14, 1996 CFTC No-Action Letter issued to Financiele Termijnmarkt Amsterdam)3
None offered
Not approved
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
29
Country/Exchange
Underlying
Netherlands/Euronext Amsterdam Derivatives Markets N.V.16
Light AEX
Netherlands/Euronext Amsterdam Derivatives Markets N.V.16
Netherlands/Euronext Amsterdam Derivatives Markets N.V.16
PSI 20 Single name equities
New Zealand/NZFOE
Norway/Oslo Stock Exchange
NZX 10 OBX
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (April 7, 2003 CFTC No-Action Letter issued to Euronext Amsterdam Derivatives Markets N.V.)
None offered
None offered (but see Euronext Lisbon)
None offered
Equity Options
Not approved
Not approved4
ETF Options
None offered
None offered
Not approved
Not approved Not approved
None offered
Not approved None offered
Approved for Eligible U.S. Institutions for Eligible Options on individual equities that are listed and traded on Euronext Amsterdam or other specified markets17 (September 17, 2014 Representation Letter from Euronext Amsterdam to SEC) (see also Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
None offered
None offered
Not approved
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
30
Country/Exchange
Norway/Oslo Stock Exchange
Underlying
Single name equities
Poland/Warsaw Stock Exchange
WIG20
Portugal/Euronext Lisbon
Portugal/Euronext Lisbon
PSI 20 Single name equities
Russia
Single name equities
Russia/Moscow Exchange (Moscow Interbank Currency Exchange and Russian Trading System Stock Exchange)
MICEX Index
Futures Contracts
None offered
Options on Futures Contracts
None offered
Approved for sale to U.S. Persons (May 15, 2015 certification)
None offered
Not approved
None offered
Not approved
None offered
--
Not approved
Not approved
Equity Options
ETF Options
Not approved (but see U.K./ICE Futures Europe Single name equities; U.K./Turquoise Global Holdings Limited Single name equities)4,11
None offered
Not approved
None offered
None offered (but see Euronext Amsterdam)4
Not approved (but see U.K./ICE Futures Europe Single name equities)4
See Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities; U.K./London Stock Exchange Derivatives Single name equities4,5,14
None offered
None offered None offered -
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
31
Country/Exchange
Underlying
Futures Contracts
Options on Futures Contracts
Equity Options
ETF Options
Russia/Moscow Exchange (Moscow Interbank Currency Exchange and Russian Trading System Stock Exchange)
MICEX Index (mini)
Not approved
Not approved
None offered
None offered
Russia/Moscow Exchange (Moscow Interbank Currency Exchange and Russian Trading System Stock Exchange)
RTS Index
Approval pending
Not approved
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Dow Jones Thailand
Not approved (the requested approval was deemed withdrawn by the CFTC in 2004)
None offered
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Euro STOXX 50
Approved for sale to U.S. None offered Persons (March 22, 2012 certification)
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
FTSE/Xinhua China A50
Approved for sale to U.S. Persons (January 26, 2012 certification)
None offered
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Mini Nikkei 225
Approved for sale to U.S. Persons (December 23, 2009 CFTC No-Action Letter issued to SGX-DT)
None offered
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
MSCI Asia APEX 50
Approved for sale to U.S. Persons (January 26, 2012 certification)
None offered
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
MSCI China Free Index
Approved for sale to U.S. Persons (April 4, 2016 certification)
None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
32
Country/Exchange
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Underlying
MSCI Hong Kong+
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
MSCI India MSCI Indonesia MSCI Malaysia Index MSCI Philippines MSCI Singapore Free
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
MSCI Taiwan
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
MSCI Thailand
Futures Contracts
Options on Futures Contracts
Equity Options
Approved for sale to U.S. Persons (December 17, 1999 CFTC No-Action Letter issued to SIMEX)
