...
Standardized/non-standardized (indicates whether the terms of the contract
are standardized or not):
- S Standardized (the underlying instruments, exercise price, expiration date and contract size of the options are standardized; these options are traded on special option
exchanges)
- Non-standardized (options traded on option exchanges which have non-standard delivery or expiry terms)
Also need to investigate where basic commodities contracts should be - in DER or in SEC, because basic commodities can be securitized. The question is where do these go. All references to commodities contracts are currently in DER. John will look into that as well.