To continue the development of the Icelandic market OMX will as from the 14th of May 2007 offer derivatives based on Icelandic shares, OMXI15 and the Consumer Price Index.
OMX Derivatives Markets are launching derivatives on Icelandic stocks and indexes. The index futures are based on OMXI15, which comprises 15 of the most liquid and highly capitalized Icelandic companies traded on the cash market. A forward contract on the Consumer Price Index “CPI” will be listed as well as standardized single Icelandic equity futures and options in Kaupthing, Landsbanki and Glitnir. Registration of tailor made contracts will be available on all Icelandic shares.
