As a step in the process of changing the expiration day on Norwegian Single Stock derivatives to be the third Thursday instead of the third Friday and as a way to facilitate the transition NASDAQ OMX Derivatives Markets has decided to do the following:
Introduction of a Fee holiday on Norwegian derivatives
A fee holiday is introduced on trading and clearing of Norwegian single stock options, futures, forwards and on OMXO20 options and futures. The fee holiday starts as of February 2, 2015 and is valid until April 30, 2015. This applies to contracts expiring on the third Thursday as well as to contracts expiring on the third Friday.
Delisting of Series on Norwegian Single Stock Derivatives with Friday expiration
As of January 30, 2015, NASDAQ OMX Derivatives is delisting all Series without open interest on Norwegian Single Stock Derivatives expiring on the third Friday of the month. However, if there is open interest in a Call/Put the corresponding Call/Put will not be delisted although it lacks open interest. The remaining Series expiring on the third Friday will, until they expire, run in parallel with the Series expiring on the third Thursday which are already fully listed.
In exceptional cases if there is a customer demand, Series can be listed on request.
For further information concerning this exchange notice please contact Mikael Siewertz, telephone +46 8 405 6634 or Håkan Walden, telephone +46 8 405 7170.