None offered
None offered
Approved for sale to U.S. Persons (January 20, 2014 certification)
None offered
None offered
Approved for sale to U.S. None offered Persons (October 2, 2012 certification)
None offered
Approved for sale to U.S. Persons (November 25, 2014 certification)
None offered
None offered
Approved for sale to U.S. Persons (January 20, 2014 certification)
None offered
None offered
Approved for sale to U.S. Persons (June 21, 2000 CFTC No-Action Letter issued to SGX-DT)3
Approved for sale to U.S. Persons (June 21, 2000 CFTC NoAction Letter issued to SGX-DT)3
None offered
Approved for sale to U.S. Persons (August 29, 1997 CFTC No-Action Letter issued to SIMEX)3
Approved for sale to U.S. Persons (August 29, 1997 CFTC NoAction Letter issued to SIMEX)3
None offered
Approved for sale to U.S. Persons (January 20, 2014 certification)
None offered
None offered
ETF Options
None offered None offered None offered None offered None offered None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
33
Country/Exchange
Underlying
Futures Contracts
Options on Futures Contracts
Equity Options
ETF Options
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Nifty Midcap 50
Approved for sale to U.S. None offered Persons (April 15, 2016)
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Nikkei
Approved for sale to U.S. Persons (December 5, 1986 CFTC No-Action Letter issued to SIMEX)3
Approved for sale to U.S. Persons (December 5, 1986 CFTC No-Action Letter issued to SIMEX)3
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Nikkei 225 (USD)
Approved for sale to U.S. Persons (May 24, 2007 CFTC No-Action Letter issued to SGX-DT)
None offered
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Nikkei 300
Approved for sale to U.S. Persons (December 13, 1995 CFTC No-Action Letter issued to SIMEX)3
Approved for sale to U.S. Persons (December 13, 1995 CFTC No-Action Letter issued to SIMEX)3
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
Nifty 50
Approved for sale to U.S. Persons (January 7, 2004 CFTC No-Action Letter issued to SGX-DT)
None offered
Not approved
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
SGX MSCI Japan
Approved for sale to U.S. Persons (February 13, 2003 CFTC No-Action Letter issued to SGX-DT)
None offered
None offered
None offered
Singapore/Singapore Exchange Derivatives Trading Ltd. (SGX-DT)
SGX Straits Times (STI)
Not approved
None offered
None offered
None offered
South Africa/JSE/SAFEX ALSI/FTSE JSE 40
Approved for sale to U.S. Persons (June 28, 2002 CFTC No-Action Letter issued to SAFEX)
None offered
Not approved
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
34
Country/Exchange
Underlying
South Africa/JSE/SAFEX Financial
South Africa/JSE/SAFEX FTSE/JSE Shareholder Weighted Top 40 Index (DTOP)
South Africa/JSE/SAFEX Industrial
South Africa/JSE/SAFEX Mining
South Korea/Korea Exchange
KOSDAQ 150
South Korea/Korea Exchange
KOSPI 200
South Korea/Korea Exchange
Spain/Madrid Stock Exchange
Mini KOSPI 200 Single name equities
Spain/MEFF
IBEX 35
Spain/MEFF Spain/MEFF
IBEX 35 Mini S&P Euro
Futures Contracts
Not approved Not approved
Options on Futures Contracts
None offered
Not approved
Equity Options
None offered None offered
ETF Options
None offered None offered
Not approved Not approved Not approved
None offered None offered None offered
Approved for sale to U.S. Persons (November 26, 2008 CFTC No-Action Letter issued to Korea Futures Exchange)
None offered
Not approved
None offered
None offered
None offered
Approved for sale to U.S. Persons (August 8, 1994 CFTC No-Action Letter issued to MEFF)3
None offered
Not approved
Not approved
Approved for sale to U.S. Persons (June 14, 2001 CFTC No-Action Letter issued to MEFF)
None offered
None offered None offered None offered
Not approved
None offered None offered None offered
None offered
Not approved
None offered
Not approved (but see Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Not approved
None offered
None offered None offered
None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
35
Country/Exchange
Spain/MEFF
Sweden/Stockholm Stock Exchange Ltd.
Sweden/Stockholm Stock Exchange Ltd.
Sweden/Stockholm Stock Exchange Ltd.
Sweden/Stockholm Stock Exchange Ltd.
