Derivatives: Introduction of Weekly Options on OMXS30 (34/12)


As of September 3, 2012 NASDAQ OMX will introduce trading in Weekly Options on the OMXS30 Index.

The expiration day for Weekly Options will normally be on Friday every week, provided that Friday is a day open for business at NASDAQ OMX Stockholm. No Weekly Options will be listed with expiration on the week that Monthly Options on OMXS30 expires. Furthermore, the contract length for Weekly Options will be up to two weeks, the tick size will be smaller, new Strikes will be introduced with a tighter interval and the Final Settlement Price will follow a one hour VWAP technique already applied for the VINX Index and broadcasted by NASDAQ OMX.

Weekly options are already in place in test environment Nr 1 for testing. The one hour VWAP feed will be available in the test environment on or around May 21, 2012.

Please see the attached files for a detailed product description.

For further information concerning this exchange notice please contact Alex Kubiak, telephone +46 8 405 61 82.

 


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