Euronext adds options on Flow Traders to its spotlight segment

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Additional Spotlight options promoted to standard segment, thanks to lively trading

Amsterdam, Brussels – 9 September 2015– Today Euronext announces the further expansion of its Spotlight options offering with new options on Flow Traders N.V. (option trading symbol: FLW), aleading technology-enabled liquidity provider that specializes in exchange traded products (“ETPs”). The options follow the company’s successful IPO on Euronext Amsterdam in July this year and are available for trading as from 14 September.

In addition, Euronext promoted the existing Spotlight option classes Euronav (option trading symbol: EUN) and BE Semiconductor Industries (option trading symbol: BES) to the standard options segment which means that the lifetime of these contracts will be further extended. The extension to longer maturities follows the lively trading in these option classes.

The Spotlight segment is dedicated to the development of new option classes requested by market participants. The Spotlight options have short-term maturities of one, two and three months. The combination of added liquidity and visibility allows the option classes to grow to become mature option classes. If these option classes take root, additional maturities will be introduced.

“We are pleased that Euronext has taken the initiative to launch options on our share”, said Sjoerd Rietberg,co-CEO of Flow Traders. “As a liquidity provider in the fast growing global  ETP markets, we believe the addition of options to complement our Euronext stock trading will further enhance the visibility of our company in the marketplace and multiply ways in which investors can participate in our company.”

“We are very pleased to expand our Spotlight options segment with options on Flow Traders. Moreover the strong liquidity and the promotion of two more classes are proof of the success of the segment,” said Adam Rose, Head of Financial Derivatives at Euronext. “We’re constantly adapting our product offering to the needs of the market, in order to serve our customers in the best possible way. We will keep on increasing this segment by introducing Spotlight options on other geographies and asset classes, responding to market demand.”

 

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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