Underlying
S&P Europe 350 OMXcap OMXS30 (formerly OMX)
Single name equities
VINX30
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (June 14, 2001 CFTC No-Action Letter issued to MEFF)
None offered
Approved for sale to U.S. Persons (May 25, 2000 CFTC No-Action Letter issued to OM Stockholm)3
None offered
Approved for sale to U.S. Persons (June 3, 1998 CFTC No-Action Letter issued to OM Stockholm, and reaffirmed April 17, 2007, CFTC No-Action Letter issued to Stockholm Stock Exchange Ltd. (formerly OM Stockholm))3
None offered
Not approved
None offered
Approved for sale to U.S. Persons (November 13, 2007 CFTC No-Action Letter issued to OMX Stockholm)
None offered
Equity Options
None offered
ETF Options
None offered
Not approved
None offered
Not approved
None offered
Not approved (but see Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities; U.K./Turquoise Global Holdings Limited Single name equities)4,5,11
None offered
Not approved
Not approved
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
36
Country/Exchange
Switzerland/SIX Swiss Exchange Ltd
Taiwan/Taiwan Futures Exchange
Taiwan/Taiwan Futures Exchange
Taiwan/Taiwan Futures Exchange
Taiwan/Taiwan Futures Exchange
Taiwan/Taiwan Futures Exchange
Underlying
Single name equities
Futures Contracts
None offered
Options on Futures Contracts
None offered
Electronic Sector
Not approved23
None offered
Finance Sector
Approved for sale to U.S. Persons (May 16, 2005 CFTC No-Action Letter issued to Taiwan Futures Exchange)
None offered
Taipei Exchange Capitalization Weighted Stock Index
Approved for sale to U.S. Persons (October 24, 2011 No-Action Letter issued to Taiwan Futures Exchange)
None offered
Mini-TAIEX
Approved for sale to U.S. Persons (June 2, 2004 CFTC No-Action Letter issued to Taiwan Futures Exchange)
None offered
MSCI Taiwan (Taiwan Futures Exchange delisted the product on September 22, 2011)
Approved for sale to U.S. Persons (October 11, 2006 CFTC No-Action Letter issued to Taiwan Futures Exchange)
None offered
Equity Options
ETF Options
Not approved (but see Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Approved for Eligible U.S. Institutions (February 2, 2016 Representation Letter from Taiwan Futures Exchange to SEC)
None offered
Approved for Eligible U.S. Institutions (February 2, 2016 Representation Letter from Taiwan Futures Exchange to SEC)
None offered
Approved for Eligible U.S. Institutions (February 2, 2016 Representation Letter from Taiwan Futures Exchange to SEC)
None offered
None offered
None offered
Not approved
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
37
Country/Exchange
Underlying
Taiwan/Taiwan Futures Nifty 50 Exchange
Taiwan/Taiwan Futures TAIEX Exchange
Taiwan/Taiwan Futures Exchange
Taiwan Stock Exchange Non-Finance NonElectronics
Taiwan/Taiwan Futures TOPIX Exchange
Taiwan/Taiwan Futures Exchange
Thailand/Thailand Futures Exchange PCL
TSEC Taiwan 50 SET50
Turkey/Borsa stanbul Derivatives Market
(VIOP)
BIST 30 (formerly ISE 30)13
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (November 8, 2016 certification)
None offered
Approved for sale to U.S. Persons (July 1, 2004 CFTC No-Action Letter issued to Taiwan Futures Exchange)
None offered
Approved for sale to U.S. Persons (April 1, 2008 CFTC No-Action Letter issued to Taiwan Futures Exchange)
None offered
Approved for sale to U.S. Persons (July 26, 2016 certification)
None offered
Not approved
None offered
Equity Options
None offered
Approved for Eligible U.S. Institutions (February 2, 2016 Representation Letter from Taiwan Futures Exchange to SEC)
Approved for Eligible U.S. Institutions (February 2, 2016 Representation Letter from Taiwan Futures Exchange to SEC)
None offered
None offered
Approved for sale to U.S. Persons (November 26, 2008 CFTC No-Action Letter issued to Thailand Futures Exchange)
None offered
Approved for sale to U.S. Persons (August 17, 2010 CFTC No-Action Letter issued to Turkish Derivatives Exchange)
None offered
Not approved Not approved
ETF Options
None offered None offered
None offered
None offered None offered None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
38
Country/Exchange
U.K./ICE Futures Europe16
Underlying
AEX
U.K./ICE Futures Europe16
BEL 20
U.K./ICE Futures Europe16
CAC 40
U.K./ICE Futures Europe16
FTSE 100
U.K./ICE Futures Europe16 U.K./ICE Futures Europe16
FTSE 100 Dividend RDSA Withholding
FTSE 100 FLEX
Futures Contracts
None offered
Options on Futures Contracts
None offered
None offered
None offered
None offered
None offered
Approved for sale to U.S. Persons (January 16, 1990 CFTC No-Action Letter issued to LIFFE)3
