The international derivatives exchange Eurex is expanding its European equity option offering, introducing eleven options on Austrian equities on 10 September.
The new options will complement the ten single stock futures on selected Austrian equities that have been listed since 2006. Demand for the new options will are expected to come from fund managers and proprietary traders, as well as from issuers of warrants and certificates.
The contract specifications are the same as those for the existing German equity options. Eurex is waiving the trading fees until the end of November 2007. At the same time, a market-making model for Austrian equity options will support liquidity from the outset.