Brussels – 17 March 2015 – Euronext announced today the successful introduction of spotlight options on the shares of Ontex (option trading symbol: ONT) and D’Ieteren (option trading symbol: IET). The spotlight options will be available as of today on the derivatives market of Euronext Brussels.
The spotlight options on Ontex and D’Ieteren have short-term maturities of one, two and three months. The liquidity in these option classes will be supported by Susquehanna International Securities and B&Btrading.
Spotlight options are a special segment on the Euronext Brussels and Amsterdam derivatives markets, dedicated to the development of new option classes requested by market participants. Spotlight options give more visibility to underlying assets such as medium and smaller sized companies and newly listed stocks through a unique combination of liquidity provider support and promotion by sponsoring brokers.
Adam Rose, Head of Financial Derivatives at Euronext: “By introducing new spotlight options on Ontex and D’Ieteren, Euronext is providing an answer to the demand from retail and institutional investors who want to broaden their investment and trading opportunities. The dynamics of the spotlight options segment allows Euronext to meet its clients’ needs in a transparent and regulated environment, contributing to financing the real economy.”
Leen Van Wambeke, Business Development Manager Financial Derivatives at Euronext: “We are delighted to further expand our equity options offering with spotlight options on Ontex and D’Ieteren.These new introductions bring the number of spotlight options to 14, among which eight are traded on the Euronext Brussels market and six on Euronext Amsterdam. Since their launch, 55,000 spotlight options were traded on Euronext by a broad range of retail and institutional investors looking for innovative investment opportunities.”