None offered
Not approved
None offered
Equity Options
ETF Options
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC) (see also May 1, 1992 SEC No-Action Letter issued to LIFFE)4
None offered
None offered
None offered
None offered
None offered
Approved for Eligible U.S. Institutions (March 6, 1996 SEC No-Action Letter issued to LIFFE)
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
39
Country/Exchange
U.K./ICE Futures Europe16
Underlying
FTSE 250 (GBP 2 Multiplier)
U.K./ICE Futures Europe16 U.K./ICE Futures Europe16 U.K./ICE Futures Europe16
FTSE 250 (Mid-Cap) FTSE Eurobloc 100 FTSEurofirst 80
U.K./ICE Futures Europe16
FTSEurofirst 100
U.K./ICE Futures Europe16
FTSE Eurotop 100
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (January 10, 2014 certification)
None offered
Approved for sale to U.S. Persons (July 27, 1994 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (April 5, 2000 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (January 22, 2004 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (January 22, 2004 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (March 10, 2000 CFTC No-Action Letter issued to LIFFE)3
None offered
Equity Options
ETF Options
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
None offered None offered
None offered
None offered
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
None offered
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
40
Country/Exchange
U.K./ICE Futures Europe16
Underlying
FTSE Eurotop 300
U.K./ICE Futures Europe16
FTSE Eurotop 300 (ex. U.K.)
U.K./ICE Futures Europe16
Mini FTSE 100
U.K./ICE Futures Europe16
MSCI Europe Net Total Return (Eurodenominated)21
U.K./ICE Futures Europe16 U.K./ICE Futures Europe16 U.K./ICE Futures Europe16
MSCI Pan-Euro MSCI World PSI 20
Futures Contracts
Options on Futures Contracts
Approved for sale to U.S. Persons (April 5, 2000 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (April 5, 2000 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (May 30, 2001 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (December 6, 2013 certification)
None offered
Approved for sale to U.S. Persons (April 6, 2000 CFTC No-Action Letter issued to LIFFE)3
None offered
Approved for sale to U.S. Persons (September 24, 2014 certification)
None offered
None offered
None offered
Equity Options
None offered
ETF Options
None offered
None offered
None offered
None offered
None offered
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
None offered
None offered
None offered
None offered
Approved for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)4
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
41
Country/Exchange
U.K./ICE Futures Europe16
U.K./ICE Futures Europe16 U.K./London Stock Exchange Derivatives16 U.K./London Stock Exchange Derivatives16
U.K./London Stock Exchange Derivatives16
U.K./London Stock Exchange Derivatives16
Underlying
Single name equities
Futures Contracts
Not approved
Options on Futures Contracts
None offered
TOPIX BIST 30 FTSE 100
Approved for sale to U.S. Persons (December 1, 2011 certification)
None offered
Approved for sale to U.S. None offered Persons (October 6, 2015 certification)
Approved for sale to U.S. Persons (August 28, 2014 certification)
None offered
FTSE Russia IOB (FTSE Not approved RIOB)
None offered
FTSE UK Large Cap Super Liquid (FTSE SLQ)
Approved for sale to U.S. Persons (August 28, 2014 certification)
None offered
Equity Options
ETF Options
Approved for Eligible Options on individual equity securities on specified non-U.S. exchanges15 for Eligible U.S. Institutions (March 28, 2014 Representation Letter from ICE Futures Europe to SEC)
None offered
None offered
None offered
Not approved
None offered
Approved for Eligible U.S. Institutions (November 12, 2014 Representation Letter from London Stock Exchange to SEC)4
Approved for Eligible U.S. Institutions (November 12, 2014 Representation Letter from London Stock Exchange to SEC)
None offered
None offered None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
42
Country/Exchange
Underlying
U.K./London Stock
Single name equities
Exchange Derivatives16
U.K./Turquoise Global Holdings Limited
FTSE 100
U.K./Turquoise Global Holdings Limited
OMXC20 (formerly KFX)/Flex OMXC20
U.K./Turquoise Global Holdings Limited
OBX/Flex OBX
Futures Contracts
None offered
Options on Futures Contracts
None offered
Approved for sale to U.S. Persons (June 1, 2012 certification)
None offered
Not approved
None offered
Not approved
None offered
Equity Options
ETF Options
