The international derivatives exchange Eurex is introducing new equity options on Austrian and Swiss underlyings.
The exchange will also launch more than 100 new single stock futures in December 2007 and January 2008.
The recently launched Austrian equity options segment will be extended with five new options on Austrian Airlines, Intercell, Asterreichische Post, Strabag and Wiener Stadtische Versicherung. The new options will be available as of 10 December.
Two new equity options on Swatch Bearer Shares and BB Biotech will be launched on 17 December and complement the Swiss equity options segment. Contract specifications of the new options will be in-line with the existing products.
Additionally, due to the inclusion of Deutsche Boerse AG and Volkswagen into the Dow Jones Euro STOXX 50 index, Eurex will increase the available contract months for equity options based on these two underlyings from 24 months to 60 months as of 10 December.
As part of the announced single stock futures (SSFs) expansion, Eurex will also introduce 107 new SSFs in December 2007 and January 2008. A block of 17 single stock futures will start trading on 10 December, a block of further 20 SSFs will follow on 17 December and another block will be launched on 7 January, 2008.
54 out of these 57 new SSFs will have UK stocks as underlying and will be denominated in sterling, the remaining three will be based on Russian underlyings and priced in US dollars.
Starting on 21 January 2008, Eurex will further expand its offering with 50 single stock futures on US underlyings, namely the top companies of the benchmark index S&P 500.