Euronext.liffe has announced that options on the shares of NYSE Euronext will be available for trading from April 4, 2007, on both the Paris and Amsterdam market segments of Liffe Connect.
NYSE Euronext options will be available for trading on Liffe Connect via the full-screen central market model currently used in Amsterdam, Brussels and Paris. The market model gives investors access to competitive prices throughout the trading day by ensuring a constant display of bid and offer prices, thus improving on-screen liquidity, enhancing the quality of the market and providing added value for customers.
NYSE Euronext options will expire on the third Friday of the contract month and will have initial lifetimes ranging from one month to two years. Each NYSE Euronext option will represent 100 shares in NYSE Euronext.
Clearing will be handled by LCH.Clearnet, and liquidity in NYSE Euronext options will be supported by dedicated market makers.