Approved for Eligible U.S. Institutions for Eligible Options on individual equity securities offered by the London Stock Exchange (November 12, 2014 Representation Letter from London Stock Exchange to SEC) (see also Germany/Eurex Single name equities; U.K./ICE Futures Europe Single name equities)4,5
None offered
Not approved4
None offered
Approved for Eligible U.S. Institutions (October 29, 2003 SEC No-Action Letter issued to EDX London Exchange)
Approved for Eligible U.S. Institutions (October 29, 2003 SEC No-Action Letter issued to EDX London Exchange)
None offered None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
43
Country/Exchange
U.K./Turquoise Global Holdings Limited
Underlying
OMXS30 (formerly OMX)/Flex OMXS30
U.K./Turquoise Global Holdings Limited
Single name equities
Futures Contracts
None offered
None offered
Options on Futures Contracts
None offered
None offered
Equity Options
ETF Options
Approved for Eligible U.S. Institutions (October 29, 2003 SEC No-Action Letter issued to EDX London Exchange)
None offered
Approved for options on individual Swedish, Norwegian and Danish equities11 for Eligible U.S. Institutions (October 29, 2003 SEC No-Action Letter issued to EDX London Exchange)
None offered
For the definitions of "Eligible U.S. Institution" and "Eligible Option" and for other explanatory information, please see the endnotes at the end of this table.
44
____________________________
NOTE: This Chart covers those products and exchanges that are likely to be of greatest interest to market participants in the United States. It is not, therefore, intended to be exhaustive, and is presented without any representation or warranty as to its accuracy, completeness or timeliness. Transmission or receipt of this information does not create an attorney-client relationship with Katten Muchin Rosenman LLP, and the information herein should not be used or relied upon in regard to any particular facts or circumstances without first consulting a lawyer. The United States government administers and enforces sanctions programs and other trade restrictions that may restrict the ability of U.S. persons to engage in financial transactions with specified persons, entities, governments and/or non-state actors (and persons or enterprises associated therewith). These may include, but are not limited to, prohibitions on buying or selling securities, commodities or derivative instruments from or to, or issued by, or through transactions arranged or intermediated by, persons or entities located in or otherwise connected with various non-U.S. jurisdictions included in this Chart. This Chart does not address the potential applicability of such sanctions programs or trade restrictions. This Chart also does not express any opinion as to the potential application of the laws of any jurisdiction other than the United States. Questions regarding the permissibility of trading in products that are not included in this Chart should be addressed to James D. Van De Graaff at +1.312.902.5227, Kevin M. Foley at +1.312.902.5372, Gary A. DeWaal at +1.212.940.6558 or Christian B. Hennion at +1.312.902.5521.
"Eligible U.S. Institution": As used in this Chart, in accordance with SEC no-action letters, the term "Eligible U.S. Institution" means, in general, a U.S. Person that (1) is a "qualified institutional buyer" as defined in Rule 144A(a)(1) under the Securities Act of 1933, and (2) has had prior actual experience in trading U.S.-listed options contracts. For information regarding working definitions of "U.S. Person" as that term is used in this Chart, please contact Katten Muchin Rosenman LLP.
"Eligible Option": As used in this Chart, in accordance with SEC no-action letters, the term "Eligible Option" means an index option or option on an individual security traded on a Foreign Options Market that is not fungible or interchangeable with options traded on any market other than the Foreign Options Market and, accordingly, each position in an Eligible Option issued by a clearing member of the Foreign Options Market can be closed out only on the Foreign Options Market. A "Foreign Options Market" means a non-U.S. derivatives market: (1) on which Eligible Options trade; and (2) that is an organized exchange operated and regulated outside the United States. See LIFFE A&M and Class Relief, SEC No-Action Letter (Jul. 1, 2013) available here. ____________________________ 1 [Reserved]
2 The CFTC No-Action Letter also applies to BM&F Bovespa's "Ibovespa Rollover" and "Forward Points on the Ibovespa" transactions.
