Sign up for free newsletter

 

Euribor multi-serial options trade 2.2 million contracts

Euribor multi-serial options trade 2.2 million contracts


NYSE Liffe, the Europe-based derivatives business of NYSE Euronext, says its multi-serial options on Euribor have traded over two million lots in two months.

NYSE Liffe launched multi-serial options on Euribor on 19 January to offer further hedging opportunities to customers.
 
Multi-serial options are long dated non-quarterly delivery months, delivering into quarterly futures.
 
Since launch, the new Euribor multi-serial options have traded 2.2 million contracts.

The Euribor options market has an average daily turnover of 716,000 contracts in 2010 – a 51 per cent increase on a record 2009 - and open interest currently stands at over 14 million contracts.
 
Paul MacGregor, director of NYSE Liffe fixed income derivatives, says: “The multi-serial options have quickly added a new trading dimension to a super-liquid market, and their performance has exceeded our expectations.”

events
5 days 7 hours from now - Ulaanbaatar
1 week 7 hours from now - New York
1 week 1 day from now - San Francisco
2 weeks 7 hours from now - Los Angeles
listingsdirectory
Nasdaq
Tue, 30/08/2016 - 11:02
Edelman
Thu, 18/08/2016 - 10:14
Eden Rock Capital Management
Wed, 15/06/2016 - 17:30
training
Wed, 21/09/2016   - London
Wed, 28/09/2016   - London
Thu, 29/09/2016   - London
specialreports
other gfm publications