Source: Derivatives

Derivatives: Standardised derivatives on ISS (26/14)

As of March 26, 2014 NASDAQ OMX will introduce standardised options and futures on ISS A/S (ISS).

Danish company ISS is a leading global provider of facility services with operations in more than 50 countries. With more than 530,000 employees, ISS is one of the largest private employers in the world and its service offering includes cleaning, property services, catering, support services, security and facility management.

Options and futures on ISS will have a term of 3 and 12 months. In NASDAQ OMX’s derivative trading and clearing systems, the ticker symbol for ISS is ISS and the underlying code is 8291. For margin calculation purposes, ISS is included in group 15 of the parameter value list with a scanning range of +/- 15 percent.

Danske Bank will be quoting prices for options and futures on ISS.

For further information concerning this exchange notice please contact Håkan Walden, telephone +46 8 405 71 70 or Mikael Siewertz, telephone +46 8 405 66 34.
 

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