3 The index is included in the CFTC's and SEC's joint order dated May 31, 2002, extending the exclusion of such index from the definition of "narrow-based security index" under the Commodity Exchange Act and Securities Exchange Act of 1934 beyond its expiration date of July 11, 2002 (the Joint Order). Foreign futures contracts or options on futures contracts on "narrow-based securities indexes" may not be offered or sold to U.S. Persons without the CFTC and SEC first developing joint regulations, which has not yet been done. Accordingly, the Joint Order effectively allows the stock index futures contracts and options on futures contracts that are based on the security indexes included in the Joint Order, which were granted no-action relief by the CFTC prior to the enactment of the Commodity Futures Modernization Act (CFMA) on December 21, 2000, to continue to be offered and sold to U.S. Persons after July 11, 2002, the date that the exclusion set forth in the CFMA was to expire.
4 In 2014, LIFFE's equity and equity index option contracts were migrated to ICE Futures Europe. See ICE Futures Europe Circular 14/146. ICE Futures Europe claimed class relief under the LIFFE A&M and Class Relief SEC No-Action Letter (Jul. 1, 2013) for Foreign Options Markets engaging in familiarization activities with Eligible U.S. Institutions with respect to Eligible Options. See ICE Futures Europe Class No-Action Relief Letter. Subject to certain conditions, ICE Futures Europe members can effect transactions in Eligible Options through trading infrastructure offered by ICE Futures Europe. See ICE Futures Europe Circular 14/138; ICE Futures Europe Class No-Action Relief Letter. ICE Futures Europe maintains a list of Eligible Options, which includes: (1) individual equity options based on the securities of non-U.S. issuers; and (2) index options based on indices that contain no component securities of U.S. issuers. The list of Eligible Options is available in an Excel spreadsheet titled "List of Contract Details for Equity Products" here.
5 Pursuant to the December 1, 2015 Representation Letter from Eurex to the SEC, Eligible U.S Institutions may trade options on individual Austrian-, Belgian-, Finnish-, French-, German-, British-, Irish-, Italian-, Dutch-, Russian-, Spanish-, Swedish- and Swiss-issued equities.
6 Eurex offers a KOSPI product that Eurex describes as a daily futures contract that expires every night, with any net open positions at the end of trading resulting in the establishment of a corresponding position in the Korean Exchange's KOSPI 200 Options (with strike prices, expiries, put/call and premiums) at the start of the next trading session on the Korean Exchange.
7 Pursuant to Eurex Circular 281/11, the STOXX Europe 600 Personal & Household Goods futures contract is no longer tradable on Eurex trading terminals in the United States. The previously issued No-Action Letter approving such product for sale to U.S. Persons (February 6, 2008 CFTC No-Action Letter issued to Eurex) has not been withdrawn.
8 Pursuant to Eurex Circular 260/11, the Euro STOXX Banks futures contract is no longer offered or distributed in the United States. See also Eurex Circular 281/11.
9 Additional restrictions apply to the trading of these products by U.S. Persons.
10 [Reserved]
11 The SEC also has approved for Eligible U.S. Institutions all options on individual Swedish-, Norwegian- and Danish-issued equities where those options are now or in the future listed on the EDX London exchange. Options on equities issued in any other country have not been approved at this time for trading by U.S. Persons on the EDX London Exchange. Note: EDX London Exchange has been acquired by the Turquoise Exchange.
12 The RDX USD Index futures contracts have not been approved for sale to U.S. Persons. The CFTC approved a similar Eurex contract (RDXxt USD RDX Extended Index futures contract) for sale to U.S. Persons in a no-action letter issued on March 6, 2008, but Eurex subsequently delisted the contract.
13 The Istanbul Stock Exchange (ISE) is now part of the Borsa Istanbul (BIST). As such, references to ISE 30 have been changed to BIST 30 on VIOP's trading platform and the CFTC's website.
45
14 The London Stock Exchange offers options on depositary receipts on Russian equity products through its International Order Book, which are approved for trading by Eligible U.S. Institutions pursuant to the London Stock Exchange's representation letter dated November 12, 2014 to the SEC. The list of eligible options may be accessed here. Eligible U.S. Institutions may also trade certain of these options through trading infrastructure offered by ICE Futures Europe, provided all applicable conditions are met. See Footnote 4.
15 ICE Futures Europe listed the following non-U.S. stock exchanges in its claim for class relief: Borsa Italiana, Copenhagen Stock Exchange, Deutsche Boerse, Euronext Amsterdam, Euronext Brussels, Euronext Lisbon, Euronext Paris, Helsinki Stock Exchange, Irish Stock Exchange, London Stock Exchange, London Stock Exchange International Order Book, Madrid Stock Exchange, Oslo Stock Exchange, SIX Swiss Exchange, Stockholm Stock Exchange and Vienna Stock Exchange.
