Amsterdam, 31 January 2011 – Today NYSE Liffe, the Europe-based derivatives business of NYSE Euronext (NYX), announced that it will add options on the shares of Aperam (ticker symbol: APAM) to its highly successful range of equity option classes. The launch of these options follows the successful listing of Aperam, the demerged stainless, electrical and specialty steel activities of ArcelorMittal, which took place on January 26. On the same day Aperam was also included in the AEX-index. The Aperam options will be introduced on the Amsterdam derivatives market of NYSE Liffe.
Alan van Griethuysen, Business Head Benelux and Asia of NYSE Liffe commented: “With the listing of options on Aperam we are further expanding our equity option franchise on the central market. We are pleased investors in Aperam will also have access to our liquid and highly competitive options market.”
These new American-style options will expire on the third Friday of the contract month and will have initial lifetimes of one to twelve months. Each option will represent 100 shares in Aperam and will be cleared via LCH.Clearnet SA. Liquidity in the options will be supported by market
makers 323 Trading, Caerus and Kemp Trading. Trading will take place on LIFFE CONNECTÒ.
In 2010, 175 million equity options were traded on NYSE Liffe. Almost 50% of this volume was traded on the Amsterdam market. NYSE Liffe lists stock options (also known as individual equity options) on over 250 leading European companies via the Amsterdam, Belgian, London and Paris central order books.
NYSE Liffe to launch equity options on Aperam
Press Release Footer
About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).
Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.
This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.
© 2024, Euronext N.V. - All rights reserved.