ASX Market participants and ASX Clear Participants are advised that ASX will list options over STW (SPDR S&P/ASX 200 Fund) for trading on Friday 8 September 2017.
The new contract specification for option contracts over ETFs will be:
Exercise style: European
Exercise cycle: First 4 quarterly (March, June, September, December) expiries
Contract size: 100 securities
Registration fee: $0.13 per contract
ASX will look to increase the number of ETF option classes in the future. This will be based on liquidity metrics, end client demand and Market Maker support.
Participants and vendors should make the necessary plans in order to support the new options over ETFs listing on the night of Thursday 7 September 2017.
Please note that instruments are available for testing in ASX’s external test environment. Please contact ASX Customer Technical Service (CTS) for access details.
CTS: Phone: 1800 663 053; Email: cts@asx.com.au
Gregory Pill – Manager, Equity Derivatives
Gregory Pill
+61 (02) 9227 0696
greg.pill@asx.com.au