Source: Euronext.liffe
Euronext.liffe announced today that from 4 April 2007 options on the shares of NYSE Euronext will be available for trading, on both the Paris and Amsterdam market segments of LIFFE CONNECTÒ.
As of 4 April the shares of NYSE Euronext will be listed on the NYSE and on Euronext Paris.
NYSE Euronext options will expire on the third Friday of the contract month and will have initial lifetimes ranging from one month to two years. Each NYSE Euronext option will represent 100 shares in NYSE Euronext. Clearing will be handled by LCH.Clearnet. Liquidity in NYSE Euronext options will be supported by dedicated market makers.
NYSE Euronext options will be available for trading on LIFFE CONNECT via the highly successful full-screen central market model as used in Amsterdam, Brussels and Paris. The market model gives investors access to competitive prices throughout the trading day by ensuring a constant display of bid and offer prices, thus improving on-screen liquidity, enhancing the quality of the market and providing added value for customers.