NYSE Liffe, the European based derivatives business of NYSE Euronext, will add options on the shares of investment company NSI NV to its range of equity option classes.
The options will be available as of 23 April on the Amsterdam derivatives market of NYSE Liffe.
NSI is a listed closed-end real estate investment company with variable capital that invests in offices and retail in high-quality locations in the Netherlands and Belgium. The company is listed at NYSE Euronext Amsterdam since 3 April 1998. NSI is a constituent of the AMX-Index.
With this new listing 21 AMX companies will have an equity options listing. In addition all companies of the AEX-Index have an equity option listing.
Ade Cordell, executive director, head of equity derivatives of NYSE Liffe, says: “We are pleased to announce the listing of NSI options to our Amsterdam market which will provide investors with new investment opportunities. Equity options provide significant added value to the liquidity of the underlying share and will benefit the visibility of the company.”
These new American-style options will expire on the third Friday of the contract month and will have initial maturities of one to six months. Each option will represent 100 shares in NSI and will be cleared via LCH.Clearnet SA.
In the first three months of 2013, 29 million equity options were traded on NYSE Liffe (including Bclear), which trades equity futures and options on more than 1,000 European stocks.