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BEL 20 INDEX OPTION
 


Codes en classificatie
Mnemo BXO Market NYSE Liffe Brussels Vol. 10 19/11/09
exercise type European Valuta € O.I. 4,797
Underlying BEL 20 ISIN BE0389555039 Market Euronext Brussels
Valuta € Laatst 2,485.61  19/11/09 18:06 Last change % -1.58
 BEL 20® Index Options
Handelseenheid Contract valued at €2 per index point (e.g. value €4,800 at 2400.0)
Expiratiemaanden 1, 2, 3, 6, 9, 12, 24, 36 months series in the March, June, September, December cycle1
Noteringseenheid In Euros to two decimal points
Minimum prijsinterval
(waarde prijsinterval)		 €0.01 (€0.02)
Dag van uitoefening Exercise by 18.00 Brussels time on the Last Trading Day only
Laatste handelsdag Trading ceases at 16.00 Brussels time the third Friday of the expiry month. In the event of the third Friday not being a business day, the Last Trading Day shall normally be the last business day preceding the third Friday
Expiratiedag Settlement day is the first business day after expiry
Handelstijden Pre-Open 07.01 a.m. - 09.01 a.m. Open 09.01 a.m. - 05.30 p.m. Brussels time
Related documentation
BEL 20 Index Option Contract
Last update 31/07/07

Trading Platform:

  • LIFFE CONNECT®
  • Algorithm: Central order book applies a price-time trading algorithm with priority given to the first order at the best price.
  • Wholesale Service: Block Trading, Delta Neutral against BXF

Exchange Delivery Settlement Price (EDSP): Price calculated and published by Euronext Brussels, and which is used to perform the settlement; average with two decimals of the BEL20® Index levels calculated and disseminated between 15.40 and 16.00 Brussels time (borders included) on the last trading day

Daily Settlement Price: Not applicable

Contract Standard: Cash settlement based on a Daily Settlement Price for non-expiring series or the EDSP for expiring series

Exercise Price Intervals: Multiple series intervals per expiry month: the intervals depend on the remaining lifetime of the expiry month. The shorter the lifetime, the smaller the intervals. The minimum number of available strikes increase as the lifetime of an expiry month reduces. The interval scheme and minimum number of strikes per expiry month are available in the related documentation above.

Introduction of new exercise prices: Additional exercise prices will be introduced on the business day after the underlying index level has exceeded the second highest, or fallen below the second lowest, available exercise price

Option premium: Payable by the buyer in full on the business day following a transaction

Clearing: LCH.Clearnet S.A.

1 Month 12 is always June or December – months 24 and 36 are always December