Euronext launches Spotlight Options
Euronext launches new ‘Spotlight Options’ on six companies listed on its Amsterdam market: Telegraaf Media Groep NV, Sligro Food Group NV, Exact Holding NV, Accell Group NV, Altice SA and BE Semiconductor Industries NV.
Spotlight Options, a segment dedicated to the development of new option classes requested by market participants, on its Amsterdam and Brussels derivatives markets. Through a unique combination of Liquidity Provider support and dedicated promotion by Sponsoring Brokers, underlying assets with notable market events or activity will be put in the spotlight.
Spotlight Options will create additional investment and trading opportunities in SMEs and newly listed stocks. The added liquidity and visibility will allow the classes to grow to become mature option classes. The Spotlight Options have short-term maturities of 1, 2 and 3 months. In a second phase Euronext will expand the segment via the introduction of Spotlight Options on other geographies and asset classes, responding to market demand. On Euronext Brussels, five Spotlight option classes will be introduced on July 15th.
The launch is celebrated with a special gong ceremony in attendance of prominent representatives of the companies. Rene Takens, CEO of Accell Group, sounds the gong together with CFO of BE Semiconductor, Cor te Hennepe, CFO of Sligro Food Group, Huub van Rozendaal, CFO of TMG, Fred Arp, the CFO of Accell Group, Hielke Sybesma and Head of IR at Exact, Michel Hülters.
For more information: www.euronext.com