FX Options Prices | Luminor

Luminor provides you with an access to dedicated liquidity and streaming prices. Luminor option prices are shown on your trading platforms as dynamic Bid/Ask spreads. The options’ bid/ask spreads are of variable nature and depending on liquidity and conditions.

Spreads

The quoted FX Options spreads are for 30 day at-the-money options. Spreads for other strikes and maturities will vary. All prices are found on Luminor Trade platform: Trading > Option Trading > Forex Options Board

Luminor Bank reserves the right to apply different spreads for notional amounts exceeding market standard or for customers requiring a specific level of service.

Indicative spreads on some Major FX pairs:

FX currency pair Indicative spread
EURUSD 0.0010
GBPUSD 0.0012
USDCHF 0.0011
EURGBP 0.0008
USDJPY 0.11
EURJPY 0.22
GBPJPY 0.25

Trade & Size Liquidity

Maximum streaming notional amount is 25 million units of base currency; with a minimum ticket size of 10,000 on currency pairs; and for precious metals 10 oz (Gold) and 100 oz (Silver).

Notional amounts over maximum streaming amount are request for quote (RFQ).

Ticket fee on small trades

For small trade sizes a 'Minimum Ticket fee' of USD 8 (equivalent in another currency) is applied. A 'Minimum Ticket fee' of USD 8 (equivalent in another currency) is not applied when trade amount is equal or above listed in table below.

FX Vanilla Option Ticket Fee is not applied when trade amount is equal or above listed below
XAUUSD 50
XAGUSD 5'000
AUDSGD, EURCZK, EURHUF, EURPLN, EURTRY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, USDCAD, USDCHF, USDHUF, USDILS, USDJPY, USDMXN, USDPLN, USDSGD, USDTRY, USDZAR 50'000
AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNOK, EURNZD, EURSEK, NZDJPY, NZDUSD, USDNOK, USDSEK 100'000
NOKSEK 1'000'000

Pricing model

The pricing model applied for FX Vanilla Options is based on an implied volatility surface for the Black-Scholes model based on the interbank market.

Spreads are variable depending on maturity and currency pair. Prices are shown as dynamic bid/ask spreads.