16 This exchange has claimed relief under LIFFE A&M and Class Relief SEC No-Action Letter (Jul. 1, 2013) for Foreign Options Markets engaging in familiarization activities with Eligible U.S. Institutions with respect to Eligible Options.
17 Euronext Amsterdam listed the following regulated markets elsewhere in Europe for class relief: Euronext Brussels, Euronext Paris, London Stock Exchange, Deutsche Borse, Borsa Italiana, Bolsas y Mercados Espanoles, Swiss Exchange, OMX Stockholm, Oslo Stock Exchange, OMX Copenhagen, Weiner Borse, Irish Stock Exchange and OMX Helsinki.
18 Euronext Paris listed the following regulated markets elsewhere in Europe for class relief: Euronext Brussels, Euronext Amsterdam, London Stock Exchange, Deutsche Borse, Borsa Italiana, Bolsas y Mercados Espanoles, Swiss Exchange, OMX Stockholm, Oslo Stock Exchange, OMX Copenhagen, Weiner Borse, Irish Stock Exchange and OMX Helsinki.
19 Pursuant to the December 1, 2015 Representation Letter from Eurex to the SEC, Eligible U.S Institutions may trade options on the following Euro STOXX and STOXX Europe 600 Sector Indices: EURO STOXX Automobiles & Parts; EURO STOXX Banks (see also chart above), including weekly options with expiries on 1st, 2nd, 4th and 5th Fridays; EURO STOXX Basic Resources; EURO STOXX Chemicals; EURO STOXX Construction & Materials; EURO STOXX Financial Services; EURO STOXX Food & Beverage; EURO STOXX Health Care; EURO STOXX Industrial Goods & Services; EURO STOXX Insurance; EURO STOXX Media; EURO STOXX Oil & Gas; EURO STOXX Personal & Household Goods; EURO STOXX Real Estate; EURO STOXX Retail; EURO STOXX Technology; EURO STOXX Telecommunications; EURO STOXX Travel & Leisure; EURO STOXX Utilities; STOXX Europe 600 Automobiles & Parts; STOXX Europe 600 Banks (see also chart above); STOXX Europe 600 Basic Resources; STOXX Europe 600 Chemicals; STOXX Europe 600 Construction & Materials; STOXX Europe 600 Financial Services; STOXX Europe 600 Food & Beverage; STOXX Europe 600 Health Care; STOXX Europe 600 Industrial Goods & Services (see also chart above); STOXX Europe 600 Insurance (see also chart above); STOXX Europe 600 Media (see also chart above); STOXX Europe 600 Oil & Gas; STOXX Europe 600 Personal & Household Goods (see also chart above); STOXX Europe 600 Real Estate; STOXX Europe 600 Retail; STOXX Europe 600 Technology; STOXX Europe 600 Telecommunications; STOXX Europe 600 Travel & Leisure (see also chart above); and STOXX Europe 600 Utilities (see also chart above).
20 Eurex no longer relies on the relief provided in SEC staff's no-action letter dated July 27, 2005. As such, U.S. Persons are prohibited from trading options listed on Eurex that were included in the July 27, 2005 no-action relief but not otherwise included in subsequent no-action relief, including options on the Dow Jones Global Titans 50 index and various ETF products.
21 The MSCI Europe Net Total Return (Euro-denominated) Index futures contracts has been approved for sale to U.S. Persons. The CFTC approved a similar MSCI contract (MSCI Euro) for sale to U.S. Persons in a no-action letter issued on April 6, 2000, but ICE Futures Europe subsequently delisted the contract.
22 Unless otherwise indicated, a futures contract on an ETF that tracks the same index is not approved for sale to U.S. Persons. 23 The futures contract on the Taiwan Futures Exchange Electronic Sector Index previously had been approved for sale to U.S. persons pursuant to a May 16, 2005 CFTC No-Action Letter issued to
the Taiwan Futures Exchange. On September 30, 2016, the Taiwan Futures Exchange issued a notice providing that, as of October 1, 2016, the index shall be deemed a narrow-based index and therefore may only be offered and sold to U.S. persons in compliance with the applicable requirements of both the SEC and the CFTC.
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