Amsterdam – 9 December 2013 – Euronext N.V., a wholly owned subsidiary of IntercontinentalExchange Group, Inc. (NYSE: ICE), will introduce options on the shares of OCI N.V. (“OCI”). The options will be available as of Friday 13 December on the derivatives market of Euronext Amsterdam.
OCI N.V. is an international nitrogen fertilizer producer and engineering & construction contractor, with projects and investments across Europe, the Americas, the Middle East, North Africa and Central Asia. OCI employs more than 74,000 people in 35 countries around the globe.
The newly listed options follow the successful listing of OCI on Euronext Amsterdam on 25 January 2013. Since September 2013, OCI N.V. has been a constituent of the AMX-Index®, the index for mid-sized companies listed on Euronext Amsterdam. By adding these new options Euronext is expanding the number of equity option classes on AMX® companies to 22. In addition, all constituents of the AEX-Index® have an equity option listing.
Frank Ammerlaan, Head of Sales & Client Coverage Benelux for Euronext, said: “We are pleased to announce the introduction of the OCI options, providing investors with new investment opportunities.
The Amsterdam derivatives market of Euronext is a highly liquid and competitive market, with a large number of direct market participants trading in a wide and successful range of equity option classes. The OCI options are a great addition to our option series and increase the range of options on large internationally oriented companies.”
These new American-style options (option trading symbol: OCI) will expire on the third Friday of the contract month and will have initial maturities of 1, 2, 3 and 6 months. Each option will represent 100 shares in OCI and will be cleared via LCH.Clearnet SA.
Euronext lists over 200 equity options (also known as individual stock options) on leading European companies via the Amsterdam, Brussels, London and Paris central order books.